24,721 Shares in Axcelis Technologies, Inc. $ACLS Bought by Burney Co.

Key Points

• Burney Co. established a new position of 24,721 shares in Axcelis Technologies worth about $1.99 million, representing roughly 0.08% of the company, while institutional investors collectively own about 89.98% of the stock.
• Axcelis beat Q4 expectations with EPS of $1.49 (vs. $1.12 est.) and revenue of $238.33M (vs. $215.04M est.), but revenue was down 5.6% year‑over‑year and Q1 guidance is set at $0.71 EPS.
• Analyst sentiment is mixed—the consensus is a Hold (2 Buy, 2 Hold, 2 Sell) with an average price target of $101.50—and insiders have recently sold shares, including the CEO under a 10b5‑1 plan.

Burney Co. bought a new position in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 24,721 shares of the semiconductor company's stock, valued at approximately $1,986,000. Burney Co. owned about 0.08% of Axcelis Technologies at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC purchased a new position in Axcelis Technologies during the 3rd quarter worth $25,000. Close Asset Management Ltd purchased a new position in Axcelis Technologies during the 3rd quarter worth $27,000. Advisory Services Network LLC purchased a new position in Axcelis Technologies during the 3rd quarter worth $32,000. Caitlin John LLC purchased a new position in Axcelis Technologies during the 3rd quarter worth $32,000. Finally, EverSource Wealth Advisors LLC grew its stake in Axcelis Technologies by 145.1% during 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. 89.98% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Axcelis Technologies Stock Performance

Shares of ACLS opened at $110.74 on Tuesday. The stock has a 50-day moving average of $89.63 and a two-hundred day moving average of $87.31. Axcelis Technologies, Inc. has a one year low of $43.00 and a one year high of $112.82. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.11 and a current ratio of 4.77. The stock has a market cap of $3.40 billion, a P/E ratio of 29.22, a P/E/G ratio of 13.19 and a beta of 1.65.

Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last issued its quarterly earnings results on Tuesday, February 17th. The semiconductor company reported $1.49 EPS for the quarter, topping analysts' consensus estimates of $1.12 by $0.37. Axcelis Technologies had a return on equity of 13.73% and a net margin of 14.33%.The company had revenue of $238.33 million during the quarter, compared to analysts' expectations of $215.04 million. During the same quarter in the previous year, the firm posted $1.54 EPS. The firm's revenue 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. As a group, research analysts predict that Axcelis Technologies, Inc. will post 2.55 EPS for the current year.

Insider Transactions at Axcelis Technologies

In other news, Director Jorge Titinger sold 1,000 shares of the business's stock in a transaction dated Friday, February 20th. The stock was 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 of the company's stock, valued at $518,160. The trade was a 13.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Russell Low sold 1,244 shares of the business's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $94.06, for a total value of $117,010.64. Following the completion of the transaction, the chief executive officer directly 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.48% 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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