Emerald Advisers LLC Makes New $8.96 Million Investment in Axcelis Technologies, Inc. $ACLS

Emerald Advisers LLC acquired a new position in Axcelis Technologies, Inc. (NASDAQ:ACLS) during the first quarter, Holdings Channel.com reports. The firm acquired 96,238 shares of the semiconductor company’s stock, valued at approximately $8,958,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ACLS. Larson Financial Group LLC increased its position in shares of Axcelis Technologies by 17.8% during the fourth quarter. Larson Financial Group LLC now owns 933 shares of the semiconductor company’s stock worth $75,000 after acquiring an additional 141 shares during the last quarter. CWM LLC grew its stake in Axcelis Technologies by 5.8% during the 4th quarter. CWM LLC now owns 2,623 shares of the semiconductor company’s stock valued at $211,000 after purchasing an additional 143 shares in the last quarter. Vise Technologies Inc. grew its stake in Axcelis Technologies by 7.5% during the 4th quarter. Vise Technologies Inc. now owns 2,937 shares of the semiconductor company’s stock valued at $236,000 after purchasing an additional 204 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in Axcelis Technologies by 21.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,163 shares of the semiconductor company’s stock worth $95,000 after purchasing an additional 206 shares during the last quarter. Finally, Allworth Financial LP increased its holdings in Axcelis Technologies by 39.1% during the 4th quarter. Allworth Financial LP now owns 762 shares of the semiconductor company’s stock worth $61,000 after purchasing an additional 214 shares during the last quarter. 89.98% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. B. Riley Financial upgraded Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price for the company in a research note on Monday, April 20th. Zacks Research upgraded shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Bank of America upped their price target on shares of Axcelis Technologies from $130.00 to $156.00 and gave the company an “underperform” rating in a report on Tuesday, June 23rd. Finally, Weiss Ratings cut shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 12th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $130.25.

Insider Buying and Selling

In related news, VP Todd Sutton sold 2,574 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $163.89, for a total transaction of $421,852.86. Following the sale, the vice president directly owned 7,817 shares of the company’s stock, valued at approximately $1,281,128.13. This represents a 24.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Greg Redinbo sold 2,883 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $160.85, for a total value of $463,730.55. Following the transaction, the executive vice president owned 29,823 shares in the company, valued at $4,797,029.55. This trade represents a 8.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 34,795 shares of company stock worth $5,344,383. 0.49% of the stock is currently owned by insiders.

Axcelis Technologies Stock Up 4.2%

NASDAQ:ACLS opened at $142.24 on Wednesday. The company has a market capitalization of $4.37 billion, a price-to-earnings ratio of 44.31, a price-to-earnings-growth ratio of 9.67 and a beta of 1.88. Axcelis Technologies, Inc. has a one year low of $65.64 and a one year high of $193.78. The stock has a 50-day simple moving average of $160.83 and a 200 day simple moving average of $118.83. 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 (NASDAQ:ACLS) last announced its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.01. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The firm had revenue of $198.96 million during the quarter, compared to analyst estimates of $195.03 million. During the same period in the previous year, the company earned $0.88 earnings per share. Axcelis Technologies’s quarterly revenue was up 3.3% on a year-over-year basis. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Sell-side analysts predict that Axcelis Technologies, Inc. will post 3.21 EPS for the current fiscal year.

Axcelis Technologies 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.