CENTRAL TRUST Co Buys 1,237 Shares of Axcelis Technologies, Inc. $ACLS

CENTRAL TRUST Co raised its stake in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 1,094.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,350 shares of the semiconductor company’s stock after purchasing an additional 1,237 shares during the quarter. CENTRAL TRUST Co’s holdings in Axcelis Technologies were worth $94,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew its position in Axcelis Technologies by 1.0% during the first quarter. Vanguard Group Inc. now owns 4,439,902 shares of the semiconductor company’s stock worth $220,530,000 after buying an additional 43,768 shares in the last quarter. Reinhart Partners LLC. grew its holdings in shares of Axcelis Technologies by 5.4% during the 2nd quarter. Reinhart Partners LLC. now owns 1,518,544 shares of the semiconductor company’s stock worth $105,828,000 after purchasing an additional 77,522 shares in the last quarter. American Century Companies Inc. increased its position in shares of Axcelis Technologies by 7.6% during the first quarter. American Century Companies Inc. now owns 1,140,495 shares of the semiconductor company’s stock valued at $56,648,000 after purchasing an additional 80,399 shares during the period. Boston Trust Walden Corp raised its stake in shares of Axcelis Technologies by 2.4% in the second quarter. Boston Trust Walden Corp now owns 845,911 shares of the semiconductor company’s stock valued at $58,952,000 after purchasing an additional 19,579 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in Axcelis Technologies by 7.5% in the first quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company’s stock worth $31,560,000 after purchasing an additional 44,275 shares during the period. Institutional investors and hedge funds own 89.98% of the company’s stock.

Axcelis Technologies Price Performance

Shares of Axcelis Technologies stock opened at $81.54 on Friday. The stock has a market capitalization of $2.53 billion, a price-to-earnings ratio of 16.67 and a beta of 1.75. The firm’s 50-day moving average price is $86.78 and its two-hundred day moving average price is $75.39. The company has a current ratio of 6.01, a quick ratio of 4.26 and a debt-to-equity ratio of 0.04. Axcelis Technologies, Inc. has a 1-year low of $40.40 and a 1-year high of $102.93.

Axcelis Technologies (NASDAQ:ACLS) last announced its earnings results on Monday, April 21st. The semiconductor company reported $1.71 EPS for the quarter. The business had revenue of $252.42 million for the quarter. Axcelis Technologies had a return on equity of 16.26% and a net margin of 17.69%. On average, equities analysts predict that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. DA Davidson raised their price objective on shares of Axcelis Technologies from $90.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. B. Riley dropped their price target on shares of Axcelis Technologies from $85.00 to $84.00 and set a “neutral” rating for the company in a research report on Wednesday, November 5th. Zacks Research raised Axcelis Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Axcelis Technologies in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded Axcelis Technologies from a “hold” rating to a “buy” rating in a research report on Sunday, November 2nd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $98.80.

Axcelis Technologies Company Profile

Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia Pacific. The company offers high energy, high current, and medium current implanters for various application requirements.