24,000 Shares in Axcelis Technologies, Inc. $ACLS Bought by Paradigm Capital Management Inc. NY

Paradigm Capital Management Inc. NY bought a new position in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 24,000 shares of the semiconductor company’s stock, valued at approximately $4,547,000.

Other institutional investors also recently bought and sold shares of the company. REAP Financial Group LLC acquired a new stake in shares of Axcelis Technologies in the fourth quarter worth about $25,000. EverSource Wealth Advisors LLC increased its holdings in shares of Axcelis Technologies by 145.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 267 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of Axcelis Technologies in the 3rd quarter valued at approximately $32,000. Leonteq Securities AG bought a new position in shares of Axcelis Technologies in the 4th quarter valued at approximately $40,000. Finally, Clearstead Advisors LLC lifted its holdings in Axcelis Technologies by 197.1% in the 4th quarter. Clearstead Advisors LLC now owns 719 shares of the semiconductor company’s stock worth $58,000 after purchasing an additional 477 shares during the last quarter. 89.98% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Necip Sayiner sold 1,586 shares of the business’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $157.44, for a total transaction of $249,699.84. Following the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Todd Sutton sold 2,000 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were 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 of the company’s stock, valued at approximately $1,017,536.40. The trade was a 23.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.49% of the stock is owned by insiders.

Axcelis Technologies Trading Down 2.8%

Shares of NASDAQ:ACLS opened at $123.49 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.21 and a current ratio of 4.90. The stock’s 50-day moving average is $145.97 and its 200-day moving average is $127.93. The company has a market cap of $3.81 billion, a P/E ratio of 41.44, a P/E/G ratio of 3.88 and a beta of 1.92. Axcelis Technologies, Inc. has a 52-week low of $73.60 and a 52-week high of $193.78.

Axcelis Technologies (NASDAQ:ACLS) last posted its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.06 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.17. Axcelis Technologies had a return on equity of 11.69% and a net margin of 10.71%.The business had revenue of $215.18 million during the quarter, compared to analysts’ expectations of $205.03 million. During the same quarter in the previous year, the firm earned $1.13 EPS. The firm’s revenue was up 10.6% compared to the same quarter last year. Axcelis Technologies has set its Q3 2026 guidance at 1.110-1.110 EPS. Equities research analysts predict that Axcelis Technologies, Inc. will post 3.39 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ACLS. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Axcelis Technologies in a research report on Friday, August 7th. Bank of America lifted their price target on shares of Axcelis Technologies from $130.00 to $156.00 and gave the company an “underperform” rating in a research report on Tuesday, June 23rd. Finally, Craig Hallum cut shares of Axcelis Technologies from a “buy” rating to a “hold” rating and set a $140.00 price objective for the company. in a research note on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $132.20.

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.