Axcelis Technologies, Inc. (NASDAQ:ACLS – Get Free Report) Director Jorge Titinger sold 2,000 shares of Axcelis Technologies stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $164.14, for a total transaction of $328,280.00. Following the completion of the sale, the director owned 4,477 shares in the company, valued at $734,854.78. The trade was a 30.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Jorge Titinger also recently made the following trade(s):
- On Friday, February 20th, Jorge Titinger sold 1,000 shares of Axcelis Technologies stock. The shares were sold at an average price of $80.00, for a total transaction of $80,000.00.
Axcelis Technologies Stock Down 0.3%
ACLS stock traded down $0.51 during midday trading on Thursday, hitting $161.64. The company’s stock had a trading volume of 393,328 shares, compared to its average volume of 791,161. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.59 and a quick ratio of 2.99. Axcelis Technologies, Inc. has a twelve month low of $55.93 and a twelve month high of $171.61. The company’s fifty day moving average price is $111.75 and its 200 day moving average price is $94.97. The stock has a market capitalization of $4.97 billion, a P/E ratio of 50.36, a PEG ratio of 12.87 and a beta of 1.93.
Analyst Upgrades and Downgrades
ACLS has been the topic of several recent research reports. Weiss Ratings lowered shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday. B. Riley Financial upgraded shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price objective on the stock in a research note on Monday, April 20th. Finally, Zacks Research upgraded shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $116.25.
Get Our Latest Stock Report on ACLS
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. Royal Bank of Canada boosted its holdings in shares of Axcelis Technologies by 3.8% during the 1st quarter. Royal Bank of Canada now owns 117,566 shares of the semiconductor company’s stock worth $5,838,000 after buying an additional 4,324 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Axcelis Technologies by 4.9% during the 1st quarter. AQR Capital Management LLC now owns 35,717 shares of the semiconductor company’s stock worth $1,774,000 after buying an additional 1,678 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Axcelis Technologies by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,396 shares of the semiconductor company’s stock worth $963,000 after buying an additional 849 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Axcelis Technologies by 7.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company’s stock worth $31,560,000 after buying an additional 44,275 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Axcelis Technologies by 1.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 78,756 shares of the semiconductor company’s stock worth $3,912,000 after buying an additional 836 shares during the period. 89.98% of the stock is currently owned by institutional investors and hedge funds.
Axcelis Technologies Company Profile
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.
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