Dynamic Technology Lab Private Ltd Has $590,000 Holdings in Axcelis Technologies, Inc. $ACLS

Key Points

• Dynamic Technology Lab Private Ltd increased its stake in Axcelis Technologies by 55.9%, acquiring an additional 4,261 shares to bring its total holdings to 11,890 shares worth $590,000.
• Axcelis Technologies recently reported $1.13 EPS for the quarter, surpassing analysts' estimates of $0.73, but its quarterly revenue of $194.54 million represents a 24.2% decrease from the previous year.
• Institutional investors own 89.98% of Axcelis Technologies, indicating strong support from larger financial entities, with several firms recently increasing their positions in the stock.

Dynamic Technology Lab Private Ltd increased its holdings in Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) by 55.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,890 shares of the semiconductor company's stock after acquiring an additional 4,261 shares during the period. Dynamic Technology Lab Private Ltd's holdings in Axcelis Technologies were worth $590,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Axcelis Technologies by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,396 shares of the semiconductor company's stock worth $963,000 after acquiring an additional 849 shares in the last quarter. AQR Capital Management LLC lifted its stake in Axcelis Technologies by 4.9% in the 1st quarter. AQR Capital Management LLC now owns 35,717 shares of the semiconductor company's stock worth $1,774,000 after acquiring an additional 1,678 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in Axcelis Technologies by 16.3% in the 1st quarter. Advisors Asset Management Inc. now owns 1,969 shares of the semiconductor company's stock worth $98,000 after acquiring an additional 276 shares in the last quarter. Amundi lifted its stake in Axcelis Technologies by 12.6% in the 1st quarter. Amundi now owns 551,047 shares of the semiconductor company's stock worth $27,371,000 after acquiring an additional 61,796 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in shares of Axcelis Technologies by 3.8% during the 1st quarter. Royal Bank of Canada now owns 117,566 shares of the semiconductor company's stock worth $5,838,000 after purchasing an additional 4,324 shares in the last quarter. 89.98% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. B. Riley raised their price target on Axcelis Technologies from $58.00 to $75.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 18th. DA Davidson raised their price target on 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. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $90.00.

Axcelis Technologies Stock Performance

Shares of ACLS stock traded up $1.37 during trading on Monday, reaching $86.92. The company had a trading volume of 102,897 shares, compared to its average volume of 610,841. The company has a market capitalization of $2.73 billion, a PE ratio of 17.78 and a beta of 1.73. The firm's 50 day simple moving average is $77.42 and its two-hundred day simple moving average is $64.37. The company has a debt-to-equity ratio of 0.04, a current ratio of 6.01 and a quick ratio of 4.26. Axcelis Technologies, Inc. has a one year low of $40.40 and a one year high of $110.17.

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

Axcelis Technologies Company 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.