Christopher Tatnall Sells 1,166 Shares of Axcelis Technologies (NASDAQ:ACLS) Stock

by · The Cerbat Gem

Axcelis Technologies, Inc. (NASDAQ:ACLS – Get Free Report) EVP Christopher Tatnall sold 1,166 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $149.75, for a total value of $174,608.50. Following the completion of the transaction, the executive vice president owned 27,627 shares in the company, valued at $4,137,143.25. The trade was a 4.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Axcelis Technologies Price Performance

ACLS traded up $2.95 on Thursday, hitting $152.51. 349,766 shares of the company’s stock traded hands, compared to its average volume of 776,586. The company’s 50 day simple moving average is $118.37 and its 200-day simple moving average is $97.38. The company has a current ratio of 4.59, a quick ratio of 2.99 and a debt-to-equity ratio of 0.04. Axcelis Technologies, Inc. has a one year low of $55.93 and a one year high of $171.61. The firm has a market cap of $4.69 billion, a price-to-earnings ratio of 47.51, a P/E/G ratio of 11.40 and a beta of 1.93.

Axcelis Technologies (NASDAQ:ACLS – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.01. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The business had revenue of $198.96 million during the quarter, compared to the consensus estimate of $195.03 million. During the same period in the prior year, the company posted $0.88 EPS. The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. As a group, research analysts anticipate that Axcelis Technologies, Inc. will post 2.86 EPS for the current year.

Wall Street Analyst Weigh In

ACLS has been the subject of several research analyst reports. B. Riley Financial raised shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price for the company in a research note on Monday, April 20th. Zacks Research upgraded shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Finally, Weiss Ratings downgraded shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 12th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Axcelis Technologies presently has a consensus rating of “Hold” and a consensus price target of $116.25.

View Our Latest Stock Analysis on ACLS

Institutional Investors Weigh In On Axcelis Technologies

A number of hedge funds have recently made changes to their positions in ACLS. REAP Financial Group LLC purchased a new stake in shares of Axcelis Technologies in the fourth quarter worth about $25,000. Close Asset Management Ltd purchased a new stake in shares of Axcelis Technologies in the third quarter worth about $27,000. EverSource Wealth Advisors LLC lifted its position in shares of Axcelis Technologies by 145.1% in the second quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock worth $31,000 after buying an additional 267 shares in the last quarter. Caitlin John LLC purchased a new stake in shares of Axcelis Technologies in the third quarter worth about $32,000. Finally, Advisory Services Network LLC purchased a new stake in shares of Axcelis Technologies in the third quarter worth about $32,000. 89.98% of the stock is currently owned by hedge funds and other institutional investors.

About Axcelis Technologies

(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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