Axcelis Technologies (NASDAQ:ACLS) EVP Sells $363,538.00 in Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) EVP Robert John Mahoney sold 2,258 shares of Axcelis Technologies stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $161.00, for a total value of $363,538.00. Following the sale, the executive vice president directly owned 12,759 shares of the company’s stock, valued at approximately $2,054,199. The trade was a 15.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Axcelis Technologies Price Performance

ACLS opened at $155.18 on Friday. The stock has a market cap of $4.77 billion, a price-to-earnings ratio of 48.34, a PEG ratio of 12.87 and a beta of 1.93. Axcelis Technologies, Inc. has a 1 year low of $55.93 and a 1 year high of $171.61. The company has a current ratio of 4.59, a quick ratio of 2.99 and a debt-to-equity ratio of 0.04. The stock has a fifty day moving average price of $114.63 and a 200 day moving average price of $95.94.

Axcelis Technologies (NASDAQ:ACLS) last released its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.71 by $0.01. The firm had revenue of $198.96 million during the quarter, compared to analysts’ expectations of $195.03 million. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The business’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.88 earnings per share. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Analysts forecast that Axcelis Technologies, Inc. will post 2.86 EPS for the current fiscal year.

Hedge Funds Weigh In On Axcelis Technologies

Several institutional investors have recently bought and sold shares of the stock. Victory Capital Management Inc. raised its holdings in Axcelis Technologies by 85.9% during the fourth quarter. Victory Capital Management Inc. now owns 1,807,404 shares of the semiconductor company’s stock valued at $145,207,000 after buying an additional 835,242 shares in the last quarter. Reinhart Partners LLC. raised its holdings in Axcelis Technologies by 6.0% during the third quarter. Reinhart Partners LLC. now owns 1,610,332 shares of the semiconductor company’s stock valued at $157,234,000 after buying an additional 91,788 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Axcelis Technologies by 0.4% during the first quarter. Dimensional Fund Advisors LP now owns 844,097 shares of the semiconductor company’s stock valued at $78,565,000 after buying an additional 3,057 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Axcelis Technologies by 7.5% during the first quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company’s stock valued at $31,560,000 after buying an additional 44,275 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in Axcelis Technologies by 23.8% during the fourth quarter. Invesco Ltd. now owns 478,897 shares of the semiconductor company’s stock valued at $38,475,000 after buying an additional 92,162 shares in the last quarter. 89.98% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on ACLS. Weiss Ratings cut Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday. Zacks Research raised Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Finally, B. Riley Financial raised Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price objective for the company in a research report on Monday, April 20th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $116.25.

About Axcelis Technologies

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.