5,385 Shares in Axcelis Technologies, Inc. $ACLS Acquired by Ausbil Investment Management Ltd

Key Points

• Ausbil Investment Management Ltd has acquired 5,385 shares of Axcelis Technologies, valued at approximately $375,000, marking a new investment in the semiconductor company.
• Institutional investors own 89.98% of Axcelis Technologies' stock, with notable increases in stake from Fifth Third Bancorp and Versant Capital Management.
• Wall Street analysts maintain a consensus rating of "Hold" with a target price increase to $90.00, reflecting mixed sentiments about the stock's performance.

Ausbil Investment Management Ltd purchased a new position in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,385 shares of the semiconductor company's stock, valued at approximately $375,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Fifth Third Bancorp grew its stake in Axcelis Technologies by 160.5% during the first quarter. Fifth Third Bancorp now owns 581 shares of the semiconductor company's stock worth $29,000 after buying an additional 358 shares during the period. Versant Capital Management Inc grew its stake in Axcelis Technologies by 118.7% during the first quarter. Versant Capital Management Inc now owns 584 shares of the semiconductor company's stock worth $29,000 after buying an additional 317 shares during the period. MassMutual Private Wealth & Trust FSB grew its stake in Axcelis Technologies by 50.3% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 481 shares of the semiconductor company's stock worth $34,000 after buying an additional 161 shares during the period. Bayforest Capital Ltd purchased a new stake in Axcelis Technologies during the first quarter worth approximately $38,000. Finally, Parallel Advisors LLC grew its stake in Axcelis Technologies by 129.0% during the second quarter. Parallel Advisors LLC now owns 545 shares of the semiconductor company's stock worth $38,000 after buying an additional 307 shares during the period. Institutional investors and hedge funds own 89.98% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. B. Riley boosted their price objective on shares of Axcelis Technologies from $58.00 to $75.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 18th. DA Davidson boosted their price objective on shares of Axcelis Technologies from $75.00 to $90.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Axcelis Technologies presently has a consensus rating of "Hold" and a consensus target price of $90.00.

Axcelis Technologies Trading Up 0.4%

NASDAQ ACLS opened at $97.48 on Friday. Axcelis Technologies, Inc. has a 12 month low of $40.40 and a 12 month high of $109.47. The company has a debt-to-equity ratio of 0.04, a current ratio of 6.01 and a quick ratio of 4.26. The company has a market capitalization of $3.06 billion, a price-to-earnings ratio of 19.93 and a beta of 1.73. The company's fifty day moving average price is $81.90 and its two-hundred day moving average price is $66.91.

Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last issued its earnings results on Tuesday, August 5th. The semiconductor company reported $1.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.73 by $0.40. The company had revenue of $194.54 million for the quarter, compared to analysts' expectations of $185.15 million. Axcelis Technologies had a net margin of 17.69% and a return on equity of 16.26%. The firm's revenue was down 24.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.55 earnings per share. Axcelis Technologies has set its Q3 2025 guidance at 1.000-1.000 EPS. As a group, research analysts predict that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current fiscal year.

About Axcelis Technologies

Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia Pacific. The company offers high energy, high current, and medium current implanters for various application requirements.

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