Royce & Associates LP Sells 28,333 Shares of Axcelis Technologies, Inc. $ACLS

Royce & Associates LP lessened its position in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 19.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 116,375 shares of the semiconductor company’s stock after selling 28,333 shares during the quarter. Royce & Associates LP’s holdings in Axcelis Technologies were worth $9,350,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Victory Capital Management Inc. lifted its stake in shares of Axcelis Technologies by 9.6% in the 3rd quarter. Victory Capital Management Inc. now owns 972,162 shares of the semiconductor company’s stock valued at $90,243,000 after purchasing an additional 85,407 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Axcelis Technologies by 4.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 769,612 shares of the semiconductor company’s stock valued at $75,143,000 after purchasing an additional 34,153 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Axcelis Technologies by 7.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company’s stock valued at $31,560,000 after purchasing an additional 44,275 shares during the period. Grantham Mayo Van Otterloo & Co. LLC lifted its stake in shares of Axcelis Technologies by 0.4% in the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 443,863 shares of the semiconductor company’s stock valued at $43,339,000 after purchasing an additional 1,798 shares during the period. Finally, LSV Asset Management lifted its stake in shares of Axcelis Technologies by 36.4% in the 4th quarter. LSV Asset Management now owns 429,500 shares of the semiconductor company’s stock valued at $34,506,000 after purchasing an additional 114,600 shares during the period. Hedge funds and other institutional investors own 89.98% of the company’s stock.

Insiders Place Their Bets

In other Axcelis Technologies news, EVP Gerald M. Blumenstock sold 1,161 shares of Axcelis Technologies stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $152.70, for a total value of $177,284.70. Following the completion of the sale, the executive vice president owned 20,493 shares of the company’s stock, valued at approximately $3,129,281.10. This trade represents a 5.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jeanne Quirk sold 1,789 shares of Axcelis Technologies 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 completion of the sale, the director directly owned 11,400 shares of the company’s stock, valued at approximately $1,598,508. The trade was a 13.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 34,453 shares of company stock worth $5,211,694. 0.49% of the stock is owned by corporate insiders.

Axcelis Technologies Stock Performance

Shares of ACLS stock opened at $155.55 on Friday. Axcelis Technologies, Inc. has a one year low of $55.93 and a one year high of $171.61. The company’s 50-day moving average is $127.05 and its 200 day moving average is $100.54. The company has a market capitalization of $4.78 billion, a price-to-earnings ratio of 48.46, a price-to-earnings-growth ratio of 11.18 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 (NASDAQ:ACLS) last posted its earnings results on Thursday, May 7th. The semiconductor company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.01. The business had revenue of $198.96 million during the quarter, compared to analyst estimates of $195.03 million. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The company’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.88 EPS. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Sell-side analysts expect that Axcelis Technologies, Inc. will post 3.21 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. B. Riley Financial upgraded Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price for the company in a research note on Monday, April 20th. Zacks Research upgraded Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Finally, Weiss Ratings cut Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 12th. Three 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’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $116.25.

Axcelis Technologies 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.