Oliver Luxxe Assets LLC Makes New Investment in Axcelis Technologies, Inc. $ACLS

Oliver Luxxe Assets LLC bought a new stake in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) during the 4th quarter, Holdings Channel.com reports. The fund bought 18,063 shares of the semiconductor company’s stock, valued at approximately $1,451,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC raised its position in shares of Axcelis Technologies by 29.7% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 585 shares of the semiconductor company’s stock worth $57,000 after acquiring an additional 134 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Axcelis Technologies by 18.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 957 shares of the semiconductor company’s stock worth $93,000 after purchasing an additional 150 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its position in Axcelis Technologies by 2.3% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 9,243 shares of the semiconductor company’s stock valued at $902,000 after purchasing an additional 207 shares in the last quarter. Salomon & Ludwin LLC bought a new stake in Axcelis Technologies during the third quarter valued at about $25,000. Finally, Close Asset Management Ltd purchased a new position in Axcelis Technologies in the third quarter valued at about $27,000. 89.98% of the stock is currently owned by hedge funds and other institutional investors.

Axcelis Technologies Price Performance

NASDAQ:ACLS opened at $84.43 on Friday. The firm’s fifty day moving average is $87.69 and its two-hundred day moving average is $86.26. The firm has a market cap of $2.59 billion, a price-to-earnings ratio of 22.28, a PEG ratio of 10.09 and a beta of 1.78. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.11 and a current ratio of 4.77. Axcelis Technologies, Inc. has a one year low of $40.40 and a one year high of $102.93.

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

Insider Buying and Selling

In related news, Director Jorge Titinger sold 1,000 shares of Axcelis Technologies stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $80.00, for a total transaction of $80,000.00. Following the completion of the transaction, the director directly owned 6,477 shares in the company, valued at approximately $518,160. This trade represents a 13.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.48% of the stock is currently owned by company insiders.

Analyst Ratings Changes

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

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.