Axcelis Technologies (NASDAQ:ACLS) CEO Sells $172,741.84 in Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) CEO Russell Low sold 1,244 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $138.86, for a total value of $172,741.84. Following the sale, the chief executive officer directly owned 131,038 shares of the company’s stock, valued at $18,195,936.68. The trade was a 0.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Russell Low also recently made the following trade(s):

• On Wednesday, April 1st, Russell Low sold 1,244 shares of Axcelis Technologies stock. The stock was sold at an average price of $94.06, for a total value of $117,010.64.

Axcelis Technologies Stock Performance

Axcelis Technologies stock traded up $1.88 during trading hours on Monday, reaching $141.87. 445,952 shares of the company were exchanged, compared to its average volume of 774,668. The firm has a market cap of $4.36 billion, a price-to-earnings ratio of 37.43, a PEG ratio of 16.73 and a beta of 1.93. The company has a current ratio of 4.77, a quick ratio of 3.11 and a debt-to-equity ratio of 0.04. The stock has a 50-day moving average of $100.79 and a 200 day moving average of $91.18. Axcelis Technologies, Inc. has a 12 month low of $50.82 and a 12 month high of $147.94.

Axcelis Technologies (NASDAQ:ACLS) last posted its quarterly earnings data on Tuesday, February 17th. The semiconductor company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.37. Axcelis Technologies had a return on equity of 13.73% and a net margin of 14.33%.The company had revenue of $238.33 million during the quarter, compared to analysts’ expectations of $215.04 million. During the same period in the prior year, the business earned $1.54 earnings per share. Axcelis Technologies’s revenue for the quarter was down 5.6% compared to the same quarter last year. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. As a group, research analysts anticipate that Axcelis Technologies, Inc. will post 2.86 earnings per share for the current year.

Wall Street Analyst Weigh In

ACLS has been the subject of several research reports. B. Riley Financial raised 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. Bank of America increased their price objective on Axcelis Technologies from $90.00 to $100.00 and gave the company an “underperform” rating in a research report on Tuesday, January 13th. Weiss Ratings raised Axcelis Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, April 22nd. Finally, Zacks Research raised Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Axcelis Technologies currently has a consensus rating of “Hold” and a consensus target price of $116.25.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of ACLS. Victory Capital Management Inc. raised its stake in Axcelis Technologies by 85.9% during the fourth quarter. Victory Capital Management Inc. now owns 1,807,404 shares of the semiconductor company’s stock worth $145,207,000 after acquiring an additional 835,242 shares in the last quarter. LSV Asset Management acquired a new position in Axcelis Technologies during the third quarter worth $30,747,000. Invesco Ltd. raised its stake in Axcelis Technologies by 176.6% during the third quarter. Invesco Ltd. now owns 386,735 shares of the semiconductor company’s stock worth $37,761,000 after acquiring an additional 246,939 shares in the last quarter. Balyasny Asset Management L.P. grew its holdings in shares of Axcelis Technologies by 10,368.7% during the fourth quarter. Balyasny Asset Management L.P. now owns 243,503 shares of the semiconductor company’s stock worth $19,563,000 after purchasing an additional 241,177 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Axcelis Technologies by 142.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 266,015 shares of the semiconductor company’s stock worth $22,909,000 after purchasing an additional 156,387 shares during the last quarter. 89.98% of the stock is currently owned by institutional investors and hedge funds.

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.