Allspring Global Investments Holdings LLC Buys 156,387 Shares of Axcelis Technologies, Inc. $ACLS

Allspring Global Investments Holdings LLC raised its position in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 142.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 266,015 shares of the semiconductor company’s stock after buying an additional 156,387 shares during the period. Allspring Global Investments Holdings LLC owned about 0.87% of Axcelis Technologies worth $22,909,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ACLS. Salomon & Ludwin LLC purchased a new position in shares of Axcelis Technologies during the third quarter valued at approximately $25,000. Close Asset Management Ltd purchased a new stake in shares of Axcelis Technologies in the 3rd quarter worth approximately $27,000. EverSource Wealth Advisors LLC grew its stake in shares of Axcelis Technologies by 145.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock worth $31,000 after buying an additional 267 shares during the last quarter. Caitlin John LLC bought a new position in Axcelis Technologies during the 3rd quarter valued at approximately $32,000. Finally, Advisory Services Network LLC bought a new position in Axcelis Technologies during the 3rd quarter valued at approximately $32,000. Hedge funds and other institutional investors own 89.98% of the company’s stock.

Insiders Place Their Bets

In other Axcelis Technologies news, CEO Russell Low sold 1,244 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $94.06, for a total transaction of $117,010.64. Following the transaction, the chief executive officer owned 132,282 shares of the company’s stock, valued at approximately $12,442,444.92. This trade represents a 0.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jorge Titinger sold 1,000 shares of Axcelis Technologies stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $80.00, for a total value of $80,000.00. Following the completion of the transaction, the director owned 6,477 shares in the company, valued at $518,160. This trade represents a 13.37% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.48% of the stock is currently owned by corporate insiders.

Axcelis Technologies Price Performance

Shares of NASDAQ:ACLS opened at $95.09 on Friday. The company has a market cap of $2.92 billion, a price-to-earnings ratio of 25.09, a PEG ratio of 11.37 and a beta of 1.65. 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 50-day moving average price of $87.88 and a 200 day moving average price of $87.06. Axcelis Technologies, Inc. has a 12 month low of $40.40 and a 12 month high of $102.93.

Axcelis Technologies (NASDAQ:ACLS) last announced its quarterly earnings data on Tuesday, February 17th. The semiconductor company reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.37. The business had revenue of $238.33 million during 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 firm’s quarterly revenue was down 5.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.54 earnings per share. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. As a group, equities research analysts predict that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. B. Riley Financial dropped their price objective 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. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Axcelis Technologies in a report on Monday, December 22nd. Bank of America increased their price target on shares of Axcelis Technologies from $90.00 to $100.00 and gave the stock an “underperform” rating in a research report on Tuesday, January 13th. Zacks Research cut shares of Axcelis Technologies from a “hold” rating to a “strong sell” rating in a research note on Friday, February 20th. Finally, Wall Street Zen downgraded shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 3rd. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target 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.