Teacher Retirement System of Texas purchased a new stake in Axcelis Technologies (NASDAQ:ACLS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,671 shares of the semiconductor company’s stock, valued at approximately $306,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ACLS. Royal Bank of Canada raised its stake in shares of Axcelis Technologies by 391.3% in the 2nd quarter. Royal Bank of Canada now owns 4,913 shares of the semiconductor company’s stock valued at $103,000 after purchasing an additional 3,913 shares during the period. Advisor Group Inc. increased its position in shares of Axcelis Technologies by 143.7% in the third quarter. Advisor Group Inc. now owns 3,985 shares of the semiconductor company’s stock valued at $109,000 after acquiring an additional 2,350 shares during the last quarter. State of Alaska Department of Revenue acquired a new stake in shares of Axcelis Technologies in the fourth quarter valued at about $178,000. Jane Street Group LLC acquired a new stake in shares of Axcelis Technologies in the third quarter valued at about $201,000. Finally, Teachers Retirement System of The State of Kentucky acquired a new stake in shares of Axcelis Technologies in the third quarter valued at about $230,000. 89.30% of the stock is currently owned by hedge funds and other institutional investors.

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In related news, EVP Douglas A. Lawson sold 3,478 shares of Axcelis Technologies stock in a transaction dated Wednesday, March 14th. The stock was sold at an average price of $26.52, for a total transaction of $92,236.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Joseph P. Keithley sold 4,000 shares of Axcelis Technologies stock in a transaction dated Wednesday, March 14th. The stock was sold at an average price of $26.75, for a total value of $107,000.00. The disclosure for this sale can be found here. Company insiders own 5.66% of the company’s stock.

Shares of Axcelis Technologies (NASDAQ:ACLS) opened at $26.50 on Friday. The stock has a market capitalization of $898.00, a PE ratio of 19.01, a P/E/G ratio of 1.05 and a beta of 1.05. Axcelis Technologies has a 12-month low of $15.50 and a 12-month high of $37.05.

Axcelis Technologies (NASDAQ:ACLS) last released its earnings results on Tuesday, February 6th. The semiconductor company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.08. Axcelis Technologies had a return on equity of 18.64% and a net margin of 30.92%. The business had revenue of $116.40 million for the quarter, compared to the consensus estimate of $109.76 million. During the same quarter in the previous year, the business earned $0.13 earnings per share. Axcelis Technologies’s quarterly revenue was up 67.7% on a year-over-year basis. equities research analysts predict that Axcelis Technologies will post 1.34 earnings per share for the current fiscal year.

A number of analysts recently issued reports on the company. Needham & Company LLC lowered their target price on Axcelis Technologies from $36.00 to $33.00 and set a “buy” rating on the stock in a research report on Wednesday, February 7th. Stifel Nicolaus raised Axcelis Technologies from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a research report on Monday, January 22nd. Zacks Investment Research downgraded Axcelis Technologies from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. B. Riley reaffirmed a “buy” rating and issued a $39.00 target price on shares of Axcelis Technologies in a research report on Tuesday, December 5th. Finally, BidaskClub downgraded Axcelis Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $32.50.

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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 worldwide. The company offers a line of high energy, high current, and medium current implanters for various application requirements. It also provides dry strip equipment, curing systems, and thermal processing systems.

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Institutional Ownership by Quarter for Axcelis Technologies (NASDAQ:ACLS)

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