Axcelis Technologies (NASDAQ:ACLS) CEO Sells $117,010.64 in Stock

Axcelis Technologies, Inc. (NASDAQ:ACLSGet Free Report) CEO Russell Low sold 1,244 shares of the business’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $94.06, for a total transaction of $117,010.64. Following the completion of the sale, the chief executive officer owned 132,282 shares of the company’s stock, valued at $12,442,444.92. The trade was a 0.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Axcelis Technologies Price Performance

NASDAQ ACLS opened at $95.09 on Friday. Axcelis Technologies, Inc. has a 1 year low of $40.40 and a 1 year high of $102.93. The company has a fifty day simple moving average of $87.88 and a 200 day simple moving average of $87.04. The company has a current ratio of 4.77, a quick ratio of 3.11 and a debt-to-equity ratio of 0.04. The company has a market cap of $2.92 billion, a P/E ratio of 25.09, a P/E/G ratio of 11.37 and a beta of 1.65.

Axcelis Technologies (NASDAQ:ACLSGet Free Report) last announced its earnings results on Tuesday, February 17th. The semiconductor company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.12 by $0.37. The firm had revenue of $238.33 million for the quarter, compared to the consensus estimate of $215.04 million. Axcelis Technologies had a net margin of 14.33% and a return on equity of 13.73%. The business’s quarterly revenue was down 5.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.54 EPS. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. On average, sell-side analysts predict that Axcelis Technologies, Inc. will post 2.55 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Bank of America increased their target price on Axcelis Technologies from $90.00 to $100.00 and gave the company an “underperform” rating in a research note on Tuesday, January 13th. B. Riley Financial dropped their price target on Axcelis Technologies from $94.00 to $91.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Zacks Research lowered Axcelis Technologies from a “hold” rating to a “strong sell” rating in a report on Friday, February 20th. Weiss Ratings reissued a “hold (c-)” rating on shares of Axcelis Technologies in a research report on Monday, December 22nd. Finally, Wall Street Zen downgraded shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 3rd. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Axcelis Technologies has an average rating of “Hold” and an average price target of $101.50.

View Our Latest Stock Analysis on ACLS

Institutional Investors Weigh In On Axcelis Technologies

A number of institutional investors have recently added to or reduced their stakes in ACLS. Salomon & Ludwin LLC acquired a new position in Axcelis Technologies in the 3rd quarter valued at approximately $25,000. Close Asset Management Ltd acquired a new stake in shares of Axcelis Technologies during the 3rd quarter worth approximately $27,000. REAP Financial Group LLC acquired a new stake in shares of Axcelis Technologies during the 4th quarter worth approximately $25,000. Advisory Services Network LLC bought a new stake in shares of Axcelis Technologies during the third quarter valued at approximately $32,000. Finally, Caitlin John LLC bought a new stake in shares of Axcelis Technologies during the third quarter valued at approximately $32,000. 89.98% of the stock is owned by institutional investors and hedge funds.

Axcelis Technologies Company Profile

(Get Free Report)

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.

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