News stories about Axcelis Technologies (NASDAQ:ACLS) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Axcelis Technologies earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave press coverage about the semiconductor company an impact score of 47.1496632154959 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:

Axcelis Technologies (NASDAQ:ACLS) traded up $0.70 during trading hours on Friday, hitting $26.00. 856,515 shares of the stock were exchanged, compared to its average volume of 418,403. The stock has a market cap of $816.74, a P/E ratio of 21.85, a PEG ratio of 0.72 and a beta of 1.10. Axcelis Technologies has a 12-month low of $14.60 and a 12-month high of $37.05.

Axcelis Technologies (NASDAQ:ACLS) last released its earnings results on Thursday, November 2nd. The semiconductor company reported $0.38 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.10. Axcelis Technologies had a net margin of 10.80% and a return on equity of 16.37%. analysts predict that Axcelis Technologies will post 1.44 earnings per share for the current fiscal year.

ACLS has been the subject of several research reports. Benchmark restated a “buy” rating and issued a $33.00 price objective (down from $36.00) on shares of Axcelis Technologies in a report on Thursday. Stifel Nicolaus upped their price objective on shares of Axcelis Technologies from $20.00 to $31.00 and gave the stock a “hold” rating in a report on Wednesday, November 1st. B. Riley upped their price objective on shares of Axcelis Technologies from $30.00 to $39.00 and gave the stock a “buy” rating in a report on Friday, November 3rd. ValuEngine upgraded shares of Axcelis Technologies from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, BidaskClub lowered shares of Axcelis Technologies from a “hold” rating to a “sell” rating in a report on Saturday. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $32.17.

In other news, CFO Kevin J. Brewer sold 44,640 shares of the company’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $33.93, for a total value of $1,514,635.20. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP John E. Aldeborgh sold 87,500 shares of the company’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $33.22, for a total transaction of $2,906,750.00. The disclosure for this sale can be found here. Insiders sold a total of 190,190 shares of company stock worth $6,334,389 over the last ninety days. Insiders own 5.66% of the company’s stock.

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About Axcelis Technologies

Axcelis Technologies, Inc designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The Company also provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training.

Insider Buying and Selling by Quarter for Axcelis Technologies (NASDAQ:ACLS)

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