Gregory Graves Sells 3,225 Shares of Axcelis Technologies (NASDAQ:ACLS) Stock

Axcelis Technologies, Inc. (NASDAQ:ACLSGet Free Report) Director Gregory Graves sold 3,225 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $141.61, for a total transaction of $456,692.25. Following the completion of the sale, the director directly owned 5,473 shares in the company, valued at approximately $775,031.53. The trade was a 37.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Axcelis Technologies Price Performance

NASDAQ:ACLS opened at $152.51 on Friday. Axcelis Technologies, Inc. has a one year low of $55.93 and a one year high of $171.61. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.99 and a current ratio of 4.59. The firm has a market cap of $4.69 billion, a price-to-earnings ratio of 47.51, a PEG ratio of 11.91 and a beta of 1.93. The firm’s fifty day moving average is $119.70 and its two-hundred day moving average is $97.89.

Axcelis Technologies (NASDAQ:ACLSGet Free Report) last posted its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.71 by $0.01. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. The company had revenue of $198.96 million for the quarter, compared to analyst estimates of $195.03 million. During the same period in the prior year, the company earned $0.88 earnings per share. The firm’s revenue was up 3.3% on a year-over-year basis. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Research analysts expect that Axcelis Technologies, Inc. will post 2.86 EPS for the current year.

Institutional Investors Weigh In On Axcelis Technologies

Hedge funds have recently modified their holdings of the company. Close Asset Management Ltd purchased a new stake in shares of Axcelis Technologies during the 3rd quarter worth about $27,000. REAP Financial Group LLC purchased a new stake in shares of Axcelis Technologies during the 4th quarter worth about $25,000. Advisory Services Network LLC purchased a new stake in shares of Axcelis Technologies during the 3rd quarter worth about $32,000. Caitlin John LLC purchased a new stake in shares of Axcelis Technologies during the 3rd quarter worth about $32,000. Finally, EverSource Wealth Advisors LLC boosted 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 acquiring an additional 267 shares in the last quarter. 89.98% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on ACLS shares. Zacks Research raised shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. B. Riley Financial raised shares of 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. Finally, Weiss Ratings lowered shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 12th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Axcelis Technologies has an average rating of “Hold” and an average target price of $116.25.

View Our Latest Stock Analysis on ACLS

Axcelis Technologies Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Axcelis Technologies (NASDAQ:ACLS)

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