Cetera Investment Advisers Invests $273,000 in Axcelis Technologies, Inc. $ACLS

Key Points

• Cetera Investment Advisers has acquired 5,491 shares of Axcelis Technologies, Inc., valued at approximately $273,000, highlighting growing institutional interest in the semiconductor company.
• Several institutional investors significantly increased their stakes in Axcelis Technologies during the first quarter, with Versant Capital Management raising its stake by 118.7%.
• Analysts have raised their price targets for Axcelis Technologies, with B. Riley increasing it to $75.00 and DA Davidson to $90.00, indicating a positive outlook on the stock.

Cetera Investment Advisers bought a new position in Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) during the first quarter, according to the company in its most recent filing with the SEC. The firm bought 5,491 shares of the semiconductor company's stock, valued at approximately $273,000.

A number of other hedge funds have also recently modified their holdings of the company. Brookwood Investment Group LLC purchased a new position in shares of Axcelis Technologies in the first quarter valued at about $417,000. KLP Kapitalforvaltning AS increased its position in shares of Axcelis Technologies by 70.8% in the first quarter. KLP Kapitalforvaltning AS now owns 11,100 shares of the semiconductor company's stock valued at $551,000 after acquiring an additional 4,600 shares during the period. Homestead Advisers Corp increased its position in shares of Axcelis Technologies by 15.5% in the first quarter. Homestead Advisers Corp now owns 34,200 shares of the semiconductor company's stock valued at $1,699,000 after acquiring an additional 4,600 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Axcelis Technologies in the first quarter valued at about $701,000. Finally, Peterson Wealth Services boosted its stake in shares of Axcelis Technologies by 18.7% during the 1st quarter. Peterson Wealth Services now owns 9,131 shares of the semiconductor company's stock valued at $454,000 after purchasing an additional 1,438 shares in the last quarter. Hedge funds and other institutional investors own 89.98% of the company's stock.

Analysts Set New Price Targets

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

Axcelis Technologies Stock Up 3.5%

NASDAQ:ACLS traded up $2.78 during mid-day trading on Friday, hitting $81.29. 493,569 shares of the company's stock were exchanged, compared to its average volume of 575,265. Axcelis Technologies, Inc. has a one year low of $40.40 and a one year high of $115.37. 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 business has a fifty day moving average price of $73.83 and a 200 day moving average price of $62.34. The company has a market cap of $2.55 billion, a PE ratio of 16.62 and a beta of 1.58.

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

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.