17,343 Shares in Axcelis Technologies, Inc. $ACLS Purchased by Second Line Capital LLC

Key Points

• Second Line Capital LLC acquired 17,343 shares of Axcelis Technologies, Inc., valued at approximately $861,000, representing about 0.05% ownership in the company.
• Axcelis Technologies reported a Q2 EPS of $1.13, exceeding estimates, with quarterly revenue of $194.54 million despite a 24.2% year-over-year decline.
• Analysts have mixed ratings on Axcelis Technologies, with a current average target price of $90.00 and recommendations ranging from 'buy' to 'hold'.

Second Line Capital LLC purchased a new position in Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 17,343 shares of the semiconductor company's stock, valued at approximately $861,000. Second Line Capital LLC owned about 0.05% of Axcelis Technologies at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ACLS. Fifth Third Bancorp increased its position in shares of Axcelis Technologies by 160.5% during the 1st quarter. Fifth Third Bancorp now owns 581 shares of the semiconductor company's stock worth $29,000 after purchasing an additional 358 shares during the last quarter. Versant Capital Management Inc increased its holdings in Axcelis Technologies by 118.7% during the 1st quarter. Versant Capital Management Inc now owns 584 shares of the semiconductor company's stock worth $29,000 after purchasing an additional 317 shares during the period. Quarry LP increased its holdings in Axcelis Technologies by 1,387.5% during the 4th quarter. Quarry LP now owns 714 shares of the semiconductor company's stock worth $50,000 after purchasing an additional 666 shares during the period. Bayforest Capital Ltd purchased a new stake in Axcelis Technologies during the 1st quarter worth about $38,000. Finally, Nisa Investment Advisors LLC increased its holdings in shares of Axcelis Technologies by 97.5% in the 1st quarter. Nisa Investment Advisors LLC now owns 796 shares of the semiconductor company's stock valued at $40,000 after acquiring an additional 393 shares during the last quarter. Institutional investors and hedge funds own 89.98% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on ACLS shares. B. Riley upped their target price on 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 increased their price objective on Axcelis Technologies from $75.00 to $90.00 and gave the stock 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 given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $90.00.

Axcelis Technologies Trading Down 1.1%

Shares of ACLS stock traded down $0.91 during mid-day trading on Wednesday, hitting $78.69. 823,528 shares of the company's stock were exchanged, compared to its average volume of 624,568. Axcelis Technologies, Inc. has a fifty-two week low of $40.40 and a fifty-two week high of $110.17. The stock has a 50-day simple moving average of $75.66 and a two-hundred day simple moving average of $63.21. The company has a quick ratio of 4.26, a current ratio of 6.01 and a debt-to-equity ratio of 0.04. The stock has a market cap of $2.47 billion, a price-to-earnings ratio of 16.09 and a beta of 1.73.

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

About Axcelis Technologies

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.