AlphaQuest LLC Invests $1.35 Million in Axcelis Technologies, Inc. $ACLS

AlphaQuest LLC purchased a new position in Axcelis Technologies, Inc. (NASDAQ:ACLS) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 13,793 shares of the semiconductor company’s stock, valued at approximately $1,347,000.

A number of other large investors have also added to or reduced their stakes in ACLS. Vanguard Personalized Indexing Management LLC increased its holdings in shares of Axcelis Technologies by 2.3% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 9,243 shares of the semiconductor company’s stock valued at $902,000 after acquiring an additional 207 shares in the last quarter. Salomon & Ludwin LLC purchased a new stake in Axcelis Technologies during the 3rd quarter valued at about $25,000. EverSource Wealth Advisors LLC grew its position in 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 purchasing an additional 267 shares during the last quarter. California State Teachers Retirement System increased its stake in Axcelis Technologies by 1.2% during the 2nd quarter. California State Teachers Retirement System now owns 30,130 shares of the semiconductor company’s stock valued at $2,100,000 after purchasing an additional 358 shares in the last quarter. Finally, Parkside Financial Bank & Trust raised its holdings in Axcelis Technologies by 48.5% in the second quarter. Parkside Financial Bank & Trust now owns 1,105 shares of the semiconductor company’s stock worth $77,000 after buying an additional 361 shares during the last quarter. Hedge funds and other institutional investors own 89.98% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Bank of America increased their price target on shares of Axcelis Technologies from $90.00 to $100.00 and gave the company an “underperform” rating in a report on Tuesday, January 13th. Zacks Research downgraded Axcelis Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 5th. Weiss Ratings restated a “hold (c-)” rating on shares of Axcelis Technologies in a research note on Monday, December 22nd. Wall Street Zen downgraded Axcelis Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 3rd. Finally, B. Riley lifted their price objective on Axcelis Technologies from $84.00 to $94.00 and gave the stock a “neutral” rating in a report on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $102.25.

Axcelis Technologies Price Performance

NASDAQ ACLS opened at $88.07 on Friday. The stock has a market capitalization of $2.70 billion, a price-to-earnings ratio of 20.82 and a beta of 1.73. Axcelis Technologies, Inc. has a 1-year low of $40.40 and a 1-year high of $102.93. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.95 and a quick ratio of 3.32. The business’s fifty day moving average price is $87.51 and its 200-day moving average price is $84.19.

Axcelis Technologies (NASDAQ:ACLS) last posted its quarterly earnings data on Tuesday, November 4th. The semiconductor company reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.20. Axcelis Technologies had a return on equity of 14.58% and a net margin of 15.93%.The company had revenue of $213.61 million during the quarter, compared to analysts’ expectations of $200.06 million. During the same quarter in the prior year, the business earned $1.49 earnings per share. Axcelis Technologies’s revenue for the quarter was down 16.8% compared to the same quarter last year. Axcelis Technologies has set its Q4 2025 guidance at 1.120-1.120 EPS. On average, equities analysts predict that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current year.

Insider Activity at Axcelis Technologies

In related news, EVP Gerald M. Blumenstock sold 3,034 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $89.46, for a total value of $271,421.64. Following the transaction, the executive vice president owned 18,661 shares of the company’s stock, valued at approximately $1,669,413.06. This trade represents a 13.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Jorge Titinger sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $86.05, for a total transaction of $172,100.00. Following the sale, the director owned 7,477 shares of the company’s stock, valued at $643,395.85. This trade represents a 21.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.48% of the stock is owned by corporate insiders.

Axcelis Technologies 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.