Peterson Wealth Services Acquires 7,003 Shares of Axcelis Technologies, Inc. $ACLS

Peterson Wealth Services increased its holdings in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 1,750.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,403 shares of the semiconductor company’s stock after buying an additional 7,003 shares during the period. Peterson Wealth Services’ holdings in Axcelis Technologies were worth $595,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Victory Capital Management Inc. raised its stake in Axcelis Technologies by 9.6% in the third quarter. Victory Capital Management Inc. now owns 972,162 shares of the semiconductor company’s stock worth $90,243,000 after buying an additional 85,407 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Axcelis Technologies by 4.6% in the third quarter. Dimensional Fund Advisors LP now owns 769,612 shares of the semiconductor company’s stock worth $75,143,000 after purchasing an additional 34,153 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Axcelis Technologies by 7.5% in the first quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company’s stock worth $31,560,000 after purchasing an additional 44,275 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC raised its holdings in Axcelis Technologies by 0.4% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 443,863 shares of the semiconductor company’s stock worth $43,339,000 after purchasing an additional 1,798 shares in the last quarter. Finally, LSV Asset Management raised its holdings in Axcelis Technologies by 36.4% in the fourth quarter. LSV Asset Management now owns 429,500 shares of the semiconductor company’s stock worth $34,506,000 after purchasing an additional 114,600 shares in the last quarter. Institutional investors own 89.98% of the company’s stock.

Insider Transactions at Axcelis Technologies

In related news, Director John T. Kurtzweil sold 3,500 shares of the company’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $138.79, for a total value of $485,765.00. Following 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 this hyperlink. Also, EVP Greg Redinbo sold 2,883 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $160.85, for a total transaction of $463,730.55. Following the completion of the transaction, the executive vice president owned 29,823 shares in the company, valued at approximately $4,797,029.55. This trade represents a 8.81% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 36,039 shares of company stock worth $5,461,394 over the last 90 days. Insiders own 0.49% of the company’s stock.

Axcelis Technologies Stock Performance

ACLS opened at $173.57 on Friday. Axcelis Technologies, Inc. has a 52-week low of $64.25 and a 52-week high of $182.19. The company has a quick ratio of 2.99, a current ratio of 4.59 and a debt-to-equity ratio of 0.04. The company has a market cap of $5.33 billion, a P/E ratio of 54.07, a price-to-earnings-growth ratio of 11.15 and a beta of 1.91. The firm’s 50-day moving average price is $140.26 and its 200-day moving average price is $105.95.

Axcelis Technologies (NASDAQ:ACLS) last released its earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.01. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The firm had revenue of $198.96 million for the quarter, compared to the consensus estimate of $195.03 million. During the same period in the prior year, the firm earned $0.88 EPS. The firm’s revenue was up 3.3% on a year-over-year basis. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. As a group, equities analysts anticipate that Axcelis Technologies, Inc. will post 3.21 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have commented on ACLS. Weiss Ratings downgraded shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a 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 target price for the company in a report on Monday, April 20th. Finally, Zacks Research upgraded shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $116.25.

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.