Jorge Titinger Sells 1,000 Shares of Axcelis Technologies (NASDAQ:ACLS) Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) Director Jorge Titinger sold 1,000 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $80.00, for a total transaction of $80,000.00. Following the completion of the sale, the director owned 6,477 shares in the company, valued at $518,160. This represents a 13.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Jorge Titinger also recently made the following trade(s):

• On Wednesday, December 17th, Jorge Titinger sold 2,000 shares of Axcelis Technologies stock. The shares were sold at an average price of $86.05, for a total transaction of $172,100.00.

Axcelis Technologies Trading Up 3.8%

Shares of ACLS stock opened at $81.77 on Wednesday. The company has a market capitalization of $2.51 billion, a PE ratio of 21.58, a price-to-earnings-growth ratio of 9.42 and a beta of 1.77. Axcelis Technologies, Inc. has a 52-week low of $40.40 and a 52-week high of $102.93. The business’s fifty day moving average is $87.78 and its 200 day moving average is $85.80. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.11 and a current ratio of 4.77.

Axcelis Technologies (NASDAQ:ACLS) last posted 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. Axcelis Technologies had a return on equity of 13.73% and a net margin of 14.33%.The business had revenue of $238.33 million during the quarter, compared to analysts’ expectations of $215.04 million. During the same period in the previous year, the business earned $1.54 earnings per share. The firm’s revenue was down 5.6% on a year-over-year basis. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. On average, equities research analysts anticipate that Axcelis Technologies, Inc. will post 2.55 EPS for the current fiscal year.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Allspring Global Investments Holdings LLC lifted its position in Axcelis Technologies by 1,344.8% in the third quarter. Allspring Global Investments Holdings LLC now owns 109,628 shares of the semiconductor company’s stock valued at $10,388,000 after purchasing an additional 102,040 shares during the last quarter. Summit Global Investments bought a new stake in Axcelis Technologies during the 3rd quarter valued at $789,000. Squarepoint Ops LLC boosted its position in Axcelis Technologies by 37.0% during the 2nd quarter. Squarepoint Ops LLC now owns 100,023 shares of the semiconductor company’s stock valued at $6,971,000 after buying an additional 27,021 shares during the period. AlphaQuest LLC bought a new stake in Axcelis Technologies in the 3rd quarter worth $1,347,000. Finally, Boston Partners increased its position in shares of Axcelis Technologies by 42.3% in the second quarter. Boston Partners now owns 474,043 shares of the semiconductor company’s stock valued at $33,616,000 after acquiring an additional 141,004 shares during the period. 89.98% of the stock is owned by institutional investors.

Axcelis Technologies Company 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.