Globeflex Capital L P Has $4.14 Million Stock Position in Axcelis Technologies, Inc. $ACLS

Globeflex Capital L P lowered its position in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 20.6% during the first quarter, Holdings Channel reports. The fund owned 44,455 shares of the semiconductor company’s stock after selling 11,542 shares during the quarter. Globeflex Capital L P’s holdings in Axcelis Technologies were worth $4,138,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in ACLS. Victory Capital Management Inc. grew its position in Axcelis Technologies by 85.9% during the 4th quarter. Victory Capital Management Inc. now owns 1,807,404 shares of the semiconductor company’s stock worth $145,207,000 after purchasing an additional 835,242 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of 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 purchasing an additional 246,939 shares in the last quarter. Balyasny Asset Management L.P. lifted its holdings in shares of 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 purchasing an additional 241,177 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Axcelis Technologies by 142.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 266,015 shares of the semiconductor company’s stock worth $22,909,000 after buying an additional 156,387 shares during the period. Finally, Millennium Management LLC boosted its position in shares of Axcelis Technologies by 143.8% in the third quarter. Millennium Management LLC now owns 261,776 shares of the semiconductor company’s stock worth $25,560,000 after buying an additional 154,381 shares during the period. Hedge funds and other institutional investors own 89.98% of the company’s stock.

Wall Street Analysts Forecast Growth

ACLS has been the topic of several recent analyst reports. Bank of America upped their price target on Axcelis Technologies from $130.00 to $156.00 and gave the company an “underperform” rating in a research report on Tuesday, June 23rd. Weiss Ratings lowered Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. Zacks Research upgraded Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Finally, B. Riley Financial raised Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price on the stock in a research note on Monday, April 20th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $130.25.

Axcelis Technologies Trading Down 0.9%

Shares of NASDAQ:ACLS opened at $141.95 on Thursday. The firm has a fifty day moving average of $157.95 and a two-hundred day moving average of $121.28. The company has a quick ratio of 2.99, a current ratio of 4.59 and a debt-to-equity ratio of 0.04. Axcelis Technologies, Inc. has a 12-month low of $65.64 and a 12-month high of $193.78. The firm has a market capitalization of $4.36 billion, a P/E ratio of 44.22, a price-to-earnings-growth ratio of 10.14 and a beta of 1.88.

Axcelis Technologies (NASDAQ:ACLS) last posted its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.01. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. The business 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 business posted $0.88 earnings per share. Axcelis Technologies’s revenue for the quarter was up 3.3% compared to the same quarter last year. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. On average, equities analysts expect that Axcelis Technologies, Inc. will post 3.21 EPS for the current fiscal year.

Insider Transactions at Axcelis Technologies

In other Axcelis Technologies news, Director Gregory B. Graves sold 3,225 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $141.61, for a total value of $456,692.25. Following the transaction, the director directly owned 5,473 shares of the company’s stock, valued at $775,031.53. This represents a 37.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Greg Redinbo sold 2,883 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $160.85, for a total value of $463,730.55. Following the completion of the transaction, the executive vice president directly owned 29,823 shares in the company, valued at approximately $4,797,029.55. The trade was a 8.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 34,795 shares of company stock valued at $5,344,383. Corporate insiders own 0.49% of the company’s stock.

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.