Axcelis Technologies (NASDAQ:ACLS) Director Sells $485,765.00 in Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) Director John Kurtzweil sold 3,500 shares of Axcelis Technologies stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $138.79, for a total value of $485,765.00. Following the completion of the sale, the director directly owned 32,990 shares in the company, valued at approximately $4,578,682.10. This represents a 9.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Axcelis Technologies Stock Up 4.4%

Shares of NASDAQ:ACLS traded up $6.33 during midday trading on Wednesday, reaching $149.56. The company had a trading volume of 386,214 shares, compared to its average volume of 781,032. The company has a quick ratio of 2.99, a current ratio of 4.59 and a debt-to-equity ratio of 0.04. The business’s 50 day moving average price is $117.06 and its 200 day moving average price is $96.90. The stock has a market cap of $4.60 billion, a PE ratio of 46.59, a P/E/G ratio of 11.64 and a beta of 1.93. Axcelis Technologies, Inc. has a 1-year low of $55.93 and a 1-year high of $171.61.

Axcelis Technologies (NASDAQ:ACLS) last released 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 the consensus estimate of $195.03 million. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.Axcelis Technologies’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.88 earnings per share. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Research analysts forecast that Axcelis Technologies, Inc. will post 2.86 EPS for the current fiscal year.

Institutional Trading of Axcelis Technologies

Institutional investors and hedge funds have recently bought and sold shares of the business. Close Asset Management Ltd bought a new stake in Axcelis Technologies in the third quarter valued at approximately $27,000. REAP Financial Group LLC acquired a new position in shares of Axcelis Technologies in the fourth quarter valued at approximately $25,000. Advisory Services Network LLC acquired a new position in shares of Axcelis Technologies in the third quarter valued at approximately $32,000. Caitlin John LLC acquired a new position in shares of Axcelis Technologies in the third quarter valued at approximately $32,000. Finally, EverSource Wealth Advisors LLC grew its position 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 valued at $31,000 after purchasing an additional 267 shares during the last quarter. Institutional investors own 89.98% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on ACLS. Zacks Research upgraded Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Weiss Ratings lowered Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 12th. Finally, B. Riley Financial upgraded Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price objective on the stock in a research note on Monday, April 20th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target 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.