Christopher Tatnall Sells 1,166 Shares of Axcelis Technologies (NASDAQ:ACLS) Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) EVP Christopher Tatnall sold 1,166 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $149.75, for a total value of $174,608.50. Following the sale, the executive vice president owned 27,627 shares in the company, valued at $4,137,143.25. This trade represents a 4.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Axcelis Technologies Price Performance

Shares of NASDAQ:ACLS opened at $156.94 on Friday. The company has a market cap of $4.82 billion, a P/E ratio of 48.89, a P/E/G ratio of 12.14 and a beta of 1.93. The business has a fifty day simple moving average of $121.12 and a 200-day simple moving average of $98.30. Axcelis Technologies, Inc. has a 52 week low of $55.93 and a 52 week high of $171.61. The company has a quick ratio of 2.99, a current ratio of 4.59 and a debt-to-equity ratio of 0.04.

Axcelis Technologies (NASDAQ:ACLS) last released its 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 return on equity of 12.19% and a net margin of 11.93%.The firm had revenue of $198.96 million during the quarter, compared to analyst estimates of $195.03 million. During the same period in the prior year, the firm posted $0.88 earnings per share. The business’s quarterly revenue was up 3.3% compared to the same quarter last year. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Equities research analysts forecast that Axcelis Technologies, Inc. will post 2.86 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of ACLS. Close Asset Management Ltd acquired a new stake in shares of Axcelis Technologies in the third quarter worth $27,000. REAP Financial Group LLC acquired a new position in shares of Axcelis Technologies during the 4th quarter valued at $25,000. Advisory Services Network LLC purchased a new stake in Axcelis Technologies during the 3rd quarter worth $32,000. Caitlin John LLC purchased a new stake in Axcelis Technologies during the 3rd quarter worth $32,000. Finally, EverSource Wealth Advisors LLC increased its holdings in 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. Hedge funds and other institutional investors own 89.98% of the company’s stock.

Wall Street Analyst Weigh In

ACLS has been the topic of a number of research analyst reports. Zacks Research upgraded shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. B. Riley Financial upgraded Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price objective for the company in a report on Monday, April 20th. Finally, Weiss Ratings cut Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 12th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $116.25.

Axcelis Technologies Company Profile

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.