Vanguard Group Inc. boosted its position in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 4.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 1,282,745 shares of the semiconductor company’s stock after purchasing an additional 57,052 shares during the quarter. Vanguard Group Inc. owned about 4.26% of Axcelis Technologies worth $26,873,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Peregrine Capital Management LLC boosted its holdings in shares of Axcelis Technologies by 405.6% during the 2nd quarter. Peregrine Capital Management LLC now owns 572,856 shares of the semiconductor company’s stock valued at $12,001,000 after acquiring an additional 459,560 shares during the last quarter. Bank of Montreal Can boosted its holdings in shares of Axcelis Technologies by 106,193.5% during the 2nd quarter. Bank of Montreal Can now owns 329,510 shares of the semiconductor company’s stock valued at $6,902,000 after acquiring an additional 329,200 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Axcelis Technologies by 10.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,766,009 shares of the semiconductor company’s stock valued at $33,200,000 after acquiring an additional 163,016 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Axcelis Technologies by 247.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 161,665 shares of the semiconductor company’s stock valued at $3,386,000 after acquiring an additional 115,111 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of Axcelis Technologies during the 2nd quarter valued at about $1,843,000. 75.50% of the stock is currently owned by institutional investors.

Shares of Axcelis Technologies, Inc. (ACLS) opened at $33.80 on Friday. The stock has a market cap of $1,061.76, a P/E ratio of 29.91, a PEG ratio of 1.21 and a beta of 1.10. Axcelis Technologies, Inc. has a 1 year low of $12.65 and a 1 year high of $36.20.

Several equities analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of Axcelis Technologies from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a research note on Friday, September 15th. ValuEngine upgraded shares of Axcelis Technologies from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Benchmark Co. restated a “buy” rating and set a $28.00 target price (up previously from $24.00) on shares of Axcelis Technologies in a research note on Friday, September 8th. Craig Hallum cut shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. Finally, BidaskClub cut shares of Axcelis Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $31.33.

In other news, EVP John E. Aldeborgh sold 87,500 shares of Axcelis Technologies stock in a transaction that occurred on Wednesday, November 8th. The shares were sold at an average price of $33.22, for a total transaction of $2,906,750.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Douglas A. Lawson sold 14,454 shares of Axcelis Technologies stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $21.12, for a total transaction of $305,268.48. The disclosure for this sale can be found here. In the last quarter, insiders have sold 250,391 shares of company stock worth $7,106,014. Company insiders own 5.66% of the company’s stock.

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Axcelis Technologies Company Profile

Axcelis Technologies, Inc designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The Company also provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training.

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Institutional Ownership by Quarter for Axcelis Technologies (NASDAQ:ACLS)

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