Optimize Financial Inc Takes $1.60 Million Position in Axcelis Technologies, Inc. $ACLS

Key Points

• Optimize Financial Inc acquired a new position in Axcelis Technologies, buying 32,251 shares valued at approximately $1.60 million, representing ownership of 0.10% of the company.
• Other institutional investors, including Goldman Sachs and Caxton Associates, have also increased their stakes in Axcelis, which is currently 89.98% owned by institutional investors.
• Axcelis Technologies reported a net margin of 17.69% for the last quarter with earnings of $1.13 per share, exceeding analysts' expectations, despite a year-over-year revenue decline of 24.2%.

Optimize Financial Inc acquired a new stake in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 32,251 shares of the semiconductor company's stock, valued at approximately $1,602,000. Optimize Financial Inc owned 0.10% of Axcelis Technologies at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Caxton Associates LLP bought a new stake in shares of Axcelis Technologies during the 1st quarter valued at $3,027,000. Goldman Sachs Group Inc. raised its position in shares of Axcelis Technologies by 7.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company's stock valued at $31,560,000 after purchasing an additional 44,275 shares during the period. Dynamic Technology Lab Private Ltd raised its position in shares of Axcelis Technologies by 55.9% during the 1st quarter. Dynamic Technology Lab Private Ltd now owns 11,890 shares of the semiconductor company's stock valued at $590,000 after purchasing an additional 4,261 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Axcelis Technologies by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,396 shares of the semiconductor company's stock valued at $963,000 after purchasing an additional 849 shares during the period. Finally, AQR Capital Management LLC raised its position in shares of Axcelis Technologies by 4.9% during the 1st quarter. AQR Capital Management LLC now owns 35,717 shares of the semiconductor company's stock valued at $1,774,000 after purchasing an additional 1,678 shares during the period. 89.98% of the stock is currently owned by institutional investors.

Axcelis Technologies Stock Performance

Shares of NASDAQ ACLS opened at $81.82 on Tuesday. The firm's fifty day moving average is $76.45 and its two-hundred day moving average is $63.68. Axcelis Technologies, Inc. has a 52-week low of $40.40 and a 52-week high of $110.17. The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.26 and a current ratio of 6.01. The company has a market cap of $2.57 billion, a P/E ratio of 16.73 and a beta of 1.73.

Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last posted its earnings results on Tuesday, August 5th. The semiconductor company reported $1.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.73 by $0.40. Axcelis Technologies had a net margin of 17.69% and a return on equity of 16.26%. The firm had revenue of $194.54 million for the quarter, compared to the consensus estimate of $185.15 million. During the same period in the previous year, the firm posted $1.55 EPS. The business'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. As a group, analysts anticipate that Axcelis Technologies, Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ACLS has been the topic of several recent analyst reports. B. Riley raised their price objective 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 lifted their price target on shares of Axcelis Technologies from $75.00 to $90.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $90.00.

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.

Want to see what other hedge funds are holding ACLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.