Axcelis Technologies (NASDAQ:ACLS) Director Jeanne Quirk Sells 1,789 Shares of Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) Director Jeanne Quirk sold 1,789 shares of Axcelis Technologies stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $140.22, for a total transaction of $250,853.58. Following the completion of the transaction, the director directly owned 11,400 shares in the company, valued at approximately $1,598,508. This trade represents a 13.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Axcelis Technologies Stock Performance

Axcelis Technologies stock opened at $149.56 on Thursday. The firm’s 50 day simple moving average is $118.37 and its 200-day simple moving average is $97.38. The company has a market cap of $4.60 billion, a P/E ratio of 46.59, a price-to-earnings-growth ratio of 11.40 and a beta of 1.93. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.59 and a quick ratio of 2.99. Axcelis Technologies, Inc. has a fifty-two week low of $55.93 and a fifty-two week high of $171.61.

Axcelis Technologies (NASDAQ:ACLS) last released its earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.01. The business had revenue of $198.96 million for the quarter, compared to the consensus estimate of $195.03 million. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same period last year, the firm posted $0.88 earnings per share. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. As a group, equities research analysts predict that Axcelis Technologies, Inc. will post 2.86 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently weighed in on ACLS. Weiss Ratings downgraded shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. Zacks Research raised shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Finally, 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 research 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $116.25.

Institutional Trading of Axcelis Technologies

A number of institutional investors have recently added to or reduced their stakes in ACLS. Victory Capital Management Inc. lifted its stake in Axcelis Technologies by 85.9% in the fourth quarter. Victory Capital Management Inc. now owns 1,807,404 shares of the semiconductor company’s stock valued at $145,207,000 after acquiring an additional 835,242 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in Axcelis Technologies by 3,402.5% in the first quarter. The Manufacturers Life Insurance Company now owns 491,745 shares of the semiconductor company’s stock valued at $45,772,000 after acquiring an additional 477,705 shares during the last quarter. LSV Asset Management acquired a new stake in Axcelis Technologies in the third quarter valued at approximately $30,747,000. Invesco Ltd. lifted its stake in Axcelis Technologies by 176.6% in the third quarter. Invesco Ltd. now owns 386,735 shares of the semiconductor company’s stock valued at $37,761,000 after acquiring an additional 246,939 shares during the last quarter. Finally, Balyasny Asset Management L.P. lifted its stake in Axcelis Technologies by 10,368.7% in the fourth quarter. Balyasny Asset Management L.P. now owns 243,503 shares of the semiconductor company’s stock valued at $19,563,000 after acquiring an additional 241,177 shares during the last quarter. 89.98% of the stock is currently owned by institutional investors and hedge funds.

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.