Axcelis Technologies, Inc. (NASDAQ:ACLS) VP Lynnette C. Fallon sold 56,250 shares of the business’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $32.92, for a total value of $1,851,750.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Axcelis Technologies, Inc. (NASDAQ:ACLS) traded down $0.10 during trading hours on Friday, hitting $33.80. The stock had a trading volume of 342,567 shares, compared to its average volume of 424,339. The firm has a market cap of $1,060.00, a PE ratio of 30.00, a P/E/G ratio of 1.21 and a beta of 1.10. Axcelis Technologies, Inc. has a twelve month low of $12.65 and a twelve month high of $36.20.

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Several large investors have recently added to or reduced their stakes in ACLS. Bank of New York Mellon Corp boosted its position in shares of Axcelis Technologies by 36.9% during the 1st quarter. Bank of New York Mellon Corp now owns 163,130 shares of the semiconductor company’s stock worth $3,067,000 after acquiring an additional 43,934 shares in the last quarter. American International Group Inc. boosted its position in shares of Axcelis Technologies by 7.1% during the 1st quarter. American International Group Inc. now owns 17,943 shares of the semiconductor company’s stock worth $337,000 after acquiring an additional 1,184 shares in the last quarter. Teachers Advisors LLC boosted its position in shares of Axcelis Technologies by 3.4% during the 1st quarter. Teachers Advisors LLC now owns 48,234 shares of the semiconductor company’s stock worth $907,000 after acquiring an additional 1,568 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Axcelis Technologies by 5.2% during the 1st quarter. Vanguard Group Inc. now owns 1,225,693 shares of the semiconductor company’s stock worth $23,043,000 after acquiring an additional 61,085 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Axcelis Technologies by 11.9% during the 1st quarter. Geode Capital Management LLC now owns 231,298 shares of the semiconductor company’s stock worth $4,348,000 after acquiring an additional 24,530 shares in the last quarter. 75.50% of the stock is owned by institutional investors and hedge funds.

Several research analysts recently commented on the company. B. Riley reissued a “buy” rating and set a $30.00 target price on shares of Axcelis Technologies in a research note on Friday, August 4th. Zacks Investment Research raised Axcelis Technologies from a “hold” rating to a “buy” rating and set a $36.00 target price for the company in a research note on Thursday, November 2nd. Stifel Nicolaus boosted their target price on Axcelis Technologies from $20.00 to $31.00 and gave the stock a “hold” rating in a research note on Wednesday, November 1st. BidaskClub cut Axcelis Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Finally, ValuEngine cut Axcelis Technologies from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. 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 stock. Axcelis Technologies currently has a consensus rating of “Hold” and an average price target of $31.33.

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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