Axcelis Technologies (NASDAQ:ACLS) EVP Sells $177,284.70 in Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) EVP Gerald Blumenstock sold 1,161 shares of Axcelis Technologies stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $152.70, for a total value of $177,284.70. Following the sale, the executive vice president owned 20,493 shares in the company, valued at $3,129,281.10. This trade represents a 5.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Axcelis Technologies Stock Performance

ACLS stock traded up $4.43 during trading on Friday, hitting $156.94. The company had a trading volume of 476,936 shares, compared to its average volume of 773,529. The firm has a market cap of $4.82 billion, a PE ratio of 48.89, a price-to-earnings-growth ratio of 11.91 and a beta of 1.93. Axcelis Technologies, Inc. has a 1-year low of $55.93 and a 1-year high of $171.61. The firm has a 50-day moving average price of $119.70 and a 200-day moving average price of $97.89. The company has a quick ratio of 2.99, a current ratio of 4.59 and a debt-to-equity ratio of 0.04.

Axcelis Technologies (NASDAQ:ACLS) last issued its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.01. The firm had revenue of $198.96 million for the quarter, compared to analysts’ expectations of $195.03 million. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.88 EPS. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. On average, analysts expect that Axcelis Technologies, Inc. will post 2.86 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages recently issued reports on ACLS. Weiss Ratings cut Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. B. Riley Financial upgraded Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price target on the stock in a research report on Monday, April 20th. Finally, Zacks Research raised Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $116.25.

Institutional Investors Weigh In On Axcelis Technologies

A number of institutional investors have recently added to or reduced their stakes in ACLS. Segall Bryant & Hamill LLC boosted its stake in shares of Axcelis Technologies by 96.1% during the 1st quarter. Segall Bryant & Hamill LLC now owns 200,371 shares of the semiconductor company’s stock worth $18,651,000 after acquiring an additional 98,184 shares in the last quarter. Western Wealth Management LLC purchased a new stake in shares of Axcelis Technologies during the 1st quarter worth approximately $646,000. Edgestream Partners L.P. purchased a new stake in shares of Axcelis Technologies during the 1st quarter worth approximately $313,000. Amundi boosted its stake in shares of Axcelis Technologies by 9.0% during the 1st quarter. Amundi now owns 40,627 shares of the semiconductor company’s stock worth $3,782,000 after acquiring an additional 3,353 shares in the last quarter. Finally, California State Teachers Retirement System boosted its stake in shares of Axcelis Technologies by 21.3% during the 1st quarter. California State Teachers Retirement System now owns 36,420 shares of the semiconductor company’s stock worth $3,390,000 after acquiring an additional 6,390 shares in the last quarter. Hedge funds and other institutional investors own 89.98% of the company’s stock.

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.