Jorge Titinger Sells 2,000 Shares of Axcelis Technologies (NASDAQ:ACLS) Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) Director Jorge Titinger sold 2,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $164.14, for a total value of $328,280.00. Following the transaction, the director directly owned 4,477 shares of the company’s stock, valued at $734,854.78. This represents a 30.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Jorge Titinger also recently made the following trade(s):

• On Friday, February 20th, Jorge Titinger sold 1,000 shares of Axcelis Technologies stock. The stock was sold at an average price of $80.00, for a total value of $80,000.00.

Axcelis Technologies Stock Down 4.0%

ACLS stock opened at $155.18 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.59 and a quick ratio of 2.99. The stock has a market capitalization of $4.77 billion, a P/E ratio of 48.34, a P/E/G ratio of 12.87 and a beta of 1.93. The business has a 50-day moving average of $114.63 and a 200-day moving average of $95.94. Axcelis Technologies, Inc. has a fifty-two week low of $55.93 and a fifty-two week high of $171.61.

Axcelis Technologies (NASDAQ:ACLS) last posted its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.01. The company had revenue of $198.96 million during the quarter, compared to analysts’ expectations of $195.03 million. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.Axcelis Technologies’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.88 earnings per share. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. On average, sell-side analysts anticipate that Axcelis Technologies, Inc. will post 2.86 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Close Asset Management Ltd acquired a new position in Axcelis Technologies during the third quarter valued at approximately $27,000. REAP Financial Group LLC acquired a new position in Axcelis Technologies during the fourth quarter valued at approximately $25,000. Advisory Services Network LLC acquired a new position in Axcelis Technologies during the third quarter valued at approximately $32,000. Caitlin John LLC acquired a new position in Axcelis Technologies during the third quarter valued at approximately $32,000. Finally, EverSource Wealth Advisors LLC boosted its position in Axcelis Technologies by 145.1% during 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. 89.98% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Weiss Ratings cut Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday. Zacks Research raised Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Finally, B. Riley Financial raised Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price target for the company in a research report on Monday, April 20th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $116.25.

About Axcelis Technologies

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.