Axcelis Technologies, Inc. $ACLS Shares Acquired by Sei Investments Co.

Key Points

• Sei Investments increased its Axcelis Technologies stake by 61% in the first quarter, acquiring 17,059 additional shares for a total holding of 45,035 shares worth approximately $4.2 million. Institutional investors collectively own 89.98% of the company.
• Axcelis reported quarterly revenue of $215.2 million, up 10.6% year over year, and non-GAAP EPS of $1.06, exceeding the $0.89 analyst consensus. Management also issued stronger-than-expected third-quarter guidance of $230 million in revenue and $1.11 EPS.
• Analyst sentiment remains mixed, with the stock carrying a consensus “Hold” rating and a $130.25 target price. Shares trade at about 42.6 times earnings, while insiders have sold more than 26,000 shares worth roughly $4 million over the past 90 days.

Sei Investments Co. raised its holdings in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) by 61.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,035 shares of the semiconductor company's stock after buying an additional 17,059 shares during the period. Sei Investments Co. owned about 0.15% of Axcelis Technologies worth $4,192,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. REAP Financial Group LLC acquired a new position in shares of Axcelis Technologies during the 4th quarter valued at $25,000. EverSource Wealth Advisors LLC boosted 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 during the period. Advisory Services Network LLC acquired a new stake in shares of Axcelis Technologies in the third quarter valued at about $32,000. Leonteq Securities AG acquired a new stake in shares of Axcelis Technologies in the fourth quarter valued at about $40,000. Finally, Clearstead Advisors LLC lifted its position in Axcelis Technologies by 197.1% during the 4th quarter. Clearstead Advisors LLC now owns 719 shares of the semiconductor company's stock worth $58,000 after acquiring an additional 477 shares in the last quarter. Institutional investors and hedge funds own 89.98% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Bank of America upped their price target on Axcelis Technologies from $130.00 to $156.00 and gave the stock an "underperform" rating in a report on Tuesday, June 23rd. Weiss Ratings lowered shares of Axcelis Technologies from a "hold (c)" rating to a "hold (c-)" rating in a research note on Tuesday, May 12th. B. Riley Financial upgraded 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. Finally, Zacks Research raised shares of Axcelis Technologies from a "strong sell" rating to a "hold" rating in a report on Monday, April 20th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $130.25.

Axcelis Technologies News Roundup

Here are the key news stories impacting Axcelis Technologies this week:

• Positive Sentiment: Q2 results exceeded expectations: Axcelis reported revenue of $215.2 million, up 10.6% year over year, while non-GAAP diluted EPS was $1.06 versus the $0.89 consensus estimate. Gross margin was 42.7% on a non-GAAP basis, and non-GAAP operating margin was 14.7%. Axcelis Announces Financial Results for Second Quarter 2026
• Positive Sentiment: Strong Q3 outlook: Management guided to earnings of $1.11 per share and revenue of $230 million, ahead of analyst expectations of $1.01 EPS and $214.8 million in revenue. The guidance suggests continued demand for Axcelis’ semiconductor manufacturing equipment. Axcelis Technologies Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Industry outlook remains constructive: Recent coverage points to firming chip-equipment demand and the potential for Axcelis to benefit from ongoing semiconductor capacity expansion, supporting the company’s growth narrative. Axcelis Technologies Draws Eyes as Chip-Gear Demand Firms
• Neutral Sentiment: Investor focus is shifting to execution: The earnings call provided additional detail on quarterly performance, demand trends and the company’s outlook, with the elevated guidance now setting a higher bar for future results. Axcelis Technologies Q2 2026 Earnings Call Transcript
• Negative Sentiment: Year-over-year EPS declined: Quarterly EPS fell from $1.13 a year earlier to $1.06 on a non-GAAP basis, despite the revenue increase. The shares also trade at a relatively high trailing P/E of about 42.6, leaving less room for disappointment.

Axcelis Technologies Price Performance

ACLS stock opened at $136.66 on Friday. The stock's 50 day moving average is $152.66 and its two-hundred day moving average is $124.21. Axcelis Technologies, Inc. has a 52-week low of $73.60 and a 52-week high of $193.78. The company has a market capitalization of $4.20 billion, a PE ratio of 42.57, a P/E/G ratio of 9.68 and a beta of 1.92. The company has a quick ratio of 2.99, a current ratio of 4.59 and a debt-to-equity ratio of 0.04.

Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last released its earnings results on Thursday, August 6th. The semiconductor company reported $1.06 EPS for the quarter, beating the consensus estimate of $0.89 by $0.17. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The company had revenue of $215.18 million during the quarter, compared to analysts' expectations of $205.03 million. During the same period in the prior year, the business posted $1.13 EPS. The business's revenue was up 10.6% on a year-over-year basis. Axcelis Technologies has set its Q3 2026 guidance at 1.110-1.110 EPS. Analysts predict that Axcelis Technologies, Inc. will post 3.21 earnings per share for the current fiscal year.

Insider Activity at Axcelis Technologies

In other news, Director John T. Kurtzweil sold 3,500 shares of the stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $138.79, for a total transaction of $485,765.00. Following the transaction, the director owned 32,990 shares of the company's stock, valued at approximately $4,578,682.10. This trade represents a 9.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Gregory B. Graves sold 3,225 shares of Axcelis Technologies stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $141.61, for a total value of $456,692.25. Following the completion of the transaction, the director owned 5,473 shares of the company's stock, valued at $775,031.53. This trade represents a 37.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 26,083 shares of company stock worth $4,001,032 over the last 90 days. Company insiders own 0.49% 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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