Axcelis Technologies, Inc. (NASDAQ:ACLS) Stock Holdings Increased by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. raised its holdings in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 102.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,093 shares of the semiconductor company’s stock after acquiring an additional 2,575 shares during the period. Asset Management One Co. Ltd.’s holdings in Axcelis Technologies were worth $674,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of ACLS. Ronald Blue Trust Inc. raised its stake in shares of Axcelis Technologies by 74.7% in the 3rd quarter. Ronald Blue Trust Inc. now owns 152 shares of the semiconductor company’s stock worth $25,000 after buying an additional 65 shares in the last quarter. NBC Securities Inc. bought a new stake in shares of Axcelis Technologies in the 3rd quarter worth $28,000. Money Concepts Capital Corp bought a new stake in shares of Axcelis Technologies in the 4th quarter worth $30,000. Bessemer Group Inc. raised its stake in shares of Axcelis Technologies by 27.5% in the 4th quarter. Bessemer Group Inc. now owns 389 shares of the semiconductor company’s stock worth $31,000 after buying an additional 84 shares in the last quarter. Finally, Public Employees Retirement System of Ohio grew its holdings in shares of Axcelis Technologies by 42.8% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 527 shares of the semiconductor company’s stock worth $32,000 after acquiring an additional 158 shares during the last quarter. Institutional investors own 89.98% of the company’s stock.

Axcelis Technologies Stock Performance

Shares of ACLS stock opened at $104.61 on Friday. Axcelis Technologies, Inc. has a 1-year low of $103.25 and a 1-year high of $201.00. The company has a current ratio of 3.79, a quick ratio of 2.71 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $3.41 billion, a price-to-earnings ratio of 14.08, a P/E/G ratio of 2.30 and a beta of 1.63. The stock’s fifty day simple moving average is $113.15 and its 200-day simple moving average is $127.71.

Axcelis Technologies (NASDAQ:ACLS) last issued its quarterly earnings results on Thursday, February 8th. The semiconductor company reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $1.98 by $0.17. Axcelis Technologies had a return on equity of 31.66% and a net margin of 21.78%. The business had revenue of $310.29 million for the quarter, compared to the consensus estimate of $297.92 million. During the same quarter in the previous year, the company posted $1.71 earnings per share. Axcelis Technologies’s revenue for the quarter was up 16.6% compared to the same quarter last year. On average, sell-side analysts predict that Axcelis Technologies, Inc. will post 6.88 earnings per share for the current fiscal year.

Insider Activity

In other Axcelis Technologies news, EVP Douglas A. Lawson purchased 500 shares of the stock in a transaction dated Friday, February 23rd. The shares were acquired at an average price of $111.04 per share, for a total transaction of $55,520.00. Following the completion of the acquisition, the executive vice president now owns 19,648 shares of the company’s stock, valued at approximately $2,181,713.92. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.43% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages recently issued reports on ACLS. B. Riley decreased their target price on Axcelis Technologies from $180.00 to $165.00 and set a “buy” rating on the stock in a report on Friday, February 9th. B. Riley Financial decreased their target price on Axcelis Technologies from $180.00 to $165.00 and set a “buy” rating on the stock in a report on Friday, February 9th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $189.00.

About Axcelis Technologies

Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia Pacific. The company offers high energy, high current, and medium current implanters for various application requirements.