Necip Sayiner Sells 1,586 Shares of Axcelis Technologies (NASDAQ:ACLS) Stock

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

Axcelis Technologies Stock Up 1.7%

NASDAQ ACLS traded up $2.68 on Thursday, reaching $161.87. 719,706 shares of the stock traded hands, compared to its average volume of 750,205. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.99 and a current ratio of 4.59. The company has a fifty day moving average price of $132.57 and a 200-day moving average price of $102.49. The company has a market cap of $4.97 billion, a price-to-earnings ratio of 50.43, a PEG ratio of 11.24 and a beta of 1.91. Axcelis Technologies, Inc. has a 12 month low of $59.99 and a 12 month high of $171.61.

Axcelis Technologies (NASDAQ:ACLS) last issued its earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share for the quarter, beating 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%.Axcelis Technologies’s revenue was up 3.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.88 EPS. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. As a group, research analysts forecast that Axcelis Technologies, Inc. will post 3.21 EPS for the current fiscal year.

Hedge Funds Weigh In On Axcelis Technologies

Institutional investors and hedge funds have recently bought and sold shares of the company. REAP Financial Group LLC purchased a new position in Axcelis Technologies in the fourth quarter worth $25,000. Close Asset Management Ltd purchased a new stake in Axcelis Technologies in the third quarter valued at about $27,000. EverSource Wealth Advisors LLC raised its stake in Axcelis Technologies by 145.1% in the second quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 267 shares during the last quarter. Caitlin John LLC purchased a new stake in Axcelis Technologies in the third quarter valued at about $32,000. Finally, Advisory Services Network LLC purchased a new stake in Axcelis Technologies in the third quarter valued at about $32,000. 89.98% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ACLS has been the subject of several recent research reports. B. Riley Financial raised Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price target for the company in a research report on Monday, April 20th. Zacks Research raised Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Finally, Weiss Ratings lowered Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average 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.