6,936 Shares in Axcelis Technologies, Inc. $ACLS Acquired by Western Wealth Management LLC

Western Wealth Management LLC bought a new stake in Axcelis Technologies, Inc. (NASDAQ:ACLS) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 6,936 shares of the semiconductor company’s stock, valued at approximately $646,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ACLS. REAP Financial Group LLC acquired a new position in shares of Axcelis Technologies in the 4th quarter valued at $25,000. EverSource Wealth Advisors LLC grew its position in Axcelis Technologies by 145.1% during the second quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 267 shares during the period. Advisory Services Network LLC acquired a new stake in Axcelis Technologies during the third quarter worth about $32,000. Leonteq Securities AG acquired a new stake in Axcelis Technologies during the fourth quarter worth about $40,000. Finally, Clearstead Advisors LLC raised its holdings in shares of Axcelis Technologies by 197.1% in the 4th quarter. Clearstead Advisors LLC now owns 719 shares of the semiconductor company’s stock worth $58,000 after purchasing an additional 477 shares during the period. Institutional investors and hedge funds own 89.98% of the company’s stock.

Insider Activity

In other news, EVP Christopher Tatnall sold 1,166 shares of the firm’s 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 trade represents a 4.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Necip Sayiner sold 1,586 shares of Axcelis Technologies stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $157.44, for a total value of $249,699.84. Following the sale, the director directly owned 7,112 shares in the company, valued at approximately $1,119,713.28. The trade was a 18.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 33,551 shares of company stock worth $5,171,641 over the last three months. 0.49% of the stock is currently owned by corporate insiders.

Axcelis Technologies Stock Performance

Axcelis Technologies stock opened at $131.12 on Tuesday. The firm has a market capitalization of $4.03 billion, a PE ratio of 40.85, a price-to-earnings-growth ratio of 9.23 and a beta of 1.92. Axcelis Technologies, Inc. has a one year low of $67.49 and a one year high of $193.78. The stock’s 50 day moving average price is $153.96 and its 200 day moving average price is $123.29. 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 (NASDAQ:ACLS) last issued its quarterly earnings data 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. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. The company had revenue of $198.96 million during the quarter, compared to the consensus estimate of $195.03 million. During the same quarter last year, the company earned $0.88 earnings per share. Axcelis Technologies’s revenue for the quarter was up 3.3% on a year-over-year basis. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. As a group, sell-side analysts expect that Axcelis Technologies, Inc. will post 3.21 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently weighed in on ACLS. B. Riley Financial raised 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. Zacks Research raised shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Weiss Ratings lowered shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 12th. Finally, Bank of America lifted their price target on shares of Axcelis Technologies from $130.00 to $156.00 and gave the company an “underperform” rating in a research report on Tuesday, June 23rd. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average 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.