Caxton Associates LLP Purchases Shares of 60,941 Axcelis Technologies, Inc. $ACLS

Key Points

• Caxton Associates LLP acquired a new stake in Axcelis Technologies, purchasing 60,941 shares valued at approximately $3,027,000, representing 0.19% of the company.
• Axcelis Technologies reported earnings per share of $1.13 for the last quarter, exceeding expectations of $0.73, with a revenue of $194.54 million compared to predictions of $185.15 million.
• Analysts have raised their price targets for Axcelis Technologies, with DA Davidson increasing its target from $75.00 to $90.00 and maintaining a "buy" rating.

Caxton Associates LLP purchased a new stake in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 60,941 shares of the semiconductor company's stock, valued at approximately $3,027,000. Caxton Associates LLP owned approximately 0.19% of Axcelis Technologies as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Goldman Sachs Group Inc. increased its position in shares of Axcelis Technologies by 7.5% during the first quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company's stock valued at $31,560,000 after acquiring an additional 44,275 shares in the last quarter. Dynamic Technology Lab Private Ltd boosted its holdings in Axcelis Technologies by 55.9% in the first quarter. Dynamic Technology Lab Private Ltd now owns 11,890 shares of the semiconductor company's stock worth $590,000 after purchasing an additional 4,261 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Axcelis Technologies by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,396 shares of the semiconductor company's stock worth $963,000 after purchasing an additional 849 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Axcelis Technologies by 4.9% in the first quarter. AQR Capital Management LLC now owns 35,717 shares of the semiconductor company's stock worth $1,774,000 after purchasing an additional 1,678 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its holdings in Axcelis Technologies by 16.3% in the first quarter. Advisors Asset Management Inc. now owns 1,969 shares of the semiconductor company's stock worth $98,000 after purchasing an additional 276 shares during the last quarter. Institutional investors own 89.98% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on ACLS shares. B. Riley raised their target price on shares of Axcelis Technologies from $58.00 to $75.00 and gave the stock a "neutral" rating in a report on Wednesday, June 18th. DA Davidson lifted their price target 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 issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $90.00.

Axcelis Technologies Price Performance

Shares of ACLS stock traded down $0.81 on Friday, hitting $85.55. 274,269 shares of the stock traded hands, compared to its average volume of 410,915. The firm has a market cap of $2.69 billion, a price-to-earnings ratio of 17.49 and a beta of 1.73. Axcelis Technologies, Inc. has a 52 week low of $40.40 and a 52 week high of $110.17. The firm has a 50 day simple moving average of $77.42 and a two-hundred day simple moving average of $64.27. 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 (NASDAQ:ACLS - Get Free Report) last announced 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. The firm had revenue of $194.54 million for the quarter, compared to the consensus estimate of $185.15 million. Axcelis Technologies had a net margin of 17.69% and a return on equity of 16.26%. The company's revenue was down 24.2% on a year-over-year basis. During the same period last year, the firm earned $1.55 EPS. Axcelis Technologies has set its Q3 2025 guidance at 1.000-1.000 EPS. As a group, equities 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.