Globeflex Capital L P Acquires New Holdings in Axcelis Technologies, Inc. $ACLS

Globeflex Capital L P bought a new position in Axcelis Technologies, Inc. (NASDAQ:ACLS) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 39,162 shares of the semiconductor company’s stock, valued at approximately $7,419,000. Axcelis Technologies comprises approximately 0.9% of Globeflex Capital L P’s investment portfolio, making the stock its 22nd biggest position. Globeflex Capital L P owned approximately 0.13% of Axcelis Technologies at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Victory Capital Management Inc. grew its holdings in Axcelis Technologies by 85.9% during the fourth quarter. Victory Capital Management Inc. now owns 1,807,404 shares of the semiconductor company’s stock valued at $145,207,000 after purchasing an additional 835,242 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Axcelis Technologies by 0.4% in the first quarter. Dimensional Fund Advisors LP now owns 844,097 shares of the semiconductor company’s stock worth $78,565,000 after buying an additional 3,057 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of 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 buying an additional 44,275 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings 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 worth $45,772,000 after buying an additional 477,705 shares during the period. Finally, Invesco Ltd. boosted its holdings in shares of Axcelis Technologies by 23.8% during the 4th quarter. Invesco Ltd. now owns 478,897 shares of the semiconductor company’s stock worth $38,475,000 after buying an additional 92,162 shares during the period. Institutional investors own 89.98% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Axcelis Technologies in a report on Friday, August 7th. Craig Hallum cut shares of Axcelis Technologies from a “buy” rating to a “hold” rating and set a $140.00 price target for the company. in a report on Friday, August 7th. Finally, Bank of America raised their price target on Axcelis Technologies from $130.00 to $156.00 and gave the company an “underperform” rating in a research report on Tuesday, June 23rd. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $132.20.

Axcelis Technologies Price Performance

Shares of ACLS opened at $127.07 on Monday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.21 and a current ratio of 4.90. The company has a 50-day simple moving average of $147.33 and a 200-day simple moving average of $127.66. Axcelis Technologies, Inc. has a 52 week low of $73.60 and a 52 week high of $193.78. The firm has a market capitalization of $3.92 billion, a P/E ratio of 42.64, a P/E/G ratio of 3.88 and a beta of 1.92.

Axcelis Technologies (NASDAQ:ACLS) last released its earnings results on Thursday, August 6th. The semiconductor company reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.17. Axcelis Technologies had a return on equity of 11.69% and a net margin of 10.71%.The business had revenue of $215.18 million for the quarter, compared to the consensus estimate of $205.03 million. During the same period last year, the business earned $1.13 earnings per share. The firm’s revenue for the quarter was up 10.6% compared to the same quarter last year. Axcelis Technologies has set its Q3 2026 guidance at 1.110-1.110 EPS. On average, equities research analysts expect that Axcelis Technologies, Inc. will post 3.39 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Necip Sayiner sold 1,586 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $157.44, for a total transaction of $249,699.84. Following the sale, the director directly owned 7,112 shares in the company, valued at approximately $1,119,713.28. The trade was a 18.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Todd Sutton sold 2,000 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $159.99, for a total value of $319,980.00. Following the completion of the transaction, the vice president owned 6,360 shares of the company’s stock, valued at $1,017,536.40. The trade was a 23.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.49% of the stock is currently owned by company insiders.

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.