State of Alaska Department of Revenue Acquires 1,085 Shares of Axcelis Technologies, Inc. $ACLS

State of Alaska Department of Revenue raised its holdings in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 6.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,097 shares of the semiconductor company’s stock after purchasing an additional 1,085 shares during the period. State of Alaska Department of Revenue owned approximately 0.06% of Axcelis Technologies worth $1,330,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of ACLS. Wealth Enhancement Advisory Services LLC bought a new stake in Axcelis Technologies in the 4th quarter valued at about $298,000. Versant Capital Management Inc boosted its holdings in Axcelis Technologies by 118.7% in the 1st quarter. Versant Capital Management Inc now owns 584 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 317 shares during the period. GAMMA Investing LLC boosted its holdings in Axcelis Technologies by 9,286.1% in the 1st quarter. GAMMA Investing LLC now owns 78,280 shares of the semiconductor company’s stock valued at $3,888,000 after purchasing an additional 77,446 shares during the period. Rhumbline Advisers boosted its holdings in Axcelis Technologies by 6.4% in the 1st quarter. Rhumbline Advisers now owns 96,647 shares of the semiconductor company’s stock valued at $4,800,000 after purchasing an additional 5,805 shares during the period. Finally, Reinhart Partners LLC. boosted its holdings in Axcelis Technologies by 39.1% in the 1st quarter. Reinhart Partners LLC. now owns 1,441,022 shares of the semiconductor company’s stock valued at $71,576,000 after purchasing an additional 404,910 shares during the period. Institutional investors own 89.98% of the company’s stock.

Axcelis Technologies Trading Down 5.2%

ACLS opened at $88.71 on Friday. Axcelis Technologies, Inc. has a twelve month low of $40.40 and a twelve month high of $107.23. The company has a quick ratio of 4.26, a current ratio of 6.01 and a debt-to-equity ratio of 0.04. The company has a fifty day moving average of $83.91 and a 200-day moving average of $68.17. The stock has a market cap of $2.79 billion, a PE ratio of 18.14 and a beta of 1.75.

Axcelis Technologies (NASDAQ:ACLS) last posted its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $1.13 earnings per share 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 company had revenue of $194.54 million during the quarter, compared to analysts’ expectations of $185.15 million. During the same period in the prior year, the company posted $1.55 earnings per share. 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. On average, sell-side analysts predict that Axcelis Technologies, Inc. will post 2.55 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ACLS. Benchmark raised shares of Axcelis Technologies from a “hold” rating to a “buy” rating and set a $105.00 price target for the company in a report on Thursday. DA Davidson upped their price target on shares of Axcelis Technologies from $90.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday. B. Riley upped their price target on shares of Axcelis Technologies from $58.00 to $75.00 and gave the stock a “neutral” rating in a report on Wednesday, June 18th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Axcelis Technologies in a report on Saturday, September 27th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $98.75.

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.