Kennedy Capital Management LLC Increases Stake in Axcelis Technologies, Inc. $ACLS

Kennedy Capital Management LLC grew its stake in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 37.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 183,100 shares of the semiconductor company’s stock after buying an additional 49,894 shares during the period. Kennedy Capital Management LLC’s holdings in Axcelis Technologies were worth $17,878,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of ACLS. Salomon & Ludwin LLC acquired a new stake in Axcelis Technologies during the 3rd quarter valued at approximately $25,000. Close Asset Management Ltd purchased a new stake in shares of Axcelis Technologies during the 3rd quarter worth about $27,000. 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 worth $31,000 after purchasing an additional 267 shares in the last quarter. Caitlin John LLC purchased a new position in shares of Axcelis Technologies during the 3rd quarter valued at approximately $32,000. Finally, Strs Ohio purchased a new position in Axcelis Technologies in the 3rd quarter valued at about $49,000. Institutional investors and hedge funds own 89.98% of the company’s stock.

Insider Buying and Selling

In related news, Director Jorge Titinger sold 1,000 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $80.00, for a total value of $80,000.00. Following the completion of the sale, the director owned 6,477 shares in the company, valued at $518,160. This represents a 13.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.48% of the stock is currently owned by company insiders.

Axcelis Technologies Stock Down 0.1%

Shares of ACLS traded down $0.11 during mid-day trading on Friday, reaching $85.07. The company’s stock had a trading volume of 110,174 shares, compared to its average volume of 808,727. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.77 and a quick ratio of 3.11. Axcelis Technologies, Inc. has a 12-month low of $40.40 and a 12-month high of $102.93. The company’s 50 day moving average is $88.38 and its 200 day moving average is $86.04. The stock has a market cap of $2.61 billion, a PE ratio of 22.42, a price-to-earnings-growth ratio of 10.31 and a beta of 1.78.

Axcelis Technologies (NASDAQ:ACLS) last issued its quarterly earnings data on Tuesday, February 17th. The semiconductor company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.37. Axcelis Technologies had a net margin of 14.33% and a return on equity of 13.73%. The business had revenue of $238.33 million during the quarter, compared to the consensus estimate of $215.04 million. During the same quarter in the previous year, the firm earned $1.54 EPS. The company’s revenue was down 5.6% compared to the same quarter last year. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. Equities analysts anticipate that Axcelis Technologies, Inc. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ACLS shares. Bank of America lifted their target price on shares of Axcelis Technologies from $90.00 to $100.00 and gave the stock an “underperform” rating in a research note on Tuesday, January 13th. Zacks Research lowered Axcelis Technologies from a “hold” rating to a “strong sell” rating in a research report on Friday, February 20th. B. Riley Financial dropped their price target on shares of Axcelis Technologies from $94.00 to $91.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. Wall Street Zen cut Axcelis Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 3rd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Axcelis Technologies in a report on Monday, December 22nd. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $101.50.

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.