Axcelis Technologies, Inc. $ACLS Shares Bought by Royal Bank of Canada

Royal Bank of Canada grew its holdings in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 154.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,793 shares of the semiconductor company’s stock after purchasing an additional 5,944 shares during the period. Royal Bank of Canada’s holdings in Axcelis Technologies were worth $912,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. REAP Financial Group LLC purchased a new position in shares of Axcelis Technologies in the fourth quarter valued at approximately $25,000. Advisory Services Network LLC purchased a new stake in Axcelis Technologies during the 3rd quarter worth approximately $32,000. EverSource Wealth Advisors LLC increased its stake in Axcelis Technologies by 145.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock worth $31,000 after buying an additional 267 shares during the period. Leonteq Securities AG acquired a new stake in Axcelis Technologies during the 4th quarter worth approximately $40,000. Finally, Parallel Advisors LLC lifted its holdings in Axcelis Technologies by 22.0% during the 1st quarter. Parallel Advisors LLC now owns 665 shares of the semiconductor company’s stock worth $62,000 after buying an additional 120 shares in the last quarter. Institutional investors and hedge funds own 89.98% of the company’s stock.

Wall Street Analyst Weigh In

ACLS has been the subject of several research reports. Craig Hallum downgraded shares of Axcelis Technologies from a “buy” rating to a “hold” rating and set a $140.00 price target for the company. in a research note on Friday, August 7th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Axcelis Technologies in a research report on Friday, August 7th. Finally, Bank of America increased their price objective on Axcelis Technologies from $130.00 to $156.00 and gave the company an “underperform” rating in a research note on Tuesday, June 23rd. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $132.20.

Insider Buying and Selling

In related news, VP Todd Sutton sold 2,000 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $159.99, for a total transaction of $319,980.00. Following the completion of the transaction, the vice president owned 6,360 shares in the company, valued at approximately $1,017,536.40. The trade was a 23.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Necip Sayiner sold 1,586 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $157.44, for a total transaction of $249,699.84. Following the transaction, the director owned 7,112 shares of the company’s stock, valued at approximately $1,119,713.28. The trade was a 18.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.49% of the company’s stock.

Axcelis Technologies Stock Up 1.7%

ACLS stock opened at $127.07 on Friday. The company’s 50 day moving average price is $147.33 and its 200 day moving average price is $127.39. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.21 and a current ratio of 4.90. Axcelis Technologies, Inc. has a fifty-two week low of $73.60 and a fifty-two week high of $193.78. The firm has a market capitalization of $3.92 billion, a price-to-earnings ratio of 42.64, a PEG ratio of 3.88 and a beta of 1.92.

Axcelis Technologies (NASDAQ:ACLS) last issued its earnings results on Thursday, August 6th. The semiconductor company reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.17. Axcelis Technologies had a net margin of 10.71% and a return on equity of 11.69%. The firm had revenue of $215.18 million for the quarter, compared to analysts’ expectations of $205.03 million. During the same quarter last year, the company earned $1.13 earnings per share. The firm’s revenue was up 10.6% compared to the same quarter last year. Axcelis Technologies has set its Q3 2026 guidance at 1.110-1.110 EPS. On average, equities research analysts anticipate that Axcelis Technologies, Inc. will post 3.39 EPS for the current fiscal year.

Axcelis Technologies Profile

Axcelis Technologies, Inc is a leading developer and manufacturer of ion implantation and cleaning equipment used in the fabrication of semiconductor chips. The company specializes in high-current, medium-current and high-energy ion implantation systems, which are critical for introducing precisely controlled dopants into silicon wafers. Axcelis also offers plasma-based cleaning and dry strip tools that support advanced process nodes in logic, memory and power device manufacturing.

The company’s product portfolio encompasses single-wafer and multi-wafer cluster tools designed to deliver high throughput, accuracy and uniformity for semiconductor process steps.