Oregon Public Employees Retirement Fund boosted its position in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 4.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,793 shares of the semiconductor company’s stock after purchasing an additional 551 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Axcelis Technologies were worth $567,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of ACLS. Senvest Management LLC boosted its stake in Axcelis Technologies by 40.0% in the fourth quarter. Senvest Management LLC now owns 2,276,502 shares of the semiconductor company’s stock worth $66,292,000 after buying an additional 650,647 shares in the last quarter. BlackRock Inc. boosted its stake in Axcelis Technologies by 5.3% during the fourth quarter. BlackRock Inc. now owns 5,118,353 shares of the semiconductor company’s stock worth $149,046,000 after acquiring an additional 259,580 shares in the last quarter. Federated Hermes Inc. grew its stake in shares of Axcelis Technologies by 187.9% in the 4th quarter. Federated Hermes Inc. now owns 276,320 shares of the semiconductor company’s stock worth $8,047,000 after buying an additional 180,331 shares during the last quarter. Kennedy Capital Management Inc. grew its position in Axcelis Technologies by 98.9% during the 4th quarter. Kennedy Capital Management Inc. now owns 220,240 shares of the semiconductor company’s stock valued at $6,413,000 after purchasing an additional 109,514 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Axcelis Technologies during the fourth quarter valued at approximately $3,085,000. 83.38% of the stock is owned by institutional investors.

In other news, CEO Mary G. Puma sold 75,000 shares of the firm’s stock in a transaction dated Thursday, March 11th. The stock was sold at an average price of $39.39, for a total transaction of $2,954,250.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director R John Fletcher sold 6,881 shares of the business’s stock in a transaction that occurred on Wednesday, February 17th. The stock was sold at an average price of $39.00, for a total transaction of $268,359.00. Following the sale, the director now owns 1,354 shares of the company’s stock, valued at approximately $52,806. The disclosure for this sale can be found here. Insiders sold a total of 134,785 shares of company stock worth $5,285,514 over the last 90 days. Company insiders own 2.93% of the company’s stock.

ACLS stock opened at $42.03 on Tuesday. Axcelis Technologies, Inc. has a one year low of $20.40 and a one year high of $50.21. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.98 and a current ratio of 6.28. The firm has a market cap of $1.42 billion, a PE ratio of 31.60 and a beta of 1.42. The firm’s 50 day moving average price is $42.39 and its 200-day moving average price is $34.06.

Axcelis Technologies (NASDAQ:ACLS) last released its earnings results on Tuesday, February 9th. The semiconductor company reported $0.32 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.32. The company had revenue of $122.20 million for the quarter, compared to analyst estimates of $105.74 million. Axcelis Technologies had a net margin of 9.79% and a return on equity of 10.28%. The firm’s quarterly revenue was up 13.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.29 EPS. Equities research analysts predict that Axcelis Technologies, Inc. will post 1.32 EPS for the current fiscal year.

A number of research firms have issued reports on ACLS. B. Riley boosted their price target on Axcelis Technologies from $58.00 to $62.00 and gave the company a “buy” rating in a research note on Monday, April 5th. Benchmark lifted their price objective on shares of Axcelis Technologies from $33.00 to $38.00 in a research note on Wednesday, January 13th. Craig Hallum raised their price target on Axcelis Technologies from $32.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday, January 13th. Needham & Company LLC lifted their target price on Axcelis Technologies from $44.00 to $47.00 and gave the stock a “buy” rating in a research report on Tuesday, April 27th. Finally, Zacks Investment Research downgraded Axcelis Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, April 14th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $42.57.

About Axcelis Technologies

Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia. The company offers high energy, high current, and medium current implanters for various application requirements.

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

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