Axcelis Technologies (NASDAQ:ACLS) VP Todd Sutton Sells 2,000 Shares of Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) VP Todd Sutton sold 2,000 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $159.99, for a total value of $319,980.00. Following the completion of the transaction, the vice president owned 6,360 shares in the company, valued at $1,017,536.40. The trade was a 23.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Todd Sutton also recently made the following trade(s):

• On Thursday, May 14th, Todd Sutton sold 2,574 shares of Axcelis Technologies stock. The shares were sold at an average price of $163.89, for a total value of $421,852.86.

Axcelis Technologies Stock Down 1.5%

Shares of ACLS opened at $155.55 on Friday. The business’s fifty day moving average price is $127.05 and its two-hundred day moving average price is $100.54. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.99 and a current ratio of 4.59. The firm has a market capitalization of $4.78 billion, a price-to-earnings ratio of 48.46, a PEG ratio of 11.18 and a beta of 1.93. Axcelis Technologies, Inc. has a 52 week low of $55.93 and a 52 week high of $171.61.

Axcelis Technologies (NASDAQ:ACLS) last announced its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.01. The firm had revenue of $198.96 million during the quarter, compared to analyst estimates of $195.03 million. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The company’s revenue was up 3.3% on a year-over-year basis. During the same period last year, the company earned $0.88 earnings per share. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. On average, analysts predict that Axcelis Technologies, Inc. will post 3.21 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. REAP Financial Group LLC bought a new position in shares of Axcelis Technologies in the 4th quarter worth $25,000. Close Asset Management Ltd bought a new position in shares of Axcelis Technologies in the 3rd quarter worth $27,000. EverSource Wealth Advisors LLC boosted its position in shares of Axcelis Technologies by 145.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 267 shares during the last quarter. Caitlin John LLC bought a new position in shares of Axcelis Technologies in the 3rd quarter worth $32,000. Finally, Advisory Services Network LLC bought a new position in shares of Axcelis Technologies in the 3rd quarter worth $32,000. 89.98% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ACLS has been the subject of a number of research reports. Weiss Ratings lowered Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. Zacks Research upgraded Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Finally, 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. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Axcelis Technologies has an average rating of “Hold” and a consensus target price of $116.25.

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.