Burney Co. Sells 7,876 Shares of Axcelis Technologies, Inc. $ACLS

Burney Co. decreased its stake in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 31.9% during the 1st quarter, Holdings Channel reports. The institutional investor owned 16,845 shares of the semiconductor company’s stock after selling 7,876 shares during the period. Burney Co.’s holdings in Axcelis Technologies were worth $1,568,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of ACLS. Victory Capital Management Inc. lifted its stake in Axcelis Technologies by 85.9% during the 4th quarter. Victory Capital Management Inc. now owns 1,807,404 shares of the semiconductor company’s stock valued at $145,207,000 after acquiring an additional 835,242 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Axcelis Technologies by 9.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 841,040 shares of the semiconductor company’s stock worth $67,570,000 after acquiring an additional 71,428 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Axcelis Technologies by 7.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company’s stock worth $31,560,000 after acquiring an additional 44,275 shares in the last quarter. Invesco Ltd. grew its stake in shares of Axcelis Technologies by 23.8% in the 4th quarter. Invesco Ltd. now owns 478,897 shares of the semiconductor company’s stock worth $38,475,000 after acquiring an additional 92,162 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Axcelis Technologies by 1.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 431,195 shares of the semiconductor company’s stock valued at $34,642,000 after purchasing an additional 4,082 shares during the last quarter. Institutional investors own 89.98% of the company’s stock.

Insider Transactions at Axcelis Technologies

In other news, Director John T. Kurtzweil sold 3,500 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $138.79, for a total transaction of $485,765.00. Following the completion of the transaction, the director directly owned 32,990 shares of the company’s stock, valued at $4,578,682.10. This represents a 9.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Todd Sutton sold 2,574 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $163.89, for a total transaction of $421,852.86. Following the sale, the vice president owned 7,817 shares of the company’s stock, valued at approximately $1,281,128.13. The trade was a 24.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 34,795 shares of company stock valued at $5,344,383. Corporate insiders own 0.49% of the company’s stock.

Axcelis Technologies Trading Up 3.0%

NASDAQ ACLS opened at $135.43 on Thursday. The business’s fifty day moving average is $160.46 and its 200-day moving average is $117.19. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.59 and a quick ratio of 2.99. The stock has a market capitalization of $4.16 billion, a price-to-earnings ratio of 42.19, a PEG ratio of 9.31 and a beta of 1.88. Axcelis Technologies, Inc. has a one year low of $65.64 and a one year high of $193.78.

Axcelis Technologies (NASDAQ:ACLS) last posted its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share 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 analyst estimates of $195.03 million. During the same quarter in the prior year, the business earned $0.88 earnings per share. The firm’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. Equities research analysts predict that Axcelis Technologies, Inc. will post 3.21 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ACLS. Weiss Ratings lowered shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. B. Riley Financial upgraded shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price objective for the company 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. Finally, Bank of America lifted their target price on shares of Axcelis Technologies from $130.00 to $156.00 and gave the stock 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 issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target 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.