Royce & Associates LP Sells 28,333 Shares of Axcelis Technologies, Inc. $ACLS

Key Points

• Royce & Associates LP reduced its Axcelis Technologies stake by 19.6% in the fourth quarter, selling 28,333 shares and leaving it with 116,375 shares worth about $9.35 million.
• Axcelis Technologies reported better-than-expected quarterly results, posting EPS of $0.72 versus $0.71 expected and revenue of $198.96 million versus $195.03 million forecast. The company also guided Q2 2026 EPS at 0.900-.
• Insider selling has continued, with VP Todd Sutton and EVP Christopher Tatnall among recent sellers; insiders have sold 34,453 shares worth $5.21 million over the last three months.

Royce & Associates LP trimmed its holdings in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) by 19.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 116,375 shares of the semiconductor company's stock after selling 28,333 shares during the quarter. Royce & Associates LP owned about 0.38% of Axcelis Technologies worth $9,350,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Close Asset Management Ltd purchased a new position in Axcelis Technologies during the third quarter worth about $27,000. Advisory Services Network LLC purchased a new position in Axcelis Technologies during the third quarter worth about $32,000. Caitlin John LLC purchased a new position in Axcelis Technologies during the third quarter worth about $32,000. EverSource Wealth Advisors LLC grew its position in Axcelis Technologies by 145.1% during the second quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company's stock worth $31,000 after buying an additional 267 shares in the last quarter. Finally, Strs Ohio purchased a new position in Axcelis Technologies during the third quarter worth about $49,000. 89.98% of the stock is currently owned by hedge funds and other institutional investors.

Axcelis Technologies Trading Down 1.5%

Shares of ACLS stock opened at $155.55 on Friday. The stock has a market capitalization of $4.78 billion, a PE ratio of 48.46, a P/E/G ratio of 11.18 and a beta of 1.93. Axcelis Technologies, Inc. has a 1-year low of $55.93 and a 1-year high of $171.61. The business has a 50-day moving average of $127.05 and a 200 day moving average of $100.54. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.59 and a quick ratio of 2.99.

Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last issued its earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.01. The company had revenue of $198.96 million during the quarter, compared to analysts' expectations of $195.03 million. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.Axcelis Technologies's quarterly revenue was up 3.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.88 EPS. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. As a group, sell-side analysts anticipate that Axcelis Technologies, Inc. will post 3.21 earnings per share for the current year.

Insider Activity at Axcelis Technologies

In related news, VP Todd Sutton sold 2,000 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $159.99, for a total transaction of $319,980.00. Following the completion of the sale, the vice president directly owned 6,360 shares in the company, valued at $1,017,536.40. This represents a 23.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Christopher Tatnall sold 1,166 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $149.75, for a total value of $174,608.50. Following the completion of the sale, the executive vice president owned 27,627 shares of the company's stock, valued at approximately $4,137,143.25. This trade represents a 4.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 34,453 shares of company stock worth $5,211,694 over the last three months. Corporate insiders own 0.49% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. B. Riley Financial upgraded Axcelis Technologies from a "neutral" rating to a "buy" rating and set a $150.00 target price for the company in a research report on Monday, April 20th. Weiss Ratings cut Axcelis Technologies from a "hold (c)" rating to a "hold (c-)" rating in a research report on Tuesday, May 12th. Finally, Zacks Research upgraded Axcelis Technologies from a "strong sell" rating to a "hold" rating in a research report on Monday, April 20th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Axcelis Technologies has an average rating of "Hold" and a consensus target price of $116.25.

Axcelis Technologies Profile

Axcelis Technologies, Inc is a leading developer and manufacturer of ion implantation and cleaning equipment used in the fabrication of semiconductor chips. The company specializes in high-current, medium-current and high-energy ion implantation systems, which are critical for introducing precisely controlled dopants into silicon wafers. Axcelis also offers plasma-based cleaning and dry strip tools that support advanced process nodes in logic, memory and power device manufacturing.

The company's product portfolio encompasses single-wafer and multi-wafer cluster tools designed to deliver high throughput, accuracy and uniformity for semiconductor process steps.

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