Fox Run Management L.L.C. Sells 17,925 Shares of Axcelis Technologies, Inc. $ACLS

Fox Run Management L.L.C. lowered its stake in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 65.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,618 shares of the semiconductor company’s stock after selling 17,925 shares during the quarter. Fox Run Management L.L.C.’s holdings in Axcelis Technologies were worth $939,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in ACLS. Salomon & Ludwin LLC acquired a new position in Axcelis Technologies during the 3rd quarter worth approximately $25,000. EverSource Wealth Advisors LLC grew its stake in shares of Axcelis Technologies by 145.1% during 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 last quarter. Strs Ohio bought a new stake in shares of Axcelis Technologies during the third quarter worth $49,000. Hantz Financial Services Inc. increased its holdings in shares of Axcelis Technologies by 263.0% during the third quarter. Hantz Financial Services Inc. now owns 755 shares of the semiconductor company’s stock worth $74,000 after buying an additional 547 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted its stake in shares of Axcelis Technologies by 48.5% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,105 shares of the semiconductor company’s stock valued at $77,000 after acquiring an additional 361 shares during the last quarter. 89.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on ACLS shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Axcelis Technologies in a report on Monday, December 22nd. B. Riley Financial reduced their price target on Axcelis Technologies from $94.00 to $91.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Zacks Research downgraded Axcelis Technologies from a “hold” rating to a “strong sell” rating in a research note on Friday, February 20th. Bank of America raised their price objective on shares of Axcelis Technologies from $90.00 to $100.00 and gave the company an “underperform” rating in a report on Tuesday, January 13th. Finally, Wall Street Zen lowered shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 3rd. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $101.50.

Axcelis Technologies Price Performance

Axcelis Technologies stock opened at $83.58 on Friday. The stock’s 50 day moving average is $87.80 and its 200 day moving average is $85.75. Axcelis Technologies, Inc. has a one year low of $40.40 and a one year high of $102.93. The firm has a market cap of $2.57 billion, a P/E ratio of 22.05, a P/E/G ratio of 9.57 and a beta of 1.77. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.77 and a quick ratio of 3.11.

Axcelis Technologies (NASDAQ:ACLS) last released its quarterly earnings results on Tuesday, February 17th. The semiconductor company reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.37. The firm had revenue of $238.33 million during the quarter, compared to analyst estimates of $215.04 million. Axcelis Technologies had a net margin of 14.33% and a return on equity of 13.73%. The company’s revenue was down 5.6% compared to the same quarter last year. During the same quarter last year, the business earned $1.54 EPS. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. As a group, research analysts expect that Axcelis Technologies, Inc. will post 2.55 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Gerald M. Blumenstock sold 3,034 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $89.46, for a total value of $271,421.64. Following the transaction, the executive vice president owned 18,661 shares in the company, valued at $1,669,413.06. The trade was a 13.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jorge Titinger sold 2,000 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $86.05, for a total transaction of $172,100.00. Following the sale, the director directly owned 7,477 shares in the company, valued at $643,395.85. This trade represents a 21.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 6,034 shares of company stock valued at $523,522 in the last three months. 0.48% of the stock is owned by insiders.

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.