Axcelis Technologies, Inc. $ACLS Shares Purchased by Advisors Asset Management Inc.

Advisors Asset Management Inc. lifted its position in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 16.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,969 shares of the semiconductor company’s stock after acquiring an additional 276 shares during the period. Advisors Asset Management Inc.’s holdings in Axcelis Technologies were worth $98,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Amundi boosted its holdings in Axcelis Technologies by 12.6% in the first quarter. Amundi now owns 551,047 shares of the semiconductor company’s stock valued at $27,371,000 after purchasing an additional 61,796 shares during the last quarter. Royal Bank of Canada boosted its holdings in Axcelis Technologies by 3.8% in the first quarter. Royal Bank of Canada now owns 117,566 shares of the semiconductor company’s stock valued at $5,838,000 after purchasing an additional 4,324 shares during the last quarter. Paradigm Capital Management Inc. NY boosted its holdings in Axcelis Technologies by 18.3% in the first quarter. Paradigm Capital Management Inc. NY now owns 182,100 shares of the semiconductor company’s stock valued at $9,045,000 after purchasing an additional 28,200 shares during the last quarter. Second Line Capital LLC purchased a new stake in Axcelis Technologies in the first quarter valued at $861,000. Finally, Magnetar Financial LLC purchased a new stake in Axcelis Technologies in the first quarter valued at $621,000. 89.98% of the stock is owned by hedge funds and other institutional investors.

Axcelis Technologies Price Performance

Shares of NASDAQ:ACLS opened at $85.55 on Friday. The company’s fifty day moving average price is $77.42 and its 200 day moving average price is $64.27. Axcelis Technologies, Inc. has a 12 month low of $40.40 and a 12 month high of $110.17. The company has a debt-to-equity ratio of 0.04, a current ratio of 6.01 and a quick ratio of 4.26. The firm has a market capitalization of $2.69 billion, a P/E ratio of 17.49 and a beta of 1.73.

Axcelis Technologies (NASDAQ:ACLS) last announced its quarterly earnings results on Tuesday, August 5th. The semiconductor company reported $1.13 EPS for the quarter, topping the consensus estimate of $0.73 by $0.40. Axcelis Technologies had a net margin of 17.69% and a return on equity of 16.26%. The firm had revenue of $194.54 million for the quarter, compared to analyst estimates of $185.15 million. During the same period last year, the business earned $1.55 EPS. Axcelis Technologies’s revenue for the quarter was down 24.2% compared to the same quarter last year. Axcelis Technologies has set its Q3 2025 guidance at 1.000-1.000 EPS. As a group, sell-side analysts predict that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on ACLS shares. DA Davidson increased their target price on shares of Axcelis Technologies from $75.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. B. Riley increased their price objective on shares of Axcelis Technologies from $58.00 to $75.00 and gave the company a “neutral” rating in a report on Wednesday, June 18th. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $90.00.

Axcelis Technologies Company Profile

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.