Legal & General Group Plc Sells 4,961 Shares of Axcelis Technologies, Inc. $ACLS

Legal & General Group Plc lessened its stake in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 6.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 78,055 shares of the semiconductor company’s stock after selling 4,961 shares during the period. Legal & General Group Plc’s holdings in Axcelis Technologies were worth $6,271,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of ACLS. Royal Bank of Canada raised its stake in shares of Axcelis Technologies by 3.8% during the first quarter. Royal Bank of Canada now owns 117,566 shares of the semiconductor company’s stock valued at $5,838,000 after acquiring an additional 4,324 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Axcelis Technologies by 4.9% during the first quarter. AQR Capital Management LLC now owns 35,717 shares of the semiconductor company’s stock valued at $1,774,000 after acquiring an additional 1,678 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Axcelis Technologies by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,396 shares of the semiconductor company’s stock valued at $963,000 after acquiring an additional 849 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Axcelis Technologies by 7.5% during the first quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company’s stock valued at $31,560,000 after acquiring an additional 44,275 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Axcelis Technologies by 1.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 78,756 shares of the semiconductor company’s stock valued at $3,912,000 after acquiring an additional 836 shares in the last quarter. Institutional investors own 89.98% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ACLS. B. Riley Financial raised shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price objective on the stock in a report on Monday, April 20th. Zacks Research raised shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Finally, Weiss Ratings lowered shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 12th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $116.25.

Axcelis Technologies Price Performance

NASDAQ ACLS opened at $147.16 on Friday. The firm’s fifty day simple moving average is $134.84 and its two-hundred day simple moving average is $103.37. The company has a current ratio of 4.59, a quick ratio of 2.99 and a debt-to-equity ratio of 0.04. Axcelis Technologies, Inc. has a 12-month low of $61.50 and a 12-month high of $171.61. The firm has a market capitalization of $4.52 billion, a P/E ratio of 45.84, a P/E/G ratio of 10.42 and a beta of 1.91.

Axcelis Technologies (NASDAQ:ACLS) last released its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $195.03 million. During the same period in the previous year, the company earned $0.88 earnings per share. The business’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. Analysts forecast that Axcelis Technologies, Inc. will post 3.21 EPS for the current fiscal year.

Insiders Place Their Bets

In other Axcelis Technologies news, Director Gregory B. Graves sold 3,225 shares of Axcelis Technologies stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $141.61, for a total value of $456,692.25. Following the transaction, the director directly owned 5,473 shares of the company’s stock, valued at approximately $775,031.53. The trade was a 37.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Todd Sutton sold 2,574 shares of Axcelis Technologies stock in a transaction 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 completion of the transaction, the vice president directly owned 7,817 shares in the company, valued at $1,281,128.13. This represents a 24.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 36,039 shares of company stock valued at $5,461,394. 0.49% of the stock is currently owned by company insiders.

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.