SG Americas Securities LLC Acquires New Holdings in Axcelis Technologies, Inc. $ACLS

SG Americas Securities LLC acquired a new stake in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 14,166 shares of the semiconductor company’s stock, valued at approximately $1,138,000.

A number of other institutional investors also recently added to or reduced their stakes in ACLS. LSV Asset Management bought a new stake in Axcelis Technologies during the third quarter valued at about $30,747,000. Invesco Ltd. boosted its position in Axcelis Technologies by 176.6% during the third quarter. Invesco Ltd. now owns 386,735 shares of the semiconductor company’s stock valued at $37,761,000 after purchasing an additional 246,939 shares in the last quarter. Millennium Management LLC boosted its position in Axcelis Technologies by 143.8% during the third quarter. Millennium Management LLC now owns 261,776 shares of the semiconductor company’s stock valued at $25,560,000 after purchasing an additional 154,381 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in Axcelis Technologies during the third quarter valued at about $11,502,000. Finally, Allspring Global Investments Holdings LLC boosted its position in Axcelis Technologies by 1,344.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 109,628 shares of the semiconductor company’s stock valued at $10,388,000 after purchasing an additional 102,040 shares in the last quarter. Institutional investors own 89.98% of the company’s stock.

Insider Activity

In other news, Director Jorge Titinger sold 1,000 shares of the firm’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $80.00, for a total value of $80,000.00. Following the completion of the transaction, the director directly owned 6,477 shares in the company, valued at $518,160. This trade represents a 13.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Russell Low sold 1,244 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $94.06, for a total value of $117,010.64. Following the completion of the transaction, the chief executive officer owned 132,282 shares of the company’s stock, valued at approximately $12,442,444.92. The trade was a 0.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.48% of the company’s stock.

Analyst Upgrades and Downgrades

ACLS has been the topic of a number of recent research reports. Zacks Research downgraded Axcelis Technologies from a “hold” rating to a “strong sell” rating in a research report on Friday, February 20th. Bank of America raised their price objective on Axcelis Technologies from $90.00 to $100.00 and gave the company an “underperform” rating in a research report on Tuesday, January 13th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Axcelis Technologies in a research report on Monday, December 22nd. Wall Street Zen downgraded Axcelis Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 3rd. Finally, B. Riley Financial decreased 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 investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $101.50.

Axcelis Technologies Trading Up 8.0%

Axcelis Technologies stock opened at $104.65 on Thursday. The stock has a 50-day moving average of $88.43 and a two-hundred day moving average of $87.15. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.11 and a current ratio of 4.77. Axcelis Technologies, Inc. has a one year low of $41.38 and a one year high of $105.15. The stock has a market cap of $3.22 billion, a PE ratio of 27.61, a price-to-earnings-growth ratio of 11.37 and a beta of 1.65.

Axcelis Technologies (NASDAQ:ACLS) last released its quarterly earnings results on Tuesday, February 17th. The semiconductor company reported $1.49 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $215.04 million. During the same period last year, the business posted $1.54 earnings per share. The firm’s revenue 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. On average, research analysts anticipate that Axcelis Technologies, Inc. will post 2.55 EPS for the current fiscal year.

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.