The Manufacturers Life Insurance Company Grows Holdings in Axcelis Technologies, Inc. $ACLS

Posted by Stanley Muller on Jul 31st, 2026

The Manufacturers Life Insurance Company grew its stake in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS – Free Report) by 3,402.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 491,745 shares of the semiconductor company’s stock after buying an additional 477,705 shares during the period. The Manufacturers Life Insurance Company’s holdings in Axcelis Technologies were worth $45,772,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in ACLS. Parallel Advisors LLC lifted its position in Axcelis Technologies by 22.0% in the 1st quarter. Parallel Advisors LLC now owns 665 shares of the semiconductor company’s stock worth $62,000 after buying an additional 120 shares during the last quarter. Larson Financial Group LLC raised its stake in shares of Axcelis Technologies by 17.8% during the fourth quarter. Larson Financial Group LLC now owns 933 shares of the semiconductor company’s stock worth $75,000 after acquiring an additional 141 shares in the last quarter. CWM LLC raised its stake in shares of Axcelis Technologies by 5.8% during the fourth quarter. CWM LLC now owns 2,623 shares of the semiconductor company’s stock worth $211,000 after acquiring an additional 143 shares in the last quarter. Vise Technologies Inc. lifted its holdings in shares of Axcelis Technologies by 7.5% in the 4th quarter. Vise Technologies Inc. now owns 2,937 shares of the semiconductor company’s stock worth $236,000 after acquiring an additional 204 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Axcelis Technologies by 21.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,163 shares of the semiconductor company’s stock valued at $95,000 after purchasing an additional 206 shares in the last quarter. Institutional investors own 89.98% of the company’s stock.

Analyst Ratings Changes

ACLS has been the subject of several recent research reports. Zacks Research raised shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Weiss Ratings downgraded Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 12th. B. Riley Financial raised Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price for the company in a research note on Monday, April 20th. Finally, Bank of America increased their target price on Axcelis Technologies from $130.00 to $156.00 and gave the company an “underperform” rating in a report on Tuesday, June 23rd. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $130.25.

Get Our Latest Stock Analysis on Axcelis Technologies

Axcelis Technologies Stock Up 11.7%

Shares of NASDAQ:ACLS opened at $125.21 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 market cap of $3.85 billion, a PE ratio of 39.01, a P/E/G ratio of 7.93 and a beta of 1.88. 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 stock’s 50-day moving average is $155.00 and its 200 day moving average is $122.80.

Axcelis Technologies (NASDAQ:ACLS – Get Free Report) last released its quarterly earnings data 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 quarter last year, the business posted $0.88 EPS. The business’s revenue 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 anticipate that Axcelis Technologies, Inc. will post 3.21 EPS for the current year.

Insider Activity at Axcelis Technologies

In related news, VP Todd Sutton sold 2,574 shares of Axcelis Technologies stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $163.89, for a total value of $421,852.86. Following the sale, the vice president owned 7,817 shares in the company, valued at $1,281,128.13. The trade was a 24.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Greg Redinbo sold 2,883 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $160.85, for a total transaction of $463,730.55. Following the transaction, the executive vice president directly owned 29,823 shares in the company, valued at approximately $4,797,029.55. The trade was a 8.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 33,551 shares of company stock valued at $5,171,641 over the last 90 days. Company insiders own 0.49% of the company’s stock.

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.