Axcelis Technologies (NASDAQ:ACLS) Sets New 1-Year High – Here’s What Happened

Shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) hit a new 52-week high on Wednesday . The company traded as high as $104.86 and last traded at $102.8390, with a volume of 85265 shares trading hands. The stock had previously closed at $96.87.

Analyst Ratings Changes

ACLS has been the topic of several analyst reports. Wall Street Zen lowered Axcelis Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 3rd. Zacks Research lowered Axcelis Technologies from a “hold” rating to a “strong sell” rating in a report on Friday, February 20th. B. Riley Financial dropped their target price on Axcelis Technologies from $94.00 to $91.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Axcelis Technologies in a report on Monday, December 22nd. Finally, Bank of America raised their target price on Axcelis Technologies from $90.00 to $100.00 and gave the stock an “underperform” rating in a report on Tuesday, January 13th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Axcelis Technologies currently has an average rating of “Hold” and an average target price of $101.50.

Axcelis Technologies Stock Performance

The stock has a market capitalization of $3.16 billion, a price-to-earnings ratio of 27.08, a price-to-earnings-growth ratio of 11.37 and a beta of 1.65. The firm has a fifty day moving average of $88.16 and a 200 day moving average of $87.02. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.77 and a quick ratio of 3.11.

Axcelis Technologies (NASDAQ:ACLS) last posted its earnings results on Tuesday, February 17th. The semiconductor company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.12 by $0.37. Axcelis Technologies had a return on equity of 13.73% and a net margin of 14.33%.The firm had revenue of $238.33 million for the quarter, compared to analyst estimates of $215.04 million. During the same period last year, the company earned $1.54 earnings per share. Axcelis Technologies’s revenue for the quarter was down 5.6% compared to the same quarter last year. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. On average, sell-side analysts anticipate that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Activity at Axcelis Technologies

In other Axcelis Technologies news, Director Jorge Titinger sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $80.00, for a total value of $80,000.00. Following the sale, the director directly owned 6,477 shares of the company’s stock, valued at approximately $518,160. This trade represents a 13.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Russell Low sold 1,244 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $94.06, for a total value of $117,010.64. Following the completion of the sale, the chief executive officer directly owned 132,282 shares in the company, valued at approximately $12,442,444.92. The trade was a 0.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.48% of the stock is currently owned by company insiders.

Institutional Trading of Axcelis Technologies

Institutional investors have recently bought and sold shares of the business. Salomon & Ludwin LLC acquired a new stake in Axcelis Technologies in the third quarter valued at approximately $25,000. REAP Financial Group LLC acquired a new stake in Axcelis Technologies in the fourth quarter valued at approximately $25,000. Close Asset Management Ltd acquired a new stake in Axcelis Technologies in the third quarter valued at approximately $27,000. EverSource Wealth Advisors LLC grew its holdings in Axcelis Technologies by 145.1% in the second quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 267 shares during the period. Finally, Caitlin John LLC purchased a new position in shares of Axcelis Technologies in the third quarter valued at approximately $32,000. 89.98% of the stock is owned by institutional investors and hedge funds.

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.