Aptus Capital Advisors LLC Acquires Shares of 17,376 Axcelis Technologies, Inc. $ACLS

Key Points

• Aptus Capital Advisors LLC has made a new investment in Axcelis Technologies, purchasing 17,376 shares valued at approximately $863,000 during the first quarter.
• Several institutional investors, including Northern Trust Corp and American Century Companies, have also increased their holdings in Axcelis Technologies, with 89.98% of the stock now owned by such investors.
• Axcelis Technologies reported a $1.13 EPS for the latest quarter, exceeding analysts' estimates, even though revenue declined by 24.2% compared to the previous year.

Aptus Capital Advisors LLC acquired a new stake in Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,376 shares of the semiconductor company's stock, valued at approximately $863,000. Aptus Capital Advisors LLC owned 0.05% of Axcelis Technologies as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Northern Trust Corp grew its holdings in Axcelis Technologies by 2.5% during the first quarter. Northern Trust Corp now owns 401,931 shares of the semiconductor company's stock worth $19,964,000 after acquiring an additional 9,853 shares during the period. Algert Global LLC acquired a new stake in Axcelis Technologies during the first quarter worth about $751,000. American Century Companies Inc. grew its holdings in Axcelis Technologies by 7.6% during the first quarter. American Century Companies Inc. now owns 1,140,495 shares of the semiconductor company's stock worth $56,648,000 after acquiring an additional 80,399 shares during the period. Boston Partners grew its holdings in Axcelis Technologies by 0.9% during the first quarter. Boston Partners now owns 333,039 shares of the semiconductor company's stock worth $16,313,000 after acquiring an additional 2,966 shares during the period. Finally, Caitong International Asset Management Co. Ltd grew its holdings in Axcelis Technologies by 100.3% during the first quarter. Caitong International Asset Management Co. Ltd now owns 1,352 shares of the semiconductor company's stock worth $67,000 after acquiring an additional 677 shares during the period. 89.98% of the stock is owned by institutional investors and hedge funds.

Axcelis Technologies Price Performance

ACLS traded up $2.78 during trading on Friday, hitting $81.29. The company's stock had a trading volume of 493,569 shares, compared to its average volume of 587,617. The company has a current ratio of 6.01, a quick ratio of 4.26 and a debt-to-equity ratio of 0.04. Axcelis Technologies, Inc. has a twelve month low of $40.40 and a twelve month high of $115.37. The business's fifty day simple moving average is $73.83 and its 200 day simple moving average is $62.32. The firm has a market capitalization of $2.55 billion, a price-to-earnings ratio of 16.62 and a beta of 1.58.

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

Analyst Upgrades and Downgrades

ACLS has been the topic of several analyst reports. DA Davidson raised their target price on Axcelis Technologies from $75.00 to $90.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. B. Riley raised their target price on Axcelis Technologies from $58.00 to $75.00 and gave the stock a "neutral" rating in a report on Wednesday, June 18th. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, Axcelis Technologies presently has an average rating of "Hold" and a consensus price target of $90.00.

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.