Gerald Blumenstock Sells 1,015 Shares of Axcelis Technologies (NASDAQ:ACLS) Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) EVP Gerald Blumenstock sold 1,015 shares of Axcelis Technologies stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $162.31, for a total transaction of $164,744.65. Following the completion of the transaction, the executive vice president owned 17,293 shares in the company, valued at approximately $2,806,826.83. This trade represents a 5.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Axcelis Technologies Trading Down 4.0%

Shares of ACLS traded down $6.46 during mid-day trading on Friday, reaching $155.18. The company had a trading volume of 556,297 shares, compared to its average volume of 788,623. 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 stock has a market cap of $4.77 billion, a price-to-earnings ratio of 48.34, a price-to-earnings-growth ratio of 12.91 and a beta of 1.93. The firm has a fifty day simple moving average of $113.26 and a 200-day simple moving average of $95.52. 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 posted its earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.01. The business had revenue of $198.96 million for the quarter, compared to analyst estimates of $195.03 million. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. The business’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.88 EPS. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. On average, sell-side analysts anticipate that Axcelis Technologies, Inc. will post 2.86 EPS for the current fiscal year.

Hedge Funds Weigh In On Axcelis Technologies

A number of institutional investors have recently added to or reduced their stakes in the company. Parallel Advisors LLC lifted its holdings in Axcelis Technologies by 22.0% in the 1st quarter. Parallel Advisors LLC now owns 665 shares of the semiconductor company’s stock worth $62,000 after buying an additional 120 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Axcelis Technologies by 29.7% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 585 shares of the semiconductor company’s stock worth $57,000 after buying an additional 134 shares in the last quarter. Larson Financial Group LLC lifted its holdings in Axcelis Technologies by 17.8% in the 4th quarter. Larson Financial Group LLC now owns 933 shares of the semiconductor company’s stock worth $75,000 after buying an additional 141 shares in the last quarter. CWM LLC lifted its holdings in Axcelis Technologies by 5.8% in the 4th quarter. CWM LLC now owns 2,623 shares of the semiconductor company’s stock worth $211,000 after buying an additional 143 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in Axcelis Technologies by 18.6% in the 3rd quarter. Smartleaf Asset Management LLC now owns 957 shares of the semiconductor company’s stock worth $93,000 after buying an additional 150 shares in the last quarter. Institutional investors and hedge funds own 89.98% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on ACLS shares. B. Riley Financial upgraded shares of 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. Zacks Research upgraded shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Finally, Weiss Ratings lowered shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Axcelis Technologies currently 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.