Empirical Financial Services LLC d.b.a. Empirical Wealth Management Takes $450,000 Position in Axcelis Technologies, Inc. $ACLS

Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in Axcelis Technologies, Inc. (NASDAQ:ACLS) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 5,607 shares of the semiconductor company’s stock, valued at approximately $450,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC grew its holdings in Axcelis Technologies by 142.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 266,015 shares of the semiconductor company’s stock valued at $22,909,000 after buying an additional 156,387 shares in the last quarter. Net Worth Advisory Group increased its stake in shares of Axcelis Technologies by 13.4% in the 4th quarter. Net Worth Advisory Group now owns 4,024 shares of the semiconductor company’s stock worth $323,000 after acquiring an additional 477 shares during the last quarter. Moody National Bank Trust Division raised its holdings in shares of Axcelis Technologies by 83.8% during the 4th quarter. Moody National Bank Trust Division now owns 4,834 shares of the semiconductor company’s stock worth $388,000 after acquiring an additional 2,204 shares during the period. SG Americas Securities LLC acquired a new position in shares of Axcelis Technologies during the 4th quarter valued at about $1,138,000. Finally, NorthCrest Asset Manangement LLC acquired a new position in shares of Axcelis Technologies during the 4th quarter valued at about $211,000. Hedge funds and other institutional investors own 89.98% of the company’s stock.

Insider Buying and Selling

In other Axcelis Technologies news, CEO Russell Low sold 1,244 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $94.06, for a total value of $117,010.64. Following 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 document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jorge Titinger sold 1,000 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $80.00, for a total value of $80,000.00. Following the transaction, the director owned 6,477 shares of the company’s stock, valued at approximately $518,160. This represents a 13.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.48% of the company’s stock.

Axcelis Technologies Price Performance

Shares of NASDAQ:ACLS opened at $95.09 on Monday. The company has a market capitalization of $2.92 billion, a price-to-earnings ratio of 25.09, a PEG ratio of 11.37 and a beta of 1.65. Axcelis Technologies, Inc. has a 12-month low of $40.40 and a 12-month high of $102.93. The business has a 50-day moving average price of $87.88 and a 200 day moving average price of $87.01. The company has a current ratio of 4.77, a quick ratio of 3.11 and a debt-to-equity ratio of 0.04.

Axcelis Technologies (NASDAQ:ACLS) last posted its earnings results on Tuesday, February 17th. The semiconductor company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.37. Axcelis Technologies had a net margin of 14.33% and a return on equity of 13.73%. The company had revenue of $238.33 million for the quarter, compared to analysts’ expectations of $215.04 million. During the same quarter in the prior year, the company posted $1.54 earnings per share. Axcelis Technologies’s revenue for the quarter was down 5.6% compared to the same quarter last year. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. Sell-side analysts expect that Axcelis Technologies, Inc. will post 2.55 EPS for the current year.

Analysts Set New Price Targets

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

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.