Kennedy Capital Management LLC Acquires 22,637 Shares of Axcelis Technologies, Inc. $ACLS

Kennedy Capital Management LLC lifted its holdings in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 12.4% in the fourth quarter, Holdings Channel reports. The fund owned 205,737 shares of the semiconductor company’s stock after purchasing an additional 22,637 shares during the quarter. Kennedy Capital Management LLC’s holdings in Axcelis Technologies were worth $16,529,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. REAP Financial Group LLC bought a new stake in Axcelis Technologies in the fourth quarter worth about $25,000. Close Asset Management Ltd bought a new stake in Axcelis Technologies in the third quarter worth about $27,000. EverSource Wealth Advisors LLC lifted its stake in Axcelis Technologies by 145.1% in the second quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 267 shares during the last quarter. Caitlin John LLC bought a new stake in Axcelis Technologies in the third quarter worth about $32,000. Finally, Advisory Services Network LLC bought a new stake in Axcelis Technologies in the third quarter worth about $32,000. Institutional investors own 89.98% of the company’s stock.

Insider Activity at Axcelis Technologies

In related news, VP Todd Sutton sold 2,574 shares of Axcelis Technologies stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $163.89, for a total transaction of $421,852.86. Following the transaction, the vice president directly owned 7,817 shares of the company’s stock, valued at $1,281,128.13. This trade represents a 24.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Greg Redinbo sold 2,883 shares of Axcelis Technologies stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $160.85, for a total transaction of $463,730.55. Following the completion of the transaction, the executive vice president directly owned 29,823 shares in the company, valued at $4,797,029.55. This represents a 8.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 36,039 shares of company stock valued at $5,461,394 over the last quarter. 0.49% of the stock is owned by insiders.

Axcelis Technologies Stock Performance

Shares of ACLS stock opened at $180.12 on Friday. The firm has a market cap of $5.54 billion, a price-to-earnings ratio of 56.11, a PEG ratio of 12.75 and a beta of 1.91. The company’s 50 day moving average is $141.96 and its 200 day moving average is $106.47. The company has a quick ratio of 2.99, a current ratio of 4.59 and a debt-to-equity ratio of 0.04. Axcelis Technologies, Inc. has a 52-week low of $64.25 and a 52-week high of $183.62.

Axcelis Technologies (NASDAQ:ACLS) last issued its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.01. The company had revenue of $198.96 million for the quarter, compared to analyst estimates of $195.03 million. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. Axcelis Technologies’s revenue was up 3.3% compared to the same quarter last year. During the same period last year, the company posted $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 3.21 EPS for the current fiscal year.

Analyst Ratings Changes

ACLS has been the subject of several analyst reports. Zacks Research raised shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Weiss Ratings lowered shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. Finally, B. Riley Financial raised shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price on the stock in a research report on Monday, April 20th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price 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.