Media stories about Axcelis Technologies (NASDAQ:ACLS) have been trending somewhat positive on Sunday, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Axcelis Technologies earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news headlines about the semiconductor company an impact score of 46.5182065710005 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the news headlines that may have effected Accern Sentiment’s analysis:

Shares of Axcelis Technologies (NASDAQ:ACLS) traded up 4.37% during trading on Friday, hitting $20.30. 448,519 shares of the company’s stock were exchanged. Axcelis Technologies has a one year low of $11.05 and a one year high of $26.53. The firm has a 50-day moving average price of $21.98 and a 200-day moving average price of $19.50. The stock has a market cap of $633.83 million, a P/E ratio of 21.78 and a beta of 1.11.

Axcelis Technologies (NASDAQ:ACLS) last posted its quarterly earnings results on Thursday, August 3rd. The semiconductor company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.34 by $0.01. Axcelis Technologies had a net margin of 9.10% and a return on equity of 12.52%. The business had revenue of $102.80 million during the quarter, compared to the consensus estimate of $100.07 million. During the same quarter in the prior year, the firm posted $0.10 EPS. The company’s revenue for the quarter was up 59.4% compared to the same quarter last year. Equities research analysts expect that Axcelis Technologies will post $1.25 EPS for the current fiscal year.

A number of equities analysts have weighed in on ACLS shares. Zacks Investment Research raised shares of Axcelis Technologies from a “hold” rating to a “strong-buy” rating and set a $22.00 target price for the company in a research note on Wednesday, May 3rd. Wedbush raised their target price on shares of Axcelis Technologies from $23.00 to $27.00 in a research note on Friday, June 16th. Needham & Company LLC reaffirmed a “buy” rating and set a $23.00 target price (up previously from $20.00) on shares of Axcelis Technologies in a research note on Friday, May 5th. Benchmark Co. reaffirmed a “buy” rating and set a $24.00 target price (up previously from $21.00) on shares of Axcelis Technologies in a research note on Friday, May 5th. Finally, Stifel Nicolaus decreased their target price on shares of Axcelis Technologies from $19.00 to $16.00 and set a “hold” rating for the company in a research note on Monday, May 15th. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $24.67.

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In related news, EVP William J. Bintz sold 75,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 6th. The shares were sold at an average price of $23.39, for a total transaction of $1,754,250.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Lynnette C. Fallon sold 31,250 shares of the business’s stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $21.22, for a total transaction of $663,125.00. Following the transaction, the vice president now owns 49,562 shares of the company’s stock, valued at approximately $1,051,705.64. The disclosure for this sale can be found here. In the last 90 days, insiders sold 284,267 shares of company stock valued at $6,440,086. Company insiders own 5.66% of the company’s stock.

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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