Eileen Evans Sells 926 Shares of Axcelis Technologies (NASDAQ:ACLS) Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) EVP Eileen Evans sold 926 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $155.51, for a total transaction of $144,002.26. Following the completion of the sale, the executive vice president owned 31,295 shares in the company, valued at approximately $4,866,685.45. This trade represents a 2.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Axcelis Technologies Stock Performance

Shares of Axcelis Technologies stock opened at $156.94 on Friday. The firm has a market cap of $4.82 billion, a PE ratio of 48.89, a price-to-earnings-growth ratio of 12.49 and a beta of 1.93. The firm’s 50-day simple moving average is $121.12 and its 200-day simple moving average is $98.30. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.99 and a current ratio of 4.59. Axcelis Technologies, Inc. has a 1 year low of $55.93 and a 1 year high of $171.61.

Axcelis Technologies (NASDAQ:ACLS) last issued its earnings results 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. The business had revenue of $198.96 million for the quarter, compared to analyst estimates of $195.03 million. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.88 EPS. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Equities analysts forecast that Axcelis Technologies, Inc. will post 2.86 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Axcelis Technologies

A number of institutional investors have recently modified their holdings of ACLS. Victory Capital Management Inc. grew its position in shares of 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 during the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Axcelis Technologies by 3,402.5% during the 1st quarter. The Manufacturers Life Insurance Company now owns 491,745 shares of the semiconductor company’s stock valued at $45,772,000 after buying an additional 477,705 shares during the last quarter. LSV Asset Management bought a new stake in shares of Axcelis Technologies during the 3rd quarter valued at about $30,747,000. Invesco Ltd. grew its position in Axcelis Technologies by 176.6% in the 3rd quarter. Invesco Ltd. now owns 386,735 shares of the semiconductor company’s stock worth $37,761,000 after purchasing an additional 246,939 shares during the last quarter. Finally, Balyasny Asset Management L.P. grew its position in Axcelis Technologies by 10,368.7% in the 4th quarter. Balyasny Asset Management L.P. now owns 243,503 shares of the semiconductor company’s stock worth $19,563,000 after purchasing an additional 241,177 shares during the last quarter. Institutional investors own 89.98% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ACLS. B. Riley Financial upgraded shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price on the stock in a research note on Monday, April 20th. Weiss Ratings downgraded shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. Finally, Zacks Research raised shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $116.25.

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.