Louisiana State Employees Retirement System Invests $1.27 Million in Axcelis Technologies, Inc. $ACLS

Louisiana State Employees Retirement System acquired a new position in Axcelis Technologies, Inc. (NASDAQ:ACLSFree Report) during the first quarter, HoldingsChannel.com reports. The fund acquired 13,600 shares of the semiconductor company’s stock, valued at approximately $1,266,000.

Other large investors also recently added to or reduced their stakes in the company. REAP Financial Group LLC bought a new position in Axcelis Technologies in the fourth quarter worth approximately $25,000. Advisory Services Network LLC bought a new stake in shares of Axcelis Technologies during the 3rd quarter valued at $32,000. EverSource Wealth Advisors LLC grew its position 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 valued at $31,000 after acquiring an additional 267 shares during the period. Leonteq Securities AG purchased a new stake in shares of Axcelis Technologies in the 4th quarter worth $40,000. Finally, Clearstead Advisors LLC increased its stake in shares of Axcelis Technologies by 197.1% in the 4th quarter. Clearstead Advisors LLC now owns 719 shares of the semiconductor company’s stock worth $58,000 after purchasing an additional 477 shares in the last quarter. 89.98% of the stock is currently owned by institutional investors.

Insider Activity at Axcelis Technologies

In other Axcelis Technologies news, Director Gregory B. Graves sold 3,225 shares of the stock in a transaction dated 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 transaction, the director owned 5,473 shares of the company’s stock, valued at $775,031.53. This represents a 37.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Todd Sutton sold 2,574 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $163.89, for a total value of $421,852.86. Following the transaction, the vice president owned 7,817 shares of the company’s stock, valued at approximately $1,281,128.13. The trade was a 24.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 34,795 shares of company stock valued at $5,344,383 in the last ninety days. Corporate insiders own 0.49% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on ACLS shares. 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 report on Monday, April 20th. Weiss Ratings cut Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. Bank of America raised their price objective on Axcelis Technologies from $130.00 to $156.00 and gave the stock an “underperform” rating in a research note on Tuesday, June 23rd. Finally, Zacks Research raised Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research 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 stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $130.25.

Get Our Latest Research Report on Axcelis Technologies

Axcelis Technologies Stock Performance

ACLS stock opened at $144.50 on Friday. Axcelis Technologies, Inc. has a 1-year low of $65.64 and a 1-year high of $193.78. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.59 and a quick ratio of 2.99. The company has a market capitalization of $4.44 billion, a price-to-earnings ratio of 45.02, a PEG ratio of 10.23 and a beta of 1.88. The business has a 50 day simple moving average of $160.73 and a two-hundred day simple moving average of $115.88.

Axcelis Technologies (NASDAQ:ACLSGet Free Report) last released its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share (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 firm had revenue of $198.96 million for the quarter, compared to analysts’ expectations of $195.03 million. During the same quarter last year, the business posted $0.88 earnings per share. The company’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. Research analysts anticipate that Axcelis Technologies, Inc. will post 3.21 EPS for the current fiscal year.

About Axcelis Technologies

(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.

Featured Stories

Want to see what other hedge funds are holding ACLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Axcelis Technologies, Inc. (NASDAQ:ACLSFree Report).

Institutional Ownership by Quarter for Axcelis Technologies (NASDAQ:ACLS)

Receive News & Ratings for Axcelis Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Axcelis Technologies and related companies with MarketBeat.com's FREE daily email newsletter.