Axcelis Technologies (NASDAQ:ACLS) Director Necip Sayiner Sells 1,586 Shares

Axcelis Technologies, Inc. (NASDAQ:ACLSGet Free Report) Director Necip Sayiner sold 1,586 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $157.44, for a total value of $249,699.84. Following the completion of the transaction, the director directly owned 7,112 shares in the company, valued at $1,119,713.28. This trade represents a 18.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Axcelis Technologies Price Performance

Shares of ACLS stock opened at $161.87 on Friday. Axcelis Technologies, Inc. has a twelve month low of $59.99 and a twelve month high of $171.61. The stock has a market capitalization of $4.97 billion, a price-to-earnings ratio of 50.43, a P/E/G ratio of 11.27 and a beta of 1.91. The stock has a fifty day simple moving average of $133.92 and a two-hundred day simple moving average of $103.06. The company has a current ratio of 4.59, a quick ratio of 2.99 and a debt-to-equity ratio of 0.04.

Axcelis Technologies (NASDAQ:ACLSGet Free Report) last issued 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. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The business had revenue of $198.96 million during the quarter, compared to analysts’ expectations of $195.03 million. During the same period in the prior year, the business earned $0.88 EPS. The business’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, analysts predict that Axcelis Technologies, Inc. will post 3.21 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on ACLS shares. B. Riley Financial upgraded Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price for the company in a report on Monday, April 20th. Weiss Ratings cut Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 12th. Finally, Zacks Research upgraded Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Three 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, the company currently has an average rating of “Hold” and a consensus price target of $116.25.

View Our Latest Stock Analysis on ACLS

Institutional Investors Weigh In On Axcelis Technologies

Hedge funds have recently made changes to their positions in the stock. Parallel Advisors LLC lifted its holdings in shares of Axcelis Technologies by 22.0% in the 1st quarter. Parallel Advisors LLC now owns 665 shares of the semiconductor company’s stock valued at $62,000 after purchasing an additional 120 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Axcelis Technologies by 29.7% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 585 shares of the semiconductor company’s stock valued at $57,000 after purchasing an additional 134 shares during the last quarter. Larson Financial Group LLC lifted its holdings in shares of Axcelis Technologies by 17.8% in the 4th quarter. Larson Financial Group LLC now owns 933 shares of the semiconductor company’s stock valued at $75,000 after purchasing an additional 141 shares during the last quarter. CWM LLC lifted its holdings in shares of Axcelis Technologies by 5.8% in the 4th quarter. CWM LLC now owns 2,623 shares of the semiconductor company’s stock valued at $211,000 after purchasing an additional 143 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Axcelis Technologies by 18.6% in the 3rd quarter. Smartleaf Asset Management LLC now owns 957 shares of the semiconductor company’s stock valued at $93,000 after purchasing an additional 150 shares during the last quarter. 89.98% of the stock is currently owned by hedge funds and other institutional investors.

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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