Penbrook Management LLC Lowers Position in Axcelis Technologies, Inc. $ACLS

Penbrook Management LLC lessened its holdings in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 23.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,095 shares of the semiconductor company’s stock after selling 3,800 shares during the quarter. Penbrook Management LLC’s holdings in Axcelis Technologies were worth $1,126,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. REAP Financial Group LLC purchased a new stake in Axcelis Technologies in the fourth quarter valued at approximately $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 increased its holdings 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 buying 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 purchased a new stake in shares of Axcelis Technologies during the 3rd quarter valued at $32,000. Hedge funds and other institutional investors own 89.98% of the company’s stock.

Axcelis Technologies Trading Up 7.0%

ACLS stock opened at $180.70 on Friday. The company has a market capitalization of $5.55 billion, a PE ratio of 56.29, a price-to-earnings-growth ratio of 11.96 and a beta of 1.91. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.99 and a current ratio of 4.59. Axcelis Technologies, Inc. has a one year low of $65.64 and a one year high of $193.78. The company’s 50 day moving average price is $155.80 and its two-hundred day moving average price is $112.74.

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

Insider Buying and Selling at Axcelis Technologies

In related news, EVP Christopher Tatnall sold 1,166 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $149.75, for a total transaction of $174,608.50. Following the completion of the sale, the executive vice president directly owned 27,627 shares in the company, valued at $4,137,143.25. This represents a 4.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Eileen Evans sold 926 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $155.51, for a total value of $144,002.26. Following the transaction, the executive vice president owned 31,295 shares in the company, valued at approximately $4,866,685.45. The trade was a 2.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 36,039 shares of company stock valued at $5,461,394. 0.49% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

ACLS has been the subject of several research reports. Zacks Research upgraded shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Weiss Ratings downgraded Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. B. Riley Financial raised Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price target for the company in a research note on Monday, April 20th. Finally, Bank of America upped their price objective on Axcelis Technologies from $130.00 to $156.00 and gave the stock an “underperform” rating in a report on Tuesday. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $130.25.

Axcelis Technologies 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.