Gerald Blumenstock Sells 1,161 Shares of Axcelis Technologies (NASDAQ:ACLS) Stock

Posted by Francis Steltz on May 24th, 2026

Axcelis Technologies, Inc. (NASDAQ:ACLS – Get Free Report) EVP Gerald Blumenstock sold 1,161 shares of the company’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $152.70, for a total transaction of $177,284.70. Following the completion of the sale, the executive vice president owned 20,493 shares of the company’s stock, valued at approximately $3,129,281.10. This trade represents a 5.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Axcelis Technologies Stock Up 2.9%

ACLS stock opened at $156.94 on Friday. The company has a fifty day moving average price of $121.12 and a 200 day moving average price of $98.30. Axcelis Technologies, Inc. has a 12 month low of $55.93 and a 12 month high of $171.61. The company has a market cap of $4.82 billion, a price-to-earnings ratio of 48.89, a price-to-earnings-growth ratio of 12.49 and a beta of 1.93. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.59 and a quick ratio of 2.99.

Axcelis Technologies (NASDAQ:ACLS – Get Free Report) last released 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 firm had revenue of $198.96 million during the quarter, compared to the consensus estimate of $195.03 million. During the same quarter in the prior year, the firm earned $0.88 EPS. Axcelis Technologies’s revenue for the quarter was up 3.3% on a year-over-year basis. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Sell-side analysts expect that Axcelis Technologies, Inc. will post 2.86 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Zacks Research upgraded shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Weiss Ratings downgraded shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. Finally, B. Riley Financial upgraded shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price objective for the company 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 issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $116.25.

Check Out Our Latest Analysis on Axcelis Technologies

Hedge Funds Weigh In On Axcelis Technologies

Large investors have recently bought and sold shares of the company. REAP Financial Group LLC purchased a new position in shares of Axcelis Technologies in the 4th quarter valued at about $25,000. Close Asset Management Ltd purchased a new position in shares of Axcelis Technologies in the 3rd quarter valued at about $27,000. EverSource Wealth Advisors LLC increased its holdings in shares of Axcelis Technologies by 145.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 267 shares in the last quarter. Caitlin John LLC purchased a new position in shares of Axcelis Technologies in the 3rd quarter valued at about $32,000. Finally, Advisory Services Network LLC purchased a new position in shares of Axcelis Technologies in the 3rd quarter valued at about $32,000. Hedge funds and other institutional investors own 89.98% of the company’s stock.

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.