Axcelis Technologies (NASDAQ:ACLS) Director Gregory Graves Sells 3,225 Shares

Axcelis Technologies, Inc. (NASDAQ:ACLS) Director Gregory Graves sold 3,225 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $141.61, for a total value of $456,692.25. Following the completion of the sale, the director owned 5,473 shares of the company’s stock, valued at approximately $775,031.53. This represents a 37.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Axcelis Technologies Stock Up 4.4%

Shares of ACLS traded up $6.33 during trading hours on Wednesday, hitting $149.56. The stock had a trading volume of 386,214 shares, compared to its average volume of 781,032. 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 firm has a 50 day simple moving average of $117.06 and a 200-day simple moving average of $96.90. The firm has a market capitalization of $4.60 billion, a P/E ratio of 46.59, a price-to-earnings-growth ratio of 11.64 and a beta of 1.93. Axcelis Technologies, Inc. has a 1-year low of $55.93 and a 1-year high of $171.61.

Axcelis Technologies (NASDAQ:ACLS) last announced 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 business had revenue of $198.96 million for the quarter, compared to analysts’ expectations of $195.03 million. During the same quarter last year, the firm earned $0.88 EPS. The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Sell-side analysts predict that Axcelis Technologies, Inc. will post 2.86 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently weighed in on ACLS shares. B. Riley Financial raised shares of 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. Weiss Ratings cut shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. Finally, Zacks Research raised shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $116.25.

Institutional Investors Weigh In On Axcelis Technologies

A number of hedge funds have recently made changes to their positions in ACLS. REAP Financial Group LLC bought a new stake in shares of Axcelis Technologies during the 4th quarter worth $25,000. Close Asset Management Ltd bought a new stake in shares of Axcelis Technologies during the 3rd quarter worth $27,000. EverSource Wealth Advisors LLC raised its stake in shares of Axcelis Technologies by 145.1% during 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 period. Caitlin John LLC bought a new stake in shares of Axcelis Technologies during the 3rd quarter worth $32,000. Finally, Advisory Services Network LLC bought a new stake in shares of Axcelis Technologies during the 3rd quarter worth $32,000. 89.98% of the stock is currently owned by institutional investors.

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.