Short Interest in Axcelis Technologies, Inc. (NASDAQ:ACLS) Drops By 25.9%

Axcelis Technologies, Inc. (NASDAQ:ACLS) saw a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 3,698,624 shares, a drop of 25.9% from the February 12th total of 4,989,876 shares. Based on an average daily volume of 1,457,097 shares, the days-to-cover ratio is currently 2.5 days. Currently, 12.1% of the shares of the company are short sold. Currently, 12.1% of the shares of the company are short sold. Based on an average daily volume of 1,457,097 shares, the days-to-cover ratio is currently 2.5 days.

Axcelis Technologies Trading Down 2.3%

Shares of ACLS stock opened at $83.19 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.77 and a quick ratio of 3.11. The company has a market cap of $2.56 billion, a price-to-earnings ratio of 21.95, a PEG ratio of 9.94 and a beta of 1.78. Axcelis Technologies has a 1 year low of $40.40 and a 1 year high of $102.93. The firm has a fifty day moving average price of $88.33 and a 200-day moving average price of $86.13.

Axcelis Technologies (NASDAQ:ACLS) last announced its earnings results on Tuesday, February 17th. The semiconductor company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.37. Axcelis Technologies had a return on equity of 13.73% and a net margin of 14.33%.The company had revenue of $238.33 million for the quarter, compared to analysts’ expectations of $215.04 million. During the same period last year, the firm earned $1.54 EPS. Axcelis Technologies’s revenue for the quarter was down 5.6% compared to the same quarter last year. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. As a group, equities analysts predict that Axcelis Technologies will post 2.55 earnings per share for the current year.

Insider Transactions at Axcelis Technologies

In other Axcelis Technologies news, Director Jorge Titinger sold 1,000 shares of Axcelis Technologies stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $80.00, for a total value of $80,000.00. Following the completion of the sale, the director owned 6,477 shares of the company’s stock, valued at approximately $518,160. The trade was a 13.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.48% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ACLS. Salomon & Ludwin LLC purchased a new stake in Axcelis Technologies in the 3rd quarter worth approximately $25,000. REAP Financial Group LLC purchased a new position in Axcelis Technologies during the fourth quarter valued at approximately $25,000. Close Asset Management Ltd purchased a new position in Axcelis Technologies during the third quarter valued at approximately $27,000. EverSource Wealth Advisors LLC boosted its position in shares of Axcelis Technologies by 145.1% in the second 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. Finally, Caitlin John LLC bought a new position in shares of Axcelis Technologies in the third quarter worth approximately $32,000. 89.98% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Axcelis Technologies in a research note on Monday, December 22nd. Zacks Research cut Axcelis Technologies from a “hold” rating to a “strong sell” rating in a research report on Friday, February 20th. Bank of America increased their target price on Axcelis Technologies from $90.00 to $100.00 and gave the company an “underperform” rating in a report on Tuesday, January 13th. Wall Street Zen cut Axcelis Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 3rd. Finally, B. Riley Financial cut their price target on Axcelis Technologies from $94.00 to $91.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Axcelis Technologies currently has an average rating of “Hold” and a consensus price target of $101.50.

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.