Great Lakes Advisors LLC Invests $5.98 Million in Axcelis Technologies, Inc. $ACLS

Great Lakes Advisors LLC bought a new position in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 31,556 shares of the semiconductor company’s stock, valued at approximately $5,978,000.

Other institutional investors also recently bought and sold shares of the company. REAP Financial Group LLC acquired a new position in Axcelis Technologies in the fourth quarter valued at approximately $25,000. EverSource Wealth Advisors LLC grew 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. Advisory Services Network LLC purchased a new position in shares of Axcelis Technologies during the 3rd quarter valued at approximately $32,000. Leonteq Securities AG purchased a new position in shares of Axcelis Technologies during the 4th quarter valued at approximately $40,000. Finally, Clearstead Advisors LLC lifted its stake in shares of Axcelis Technologies by 197.1% in the 4th quarter. Clearstead Advisors LLC now owns 719 shares of the semiconductor company’s stock valued at $58,000 after purchasing an additional 477 shares during the period. 89.98% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, VP Todd Sutton sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $159.99, for a total value of $319,980.00. Following the completion of the sale, the vice president directly owned 6,360 shares in the company, valued at $1,017,536.40. This represents a 23.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Eileen Evans sold 926 shares of Axcelis Technologies stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $155.51, for a total value of $144,002.26. Following the transaction, the executive vice president owned 31,295 shares in the company, valued at approximately $4,866,685.45. The trade was a 2.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 4,512 shares of company stock worth $713,682 over the last three months. Insiders own 0.49% of the company’s stock.

Axcelis Technologies Trading Down 6.6%

ACLS stock opened at $126.43 on Thursday. The company has a current ratio of 4.90, a quick ratio of 3.21 and a debt-to-equity ratio of 0.04. Axcelis Technologies, Inc. has a 12-month low of $73.60 and a 12-month high of $193.78. The stock has a market cap of $3.90 billion, a price-to-earnings ratio of 42.43, a PEG ratio of 4.14 and a beta of 1.92. The business’s 50-day moving average is $149.36 and its 200 day moving average is $127.13.

Axcelis Technologies (NASDAQ:ACLS) last posted its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.06 EPS for the quarter, beating the consensus estimate of $0.89 by $0.17. The firm had revenue of $215.18 million during the quarter, compared to the consensus estimate of $205.03 million. Axcelis Technologies had a return on equity of 11.69% and a net margin of 10.71%.The firm’s revenue was up 10.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.13 EPS. Axcelis Technologies has set its Q3 2026 guidance at 1.110-1.110 EPS. On average, sell-side analysts anticipate that Axcelis Technologies, Inc. will post 3.39 EPS for the current fiscal year.

Analyst Ratings Changes

ACLS has been the subject of a number of recent analyst reports. Bank of America lifted their price objective on shares of Axcelis Technologies from $130.00 to $156.00 and gave the company an “underperform” rating in a report on Tuesday, June 23rd. Craig Hallum lowered Axcelis Technologies from a “buy” rating to a “hold” rating and set a $140.00 price objective on the stock. in a report on Friday, August 7th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Axcelis Technologies in a research note on Friday, August 7th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $132.20.

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.