Axcelis Technologies (NASDAQ:ACLS) CEO Sells $172,741.84 in Stock

Key Points

• CEO Russell Low sold 1,244 shares on May 1 at an average price of $138.86 for $172,741.84 under a pre-arranged Rule 10b5-1 plan, reducing his stake by 0.94% to 131,038 shares valued at about $18.2 million.
• Axcelis beat Q results (EPS $1.49 vs. $1.12 expected; revenue $238.3M vs. $215.0M) despite a 5.6% YoY revenue decline, the stock traded around $141.87 (near its 1‑year high) and analysts’ consensus is a "Hold" with a $116.25 target, though some firms have raised forecasts (e.g., B. Riley $150 target).

Axcelis Technologies, Inc. (NASDAQ:ACLS - Get Free Report) CEO Russell Low sold 1,244 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $138.86, for a total value of $172,741.84. Following the sale, the chief executive officer owned 131,038 shares of the company's stock, valued at approximately $18,195,936.68. This represents a 0.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Russell Low also recently made the following trade(s):

• On Wednesday, April 1st, Russell Low sold 1,244 shares of Axcelis Technologies stock. The shares were sold at an average price of $94.06, for a total value of $117,010.64.

Axcelis Technologies Stock Up 1.3%

ACLS stock traded up $1.88 during mid-day trading on Monday, hitting $141.87. The stock had a trading volume of 445,952 shares, compared to its average volume of 774,668. 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, Inc. has a 1-year low of $50.82 and a 1-year high of $147.94. The company has a fifty day moving average of $100.79 and a 200 day moving average of $91.18. The stock has a market capitalization of $4.36 billion, a price-to-earnings ratio of 37.43, a PEG ratio of 16.73 and a beta of 1.93.

Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last announced its quarterly earnings results on Tuesday, February 17th. The semiconductor company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.37. The business had revenue of $238.33 million during the quarter, compared to analyst estimates of $215.04 million. Axcelis Technologies had a return on equity of 13.73% and a net margin of 14.33%.The firm's revenue was down 5.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.54 EPS. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. On average, equities analysts expect that Axcelis Technologies, Inc. will post 2.86 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on ACLS. Bank of America boosted their price target 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 raised Axcelis Technologies from a "neutral" rating to a "buy" rating and set a $150.00 price target for the company in a research note on Monday, April 20th. Weiss Ratings raised Axcelis Technologies from a "hold (c-)" rating to a "hold (c)" rating in a research note on Wednesday, April 22nd. Finally, Zacks Research raised Axcelis Technologies from a "strong sell" rating to a "hold" rating in a research note on Monday, April 20th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Axcelis Technologies currently has an average rating of "Hold" and a consensus target price of $116.25.

Institutional Investors Weigh In On Axcelis Technologies

A number of large investors have recently added to or reduced their stakes in ACLS. Victory Capital Management Inc. boosted its position in Axcelis Technologies by 85.9% during the fourth quarter. Victory Capital Management Inc. now owns 1,807,404 shares of the semiconductor company's stock worth $145,207,000 after purchasing an additional 835,242 shares during the period. LSV Asset Management bought a new stake in Axcelis Technologies during the third quarter worth approximately $30,747,000. Invesco Ltd. boosted its position in Axcelis Technologies by 176.6% during the third quarter. Invesco Ltd. now owns 386,735 shares of the semiconductor company's stock worth $37,761,000 after purchasing an additional 246,939 shares during the period. Balyasny Asset Management L.P. boosted its position in Axcelis Technologies by 10,368.7% during the fourth quarter. Balyasny Asset Management L.P. now owns 243,503 shares of the semiconductor company's stock worth $19,563,000 after purchasing an additional 241,177 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its position in Axcelis Technologies by 142.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 266,015 shares of the semiconductor company's stock worth $22,909,000 after purchasing an additional 156,387 shares during the period. Institutional investors own 89.98% of the company's stock.

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.

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