Axcelis Technologies, Inc. $ACLS Shares Acquired by Vanguard Personalized Indexing Management LLC

Key Points

• Vanguard Personalized Indexing Management LLC increased its holdings in Axcelis Technologies by 70.9%, acquiring an additional 3,750 shares during the 2nd quarter, bringing its total to 9,036 shares valued at approximately $630,000.
• Institutional investors collectively own 89.98% of Axcelis Technologies' stock, with significant increases in holdings reported by firms like Nisa Investment Advisors and Voya Investment Management.
• Axcelis Technologies reported a net margin of 17.69% and a return on equity of 16.26%, with analysts forecasting an earnings per share (EPS) of 2.55 for the current year.

Vanguard Personalized Indexing Management LLC boosted its holdings in Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) by 70.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,036 shares of the semiconductor company's stock after buying an additional 3,750 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in Axcelis Technologies were worth $630,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Nisa Investment Advisors LLC boosted its stake in shares of Axcelis Technologies by 97.5% during the 1st quarter. Nisa Investment Advisors LLC now owns 796 shares of the semiconductor company's stock worth $40,000 after acquiring an additional 393 shares in the last quarter. Voya Investment Management LLC lifted its holdings in shares of Axcelis Technologies by 31.8% during the first quarter. Voya Investment Management LLC now owns 27,384 shares of the semiconductor company's stock valued at $1,360,000 after purchasing an additional 6,610 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Axcelis Technologies by 15.0% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,497 shares of the semiconductor company's stock valued at $521,000 after purchasing an additional 1,368 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Axcelis Technologies by 4.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 386,007 shares of the semiconductor company's stock worth $19,173,000 after purchasing an additional 16,071 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in Axcelis Technologies by 22.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,358 shares of the semiconductor company's stock worth $117,000 after buying an additional 425 shares during the period. Institutional investors own 89.98% of the company's stock.

Axcelis Technologies Price Performance

Shares of Axcelis Technologies stock opened at $83.29 on Wednesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 6.01 and a quick ratio of 4.26. Axcelis Technologies, Inc. has a fifty-two week low of $40.40 and a fifty-two week high of $102.93. The firm has a fifty day moving average price of $85.87 and a two-hundred day moving average price of $70.78. The company has a market cap of $2.62 billion, a PE ratio of 17.03 and a beta of 1.75.

Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last announced its quarterly earnings data on Monday, April 21st. The semiconductor company reported $1.71 earnings per share for the quarter. The company had revenue of $252.42 million for the quarter. Axcelis Technologies had a return on equity of 16.26% and a net margin of 17.69%. Analysts expect that Axcelis Technologies, Inc. will post 2.55 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Zacks Research cut shares of Axcelis Technologies from a "strong-buy" rating to a "hold" rating in a report on Monday, October 6th. DA Davidson raised their price objective on shares of Axcelis Technologies from $90.00 to $110.00 and gave the stock a "buy" rating in a research note on Thursday, October 2nd. Benchmark raised shares of Axcelis Technologies from a "hold" rating to a "buy" rating and set a $105.00 target price on the stock in a research note on Thursday, October 2nd. Weiss Ratings restated a "hold (c)" rating on shares of Axcelis Technologies in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded Axcelis Technologies from a "hold" rating to a "buy" rating in a report on Saturday, October 11th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $97.00.

Axcelis Technologies Profile

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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