Todd Sutton Sells 2,000 Shares of Axcelis Technologies (NASDAQ:ACLS) Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) VP Todd Sutton sold 2,000 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $159.99, for a total transaction of $319,980.00. Following the transaction, the vice president owned 6,360 shares in the company, valued at approximately $1,017,536.40. This trade represents a 23.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Todd Sutton also recently made the following trade(s):

• On Thursday, May 14th, Todd Sutton sold 2,574 shares of Axcelis Technologies stock. The shares were sold at an average price of $163.89, for a total transaction of $421,852.86.

Axcelis Technologies Stock Down 1.5%

Shares of ACLS stock traded down $2.36 on Thursday, hitting $155.55. The company’s stock had a trading volume of 318,529 shares, compared to its average volume of 763,798. The stock has a market capitalization of $4.78 billion, a price-to-earnings ratio of 48.46, a P/E/G ratio of 13.08 and a beta of 1.93. Axcelis Technologies, Inc. has a fifty-two week low of $55.93 and a fifty-two week high of $171.61. The firm’s fifty day moving average price is $125.64 and its 200-day moving average price is $100.05. 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 posted its earnings results on Thursday, May 7th. The semiconductor company reported $0.72 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $195.03 million. During the same period in the prior year, the business posted $0.88 earnings per share. The business’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. Research analysts anticipate that Axcelis Technologies, Inc. will post 2.86 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on ACLS shares. Zacks Research upgraded Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Weiss Ratings downgraded Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 12th. Finally, B. Riley Financial raised shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price target on the stock in a research report on Monday, April 20th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Axcelis Technologies currently has an average rating of “Hold” and an average price target of $116.25.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. UBS Group AG raised its holdings in Axcelis Technologies by 67.6% in the 4th quarter. UBS Group AG now owns 213,388 shares of the semiconductor company’s stock worth $17,144,000 after acquiring an additional 86,065 shares during the period. Summit Global Investments bought a new position in Axcelis Technologies in the 3rd quarter worth $789,000. AlphaQuest LLC bought a new position in Axcelis Technologies in the 3rd quarter worth $1,347,000. Oliver Luxxe Assets LLC bought a new position in Axcelis Technologies in the 4th quarter worth $1,451,000. Finally, Jackson Creek Investment Advisors LLC bought a new position in Axcelis Technologies in the 3rd quarter worth $2,177,000. Institutional investors own 89.98% of the company’s stock.

About Axcelis Technologies

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.