Reinhart Partners LLC. Has $175.94 Million Stock Position in Axcelis Technologies, Inc. $ACLS

Reinhart Partners LLC. trimmed its stake in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 44.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 928,660 shares of the semiconductor company’s stock after selling 729,085 shares during the period. Axcelis Technologies accounts for approximately 4.0% of Reinhart Partners LLC.’s holdings, making the stock its 3rd largest position. Reinhart Partners LLC. owned about 3.02% of Axcelis Technologies worth $175,938,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of ACLS. REAP Financial Group LLC bought a new stake in Axcelis Technologies during the fourth quarter valued at about $25,000. EverSource Wealth Advisors LLC raised its stake in shares of Axcelis Technologies by 145.1% in the second 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. Advisory Services Network LLC bought a new position in shares of Axcelis Technologies in the third quarter worth about $32,000. Leonteq Securities AG purchased a new position in shares of Axcelis Technologies during the 4th quarter valued at about $40,000. Finally, Clearstead Advisors LLC lifted its position in shares of Axcelis Technologies by 197.1% during the 4th quarter. Clearstead Advisors LLC now owns 719 shares of the semiconductor company’s stock valued at $58,000 after buying an additional 477 shares in the last quarter. 89.98% of the stock is owned by institutional investors.

Axcelis Technologies News Roundup

Here are the key news stories impacting Axcelis Technologies this week:

• Positive Sentiment: Q2 earnings and revenue beat estimates. Axcelis reported revenue of $215.2 million, up 10.6% year over year, while non-GAAP diluted EPS was $1.06 versus the $0.89 consensus estimate. Non-GAAP gross and operating margins were 42.7% and 14.7%, respectively. Axcelis Announces Financial Results for Second Quarter 2026
• Positive Sentiment: Q3 guidance exceeded analyst expectations. Management forecast EPS of approximately $1.11 and revenue of $230 million, above consensus estimates of $1.01 and $214.8 million. The company also raised its full-year 2026 outlook to mid-single-digit revenue growth, improving visibility for investors. Axcelis expects Q3 2026 EPS of about $1.11 as it lifts full-year 2026 outlook
• Neutral Sentiment: Investors are weighing the semiconductor capital-spending outlook. Recent analysis highlights Axcelis’s exposure to the ongoing chip-manufacturing buildout but questions whether the equipment-spending cycle can continue supporting growth. This remains an important longer-term factor for ACLS. Can Axcelis Technologies Keep Riding the Semiconductor Capital Spending Wave?
• Negative Sentiment: Craig Hallum downgraded ACLS from Buy to Hold and assigned a $140 price target, suggesting limited near-term upside at the time of the report. The downgrade may temper enthusiasm following the earnings beat, particularly given the stock’s elevated valuation and recent volatility. Finviz

Insider Buying and Selling at Axcelis Technologies

In other news, VP Todd Sutton sold 2,000 shares of Axcelis Technologies stock in a transaction that occurred 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 sale, the vice president owned 6,360 shares in the company, valued at $1,017,536.40. This trade represents a 23.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at 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 completion of the transaction, the director directly owned 7,112 shares in the company, valued at $1,119,713.28. This trade represents a 18.23% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 26,083 shares of company stock worth $4,001,032. Insiders own 0.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ACLS. B. Riley Financial raised shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price for the company in a report on Monday, April 20th. Zacks Research raised shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Weiss Ratings lowered shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. Craig Hallum lowered 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 report on Friday. Finally, Bank of America increased their price objective on shares of Axcelis Technologies from $130.00 to $156.00 and gave the stock an “underperform” rating in a research note on Tuesday, June 23rd. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $132.20.

Axcelis Technologies Stock Performance

NASDAQ ACLS opened at $140.27 on Friday. The company has a quick ratio of 2.99, a current ratio of 4.90 and a debt-to-equity ratio of 0.04. Axcelis Technologies, Inc. has a twelve month low of $73.60 and a twelve month high of $193.78. The business has a 50-day moving average price of $152.46 and a 200-day moving average price of $124.32. The firm has a market cap of $4.31 billion, a price-to-earnings ratio of 47.07, a price-to-earnings-growth ratio of 9.68 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 (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.17. Axcelis Technologies had a return on equity of 11.69% and a net margin of 10.71%.The company had revenue of $215.18 million for the quarter, compared to the consensus estimate of $205.03 million. During the same quarter last year, the company earned $1.13 EPS. The firm’s quarterly revenue was up 10.6% on a year-over-year basis. Axcelis Technologies has set its Q3 2026 guidance at 1.110-1.110 EPS. As a group, equities research analysts predict that Axcelis Technologies, Inc. will post 3.21 EPS for the current fiscal year.

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.