Axcelis Technologies (NASDAQ:ACLS) Director Sells $250,853.58 in Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) Director Jeanne Quirk sold 1,789 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $140.22, for a total value of $250,853.58. Following the transaction, the director directly owned 11,400 shares in the company, valued at $1,598,508. This trade represents a 13.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Axcelis Technologies Stock Performance

NASDAQ ACLS opened at $156.94 on Friday. The stock’s fifty day moving average is $121.12 and its two-hundred day moving average is $98.30. The firm has a market capitalization of $4.82 billion, a P/E ratio of 48.89, a price-to-earnings-growth ratio of 12.14 and a beta of 1.93. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.99 and a current ratio of 4.59. Axcelis Technologies, Inc. has a fifty-two week low of $55.93 and a fifty-two week high of $171.61.

Axcelis Technologies (NASDAQ:ACLS) last announced its quarterly 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 business had revenue of $198.96 million for the quarter, compared to analyst estimates of $195.03 million. During the same quarter in the prior year, the company posted $0.88 EPS. The company’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. On average, research analysts anticipate that Axcelis Technologies, Inc. will post 2.86 earnings per share for the current year.

Hedge Funds Weigh In On Axcelis Technologies

Hedge funds have recently bought and sold shares of the company. REAP Financial Group LLC acquired a new position in Axcelis Technologies during the 4th quarter worth about $25,000. Close Asset Management Ltd purchased a new stake in Axcelis Technologies during the 3rd quarter worth about $27,000. EverSource Wealth Advisors LLC increased its holdings in Axcelis Technologies by 145.1% during the 2nd 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 Axcelis Technologies during the 3rd quarter worth about $32,000. Finally, Advisory Services Network LLC purchased a new stake in Axcelis Technologies during the 3rd quarter worth about $32,000. Institutional investors and hedge funds own 89.98% of the company’s stock.

Wall Street Analyst Weigh In

ACLS has been the topic of several recent analyst reports. Zacks Research raised Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. B. Riley Financial raised Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price target on the stock in a research note on Monday, April 20th. Finally, Weiss Ratings lowered Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 12th. Three investment 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 has a consensus rating of “Hold” and a consensus target price 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.