Axcelis Technologies (NASDAQ:ACLS) Director Sells $249,699.84 in Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) Director Necip Sayiner sold 1,586 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $157.44, for a total transaction of $249,699.84. Following the sale, the director owned 7,112 shares of the company’s stock, valued at approximately $1,119,713.28. The trade was a 18.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Axcelis Technologies Stock Down 9.1%

ACLS opened at $147.16 on Friday. The company has a 50 day moving average of $134.84 and a 200 day moving average of $103.37. The company has a market cap of $4.52 billion, a PE ratio of 45.84, a price-to-earnings-growth ratio of 10.42 and a beta of 1.91. Axcelis Technologies, Inc. has a 12 month low of $61.50 and a 12 month high of $171.61. The company has a current ratio of 4.59, a quick ratio of 2.99 and a debt-to-equity ratio of 0.04.

Axcelis Technologies (NASDAQ:ACLS) last released its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.71 by $0.01. The company had revenue of $198.96 million during the quarter, compared to the consensus estimate of $195.03 million. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. Axcelis Technologies’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same period last year, the firm earned $0.88 EPS. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. On average, sell-side analysts expect that Axcelis Technologies, Inc. will post 3.21 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. REAP Financial Group LLC bought a new position in Axcelis Technologies in the 4th quarter valued at $25,000. Close Asset Management Ltd bought a new position in Axcelis Technologies in the 3rd quarter valued at $27,000. EverSource Wealth Advisors LLC boosted its holdings in Axcelis Technologies by 145.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 267 shares during the period. Caitlin John LLC bought a new position in Axcelis Technologies in the 3rd quarter valued at $32,000. Finally, Advisory Services Network LLC bought a new position in Axcelis Technologies in the 3rd quarter valued at $32,000. 89.98% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on ACLS. Zacks Research raised shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Weiss Ratings downgraded shares of 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 objective for the company in a report on Monday, April 20th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target 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.