Nisa Investment Advisors LLC Has $209,000 Stock Holdings in Axcelis Technologies, Inc. $ACLS

Nisa Investment Advisors LLC lifted its position in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 277.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,002 shares of the semiconductor company’s stock after acquiring an additional 2,206 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Axcelis Technologies were worth $209,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Axcelis Technologies by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 4,439,902 shares of the semiconductor company’s stock valued at $220,530,000 after acquiring an additional 43,768 shares in the last quarter. Reinhart Partners LLC. boosted its holdings in shares of Axcelis Technologies by 5.4% during the 2nd quarter. Reinhart Partners LLC. now owns 1,518,544 shares of the semiconductor company’s stock valued at $105,828,000 after acquiring an additional 77,522 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Axcelis Technologies by 7.6% during the 1st quarter. American Century Companies Inc. now owns 1,140,495 shares of the semiconductor company’s stock valued at $56,648,000 after acquiring an additional 80,399 shares in the last quarter. Boston Trust Walden Corp boosted its holdings in shares of Axcelis Technologies by 2.4% during the 2nd quarter. Boston Trust Walden Corp now owns 845,911 shares of the semiconductor company’s stock valued at $58,952,000 after acquiring an additional 19,579 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Axcelis Technologies by 7.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company’s stock valued at $31,560,000 after acquiring an additional 44,275 shares in the last quarter. Institutional investors and hedge funds own 89.98% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on ACLS shares. Wall Street Zen raised Axcelis Technologies from a “hold” rating to a “buy” rating in a research report on Sunday. DA Davidson raised their target price on Axcelis Technologies from $90.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, October 2nd. Zacks Research lowered Axcelis Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Bank of America lowered Axcelis Technologies from a “neutral” rating to an “underperform” rating and raised their target price for the stock from $81.00 to $90.00 in a research report on Monday, October 13th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Axcelis Technologies in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $97.00.

Axcelis Technologies Stock Performance

Shares of ACLS opened at $82.74 on Tuesday. Axcelis Technologies, Inc. has a one year low of $40.40 and a one year high of $102.93. The company has a market cap of $2.60 billion, a PE ratio of 16.92 and a beta of 1.75. 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 stock has a 50-day moving average of $86.12 and a 200-day moving average of $73.45.

Axcelis Technologies (NASDAQ:ACLS) last announced its quarterly earnings results on Monday, April 21st. The semiconductor company reported $1.71 earnings per share for the quarter. Axcelis Technologies had a net margin of 17.69% and a return on equity of 16.26%. The business had revenue of $252.42 million for the quarter. On average, equities research analysts predict that Axcelis Technologies, Inc. will post 2.55 EPS for the current fiscal year.

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.