Dynamic Technology Lab Private Ltd Invests $1.56 Million in Axcelis Technologies, Inc. $ACLS

Dynamic Technology Lab Private Ltd bought a new position in Axcelis Technologies, Inc. (NASDAQ:ACLS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 19,470 shares of the semiconductor company’s stock, valued at approximately $1,564,000.

Several other hedge funds also recently made changes to their positions in ACLS. LSV Asset Management purchased a new position in shares of Axcelis Technologies in the third quarter worth $30,747,000. Invesco Ltd. increased its stake in shares of Axcelis Technologies by 176.6% in the third quarter. Invesco Ltd. now owns 386,735 shares of the semiconductor company’s stock worth $37,761,000 after buying an additional 246,939 shares during the period. Allspring Global Investments Holdings LLC increased its stake in shares of Axcelis Technologies by 142.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 266,015 shares of the semiconductor company’s stock worth $22,909,000 after buying an additional 156,387 shares during the period. Millennium Management LLC increased its stake in shares of Axcelis Technologies by 143.8% in the third quarter. Millennium Management LLC now owns 261,776 shares of the semiconductor company’s stock worth $25,560,000 after buying an additional 154,381 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in shares of Axcelis Technologies by 27.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 629,814 shares of the semiconductor company’s stock worth $50,599,000 after buying an additional 135,039 shares during the period. 89.98% of the stock is owned by hedge funds and other institutional investors.

Axcelis Technologies Stock Performance

Shares of Axcelis Technologies stock opened at $180.12 on Friday. The stock has a market cap of $5.54 billion, a price-to-earnings ratio of 56.11, a PEG ratio of 12.29 and a beta of 1.91. The firm’s 50-day moving average is $141.96 and its 200 day moving average is $106.47. Axcelis Technologies, Inc. has a 1 year low of $64.25 and a 1 year high of $183.62. 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) last released its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share 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 analysts’ expectations of $195.03 million. During the same period in the previous year, the company earned $0.88 earnings per share. The firm’s quarterly 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 fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ACLS. B. Riley Financial raised shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price on the stock in a research note on Monday, April 20th. Zacks Research raised shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Finally, 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. Three 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. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $116.25.

Insider Transactions at Axcelis Technologies

In related news, CEO Russell Low sold 7,468 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $156.75, for a total value of $1,170,609.00. Following the completion of the sale, the chief executive officer directly owned 123,570 shares of the company’s stock, valued at approximately $19,369,597.50. This represents a 5.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gregory B. Graves sold 3,225 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $141.61, for a total transaction of $456,692.25. Following the sale, the director directly owned 5,473 shares of the company’s stock, valued at approximately $775,031.53. This trade represents a 37.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 36,039 shares of company stock worth $5,461,394. 0.49% of the stock is currently owned by corporate insiders.

Axcelis Technologies 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.