Axcelis Technologies (NASDAQ:ACLS) Shares Cross Above 200-Day Moving Average – Should You Sell?

Axcelis Technologies, Inc. (NASDAQ:ACLS) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $86.88 and traded as high as $93.81. Axcelis Technologies shares last traded at $93.08, with a volume of 592,127 shares trading hands.

Analyst Ratings Changes

ACLS has been the subject of a number of analyst reports. Wall Street Zen lowered Axcelis Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 3rd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Axcelis Technologies in a research report on Monday, December 22nd. B. Riley Financial decreased their target price on Axcelis Technologies from $94.00 to $91.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 18th. Zacks Research downgraded Axcelis Technologies from a “hold” rating to a “strong sell” rating in a research note on Friday, February 20th. Finally, Bank of America increased their price objective on shares of Axcelis Technologies from $90.00 to $100.00 and gave the company an “underperform” rating in a report on Tuesday, January 13th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Axcelis Technologies currently has an average rating of “Hold” and a consensus target price of $101.50.

Axcelis Technologies Trading Down 0.4%

The company has a debt-to-equity ratio of 0.04, a current ratio of 4.77 and a quick ratio of 3.11. The stock has a 50-day moving average price of $87.80 and a two-hundred day moving average price of $86.94. The stock has a market cap of $2.92 billion, a PE ratio of 25.09, a price-to-earnings-growth ratio of 11.13 and a beta of 1.65.

Axcelis Technologies (NASDAQ:ACLS) last announced its quarterly earnings results on Tuesday, February 17th. The semiconductor company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.37. Axcelis Technologies had a return on equity of 13.73% and a net margin of 14.33%.The company had revenue of $238.33 million during the quarter, compared to analyst estimates of $215.04 million. During the same period in the prior year, the company earned $1.54 earnings per share. The firm’s revenue was down 5.6% on a year-over-year basis. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. Sell-side analysts forecast that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling at Axcelis Technologies

In related news, CEO Russell Low sold 1,244 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $94.06, for a total value of $117,010.64. Following the sale, the chief executive officer owned 132,282 shares in the company, valued at approximately $12,442,444.92. The trade was a 0.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jorge Titinger sold 1,000 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $80.00, for a total transaction of $80,000.00. Following the sale, the director directly owned 6,477 shares in the company, valued at approximately $518,160. The trade was a 13.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.48% of the company’s stock.

Institutional Investors Weigh In On Axcelis Technologies

Several large investors have recently added to or reduced their stakes in ACLS. Salomon & Ludwin LLC bought a new stake in shares of Axcelis Technologies in the 3rd quarter valued at approximately $25,000. Close Asset Management Ltd bought a new position in shares of Axcelis Technologies during the 3rd quarter valued at approximately $27,000. REAP Financial Group LLC bought a new position in shares of Axcelis Technologies during the 4th quarter valued at approximately $25,000. Advisory Services Network LLC purchased a new stake in Axcelis Technologies during the 3rd quarter valued at $32,000. Finally, Caitlin John LLC bought a new stake in Axcelis Technologies in the third quarter worth $32,000. 89.98% of the stock is owned by institutional investors.

About Axcelis Technologies

Axcelis Technologies, Inc is a leading developer and manufacturer of ion implantation and cleaning equipment used in the fabrication of semiconductor chips. The company specializes in high-current, medium-current and high-energy ion implantation systems, which are critical for introducing precisely controlled dopants into silicon wafers. Axcelis also offers plasma-based cleaning and dry strip tools that support advanced process nodes in logic, memory and power device manufacturing.

The company’s product portfolio encompasses single-wafer and multi-wafer cluster tools designed to deliver high throughput, accuracy and uniformity for semiconductor process steps.