Axcelis Technologies, Inc. $ACLS Shares Purchased by Quantbot Technologies LP

Key Points

• Quantbot Technologies LP increased its holdings in Axcelis Technologies by 72.4%, acquiring an additional 27,341 shares during the first quarter, bringing its total to 65,091 shares worth approximately $3.2 million.
• Several hedge funds, including Bank of Montreal and Barclays PLC, also increased their stakes in Axcelis Technologies, which is now owned by institutional investors at a rate of 89.98%.
• Research firms have recently raised their price targets for Axcelis Technologies, with DA Davidson increasing it from $75.00 to $90.00 while maintaining a "buy" rating.

Quantbot Technologies LP grew its holdings in Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) by 72.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,091 shares of the semiconductor company's stock after purchasing an additional 27,341 shares during the quarter. Quantbot Technologies LP owned about 0.20% of Axcelis Technologies worth $3,233,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Aptus Capital Advisors LLC purchased a new position in Axcelis Technologies during the first quarter worth approximately $863,000. Northern Trust Corp increased its stake in shares of Axcelis Technologies by 2.5% in the 1st quarter. Northern Trust Corp now owns 401,931 shares of the semiconductor company's stock worth $19,964,000 after acquiring an additional 9,853 shares during the last quarter. Algert Global LLC purchased a new position in shares of Axcelis Technologies during the 1st quarter worth $751,000. American Century Companies Inc. boosted its position in shares of Axcelis Technologies by 7.6% during the 1st quarter. American Century Companies Inc. now owns 1,140,495 shares of the semiconductor company's stock valued at $56,648,000 after acquiring an additional 80,399 shares during the last quarter. Finally, Boston Partners boosted its position in shares of Axcelis Technologies by 0.9% during the 1st quarter. Boston Partners now owns 333,039 shares of the semiconductor company's stock valued at $16,313,000 after acquiring an additional 2,966 shares during the last quarter. 89.98% of the stock is currently owned by hedge funds and other institutional investors.

Axcelis Technologies Trading Up 3.5%

ACLS traded up $2.78 on Friday, hitting $81.29. The company had a trading volume of 493,569 shares, compared to its average volume of 575,265. The company's fifty day moving average price is $73.83 and its 200 day moving average price is $62.34. Axcelis Technologies, Inc. has a 1 year low of $40.40 and a 1 year high of $115.37. The company has a current ratio of 6.01, a quick ratio of 4.26 and a debt-to-equity ratio of 0.04. The firm has a market cap of $2.55 billion, a P/E ratio of 16.62 and a beta of 1.58.

Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The semiconductor company reported $1.13 earnings per share for the quarter, beating 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 business had revenue of $194.54 million during the quarter, compared to analysts' expectations of $185.15 million. During the same period last year, the business earned $1.55 earnings per share. The business's revenue for the quarter 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, equities analysts expect that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current year.

Analysts Set New Price Targets

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

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.