Jorge Titinger Sells 2,000 Shares of Axcelis Technologies (NASDAQ:ACLS) Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) Director Jorge Titinger sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $164.14, for a total transaction of $328,280.00. Following the completion of the transaction, the director directly owned 4,477 shares in the company, valued at approximately $734,854.78. The trade was a 30.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Jorge Titinger also recently made the following trade(s):

• On Friday, February 20th, Jorge Titinger sold 1,000 shares of Axcelis Technologies stock. The shares were sold at an average price of $80.00, for a total transaction of $80,000.00.

Axcelis Technologies Trading Down 0.3%

ACLS stock traded down $0.51 during midday trading on Thursday, reaching $161.64. The company’s stock had a trading volume of 393,328 shares, compared to its average volume of 791,161. Axcelis Technologies, Inc. has a 52 week low of $55.93 and a 52 week high of $171.61. The stock has a market cap of $4.97 billion, a PE ratio of 50.36, a price-to-earnings-growth ratio of 12.87 and a beta of 1.93. The company has a quick ratio of 2.99, a current ratio of 4.59 and a debt-to-equity ratio of 0.04. The business’s 50-day simple moving average is $111.75 and its 200-day simple moving average is $94.97.

Axcelis Technologies (NASDAQ:ACLS) last announced 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. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. The firm had revenue of $198.96 million for the quarter, compared to analysts’ expectations of $195.03 million. During the same period last year, the firm earned $0.88 earnings per share. The business’s revenue for the quarter was up 3.3% on a year-over-year basis. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. As a group, sell-side analysts expect that Axcelis Technologies, Inc. will post 2.86 EPS for the current year.

Analysts Set New Price Targets

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

Institutional Investors Weigh In On Axcelis Technologies

Several institutional investors have recently added to or reduced their stakes in the stock. Sei Investments Co. lifted its position in Axcelis Technologies by 61.0% in the 1st quarter. Sei Investments Co. now owns 45,035 shares of the semiconductor company’s stock valued at $4,192,000 after acquiring an additional 17,059 shares in the last quarter. Lido Advisors LLC lifted its position in Axcelis Technologies by 17.9% in the 1st quarter. Lido Advisors LLC now owns 4,259 shares of the semiconductor company’s stock valued at $396,000 after acquiring an additional 648 shares in the last quarter. First Trust Advisors LP lifted its position in Axcelis Technologies by 55.9% in the 1st quarter. First Trust Advisors LP now owns 137,779 shares of the semiconductor company’s stock valued at $12,824,000 after acquiring an additional 49,383 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Axcelis Technologies by 0.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 844,097 shares of the semiconductor company’s stock valued at $78,565,000 after acquiring an additional 3,057 shares in the last quarter. Finally, Parallel Advisors LLC lifted its position in Axcelis Technologies by 22.0% in the 1st quarter. Parallel Advisors LLC now owns 665 shares of the semiconductor company’s stock valued at $62,000 after acquiring an additional 120 shares in the last quarter. 89.98% of the stock is owned by institutional investors.

Axcelis Technologies Company 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.