Segall Bryant & Hamill LLC Grows Stock Holdings in Axcelis Technologies, Inc. $ACLS

Segall Bryant & Hamill LLC lifted its stake in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 96.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 200,371 shares of the semiconductor company’s stock after purchasing an additional 98,184 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Axcelis Technologies were worth $18,651,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in ACLS. Victory Capital Management Inc. increased its position in Axcelis Technologies by 85.9% during the 4th 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. The Manufacturers Life Insurance Company boosted its holdings in Axcelis Technologies by 3,402.5% in the first quarter. The Manufacturers Life Insurance Company now owns 491,745 shares of the semiconductor company’s stock worth $45,772,000 after acquiring an additional 477,705 shares in the last quarter. Invesco Ltd. boosted its holdings in Axcelis Technologies by 176.6% in the third quarter. Invesco Ltd. now owns 386,735 shares of the semiconductor company’s stock worth $37,761,000 after acquiring an additional 246,939 shares in the last quarter. Balyasny Asset Management L.P. grew its stake in shares of Axcelis Technologies by 10,368.7% in the fourth quarter. Balyasny Asset Management L.P. now owns 243,503 shares of the semiconductor company’s stock worth $19,563,000 after acquiring an additional 241,177 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC grew its stake in shares of Axcelis Technologies by 142.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 266,015 shares of the semiconductor company’s stock worth $22,909,000 after acquiring an additional 156,387 shares during the last quarter. 89.98% of the stock is owned by institutional investors.

Axcelis Technologies Trading Up 4.1%

Shares of NASDAQ:ACLS opened at $130.38 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.59 and a quick ratio of 2.99. Axcelis Technologies, Inc. has a 1 year low of $65.64 and a 1 year high of $193.78. The company has a market cap of $4.01 billion, a P/E ratio of 40.62, a PEG ratio of 9.23 and a beta of 1.88. The stock’s fifty day moving average price is $154.47 and its 200-day moving average price is $122.86.

Axcelis Technologies (NASDAQ:ACLS) last released its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.71 by $0.01. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The company had revenue of $198.96 million during the quarter, compared to the consensus estimate of $195.03 million. During the same period last year, the company earned $0.88 EPS. Axcelis Technologies’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. Sell-side analysts expect that Axcelis Technologies, Inc. will post 3.21 earnings per share for the current year.

Insider Activity

In other news, EVP Christopher Tatnall sold 1,166 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $149.75, for a total transaction of $174,608.50. Following the completion of the transaction, the executive vice president directly owned 27,627 shares of the company’s stock, valued at $4,137,143.25. The trade was a 4.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Gerald M. Blumenstock sold 1,161 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $152.70, for a total transaction of $177,284.70. Following the transaction, the executive vice president directly owned 20,493 shares of the company’s stock, valued at $3,129,281.10. The trade was a 5.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 33,551 shares of company stock worth $5,171,641. 0.49% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

ACLS has been the subject of several recent analyst reports. Weiss Ratings lowered Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. Bank of America increased their price objective on shares of Axcelis Technologies from $130.00 to $156.00 and gave the company an “underperform” rating in a research report on Tuesday, June 23rd. B. Riley Financial upgraded shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price objective for the company in a research note on Monday, April 20th. Finally, Zacks Research raised shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a 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. According to MarketBeat, Axcelis Technologies presently has an average rating of “Hold” and a consensus target price of $130.25.

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.