Axcelis Technologies (NASDAQ:ACLS) EVP Eileen Evans Sells 926 Shares of Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) EVP Eileen Evans sold 926 shares of the stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $155.51, for a total value of $144,002.26. Following the sale, the executive vice president owned 31,295 shares of the company’s stock, valued at approximately $4,866,685.45. The trade was a 2.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Axcelis Technologies Stock Performance

Shares of ACLS opened at $156.94 on Friday. 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 50-day moving average of $121.12 and a 200-day moving average of $98.30. The company has a market cap of $4.82 billion, a PE ratio of 48.89, a P/E/G ratio of 12.14 and a beta of 1.93. Axcelis Technologies, Inc. has a one year low of $55.93 and a one year high of $171.61.

Axcelis Technologies (NASDAQ:ACLS) last issued 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 during the quarter, compared to the consensus estimate of $195.03 million. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period last year, the business posted $0.88 EPS. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. On average, equities research analysts predict that Axcelis Technologies, Inc. will post 2.86 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently commented on ACLS shares. Weiss Ratings downgraded Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 12th. Zacks Research upgraded Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Finally, B. Riley Financial upgraded Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price for the company in a research note on Monday, April 20th. Three 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, Axcelis Technologies currently has an average rating of “Hold” and an average target price of $116.25.

Hedge Funds Weigh In On Axcelis Technologies

Hedge funds have recently added to or reduced their stakes in the stock. REAP Financial Group LLC acquired a new position in Axcelis Technologies during the 4th quarter valued at about $25,000. Close Asset Management Ltd acquired a new position in Axcelis Technologies during the 3rd quarter valued at about $27,000. EverSource Wealth Advisors LLC boosted its stake in Axcelis Technologies by 145.1% during the 2nd 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 last quarter. Caitlin John LLC acquired a new position in Axcelis Technologies during the 3rd quarter valued at about $32,000. Finally, Advisory Services Network LLC acquired a new position in Axcelis Technologies during the 3rd quarter valued at about $32,000. Institutional investors and hedge funds own 89.98% of the company’s stock.

About Axcelis Technologies

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.