Axcelis Technologies (NASDAQ:ACLS) EVP Robert John Mahoney Sells 2,258 Shares of Stock

Axcelis Technologies, Inc. (NASDAQ:ACLSGet Free Report) EVP Robert John Mahoney sold 2,258 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $161.00, for a total transaction of $363,538.00. Following the completion of the transaction, the executive vice president owned 12,759 shares in the company, valued at approximately $2,054,199. The trade was a 15.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Axcelis Technologies Stock Up 0.3%

Axcelis Technologies stock opened at $162.15 on Thursday. Axcelis Technologies, Inc. has a 12 month low of $55.93 and a 12 month high of $171.61. The stock has a fifty day simple moving average of $111.75 and a two-hundred day simple moving average of $94.97. The company has a current ratio of 4.59, a quick ratio of 2.99 and a debt-to-equity ratio of 0.04. The firm has a market cap of $4.98 billion, a price-to-earnings ratio of 50.51, a PEG ratio of 12.87 and a beta of 1.93.

Axcelis Technologies (NASDAQ:ACLSGet Free Report) last issued its earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $195.03 million. During the same quarter in the previous year, the firm earned $0.88 EPS. Axcelis Technologies’s revenue was up 3.3% on a year-over-year basis. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Equities analysts predict that Axcelis Technologies, Inc. will post 2.86 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ACLS. Weiss Ratings cut Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday. B. Riley Financial raised Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price on the stock in a report on Monday, April 20th. Finally, Zacks Research upgraded Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Three equities research 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. Based on data from MarketBeat, Axcelis Technologies presently has an average rating of “Hold” and a consensus target price of $116.25.

Check Out Our Latest Report on Axcelis Technologies

Institutional Trading of Axcelis Technologies

Several hedge funds have recently bought and sold shares of the stock. REAP Financial Group LLC purchased a new position in shares of Axcelis Technologies during the 4th quarter valued at about $25,000. Close Asset Management Ltd purchased a new position in Axcelis Technologies during the third quarter valued at approximately $27,000. EverSource Wealth Advisors LLC boosted its position in shares of Axcelis Technologies by 145.1% in the second quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 267 shares during the period. Caitlin John LLC purchased a new stake in shares of Axcelis Technologies in the third quarter worth $32,000. Finally, Advisory Services Network LLC purchased a new stake in shares of Axcelis Technologies in the third quarter worth $32,000. 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.

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Insider Buying and Selling by Quarter for Axcelis Technologies (NASDAQ:ACLS)

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