Linden Thomas Advisory Services LLC Acquires Shares of 4,127 Axcelis Technologies, Inc. $ACLS

Linden Thomas Advisory Services LLC acquired a new stake in Axcelis Technologies, Inc. (NASDAQ:ACLS) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 4,127 shares of the semiconductor company’s stock, valued at approximately $288,000.

Several other large investors also recently modified their holdings of the stock. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Axcelis Technologies by 50.3% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 481 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 161 shares in the last quarter. Eagle Bay Advisors LLC grew its holdings in shares of Axcelis Technologies by 3.8% during the 1st quarter. Eagle Bay Advisors LLC now owns 7,585 shares of the semiconductor company’s stock worth $377,000 after purchasing an additional 275 shares in the last quarter. Advisors Asset Management Inc. grew its holdings in shares of Axcelis Technologies by 16.3% during the 1st quarter. Advisors Asset Management Inc. now owns 1,969 shares of the semiconductor company’s stock worth $98,000 after purchasing an additional 276 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of Axcelis Technologies by 129.0% during the 2nd quarter. Parallel Advisors LLC now owns 545 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 307 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its holdings in shares of Axcelis Technologies by 97.5% during the 1st quarter. Nisa Investment Advisors LLC now owns 796 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 393 shares in the last quarter. 89.98% of the stock is owned by institutional investors and hedge funds.

Axcelis Technologies Price Performance

Axcelis Technologies stock opened at $83.25 on Tuesday. The company has a current ratio of 6.01, a quick ratio of 4.26 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $2.62 billion, a PE ratio of 17.02 and a beta of 1.75. Axcelis Technologies, Inc. has a 12 month low of $40.40 and a 12 month high of $102.93. The stock has a 50-day moving average price of $85.92 and a two-hundred day moving average price of $72.00.

Axcelis Technologies (NASDAQ:ACLS) last posted its earnings results on Monday, April 21st. The semiconductor company reported $1.71 EPS for the quarter. Axcelis Technologies had a return on equity of 16.26% and a net margin of 17.69%.The firm had revenue of $252.42 million during the quarter. Analysts expect that Axcelis Technologies, Inc. will post 2.55 EPS for the current year.

Wall Street Analyst Weigh In

ACLS has been the topic of several analyst reports. Benchmark raised Axcelis Technologies from a “hold” rating to a “buy” rating and set a $105.00 target price on the stock in a report on Thursday, October 2nd. DA Davidson upped their price objective on Axcelis Technologies from $90.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, October 2nd. Zacks Research downgraded Axcelis Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Wall Street Zen downgraded Axcelis Technologies from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Axcelis Technologies in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $97.00.

About Axcelis Technologies

Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia Pacific. The company offers high energy, high current, and medium current implanters for various application requirements.