1 week Ago By ABMN Staff
Wells Fargo & Company MN trimmed its holdings in shares of Axcelis Technologies, Inc. ( NASDAQ:ACLS – Free Report ) by 6.3% during the 4th quarter, Holdings Channel reports.
The fund owned 30,069 shares of the semiconductor company’s stock after selling 2,038 shares during the period. Wells Fargo & Company MN’s holdings in Axcelis Technologies were worth $2,101,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also recently modified their holdings of the business.
Signaturefd LLC grew its stake in Axcelis Technologies by 90.6% in the fourth quarter. Signaturefd LLC now owns 364 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 173 shares during the last quarter.
Avior Wealth Management LLC increased its position in Axcelis Technologies by 1,153.8% during the 4th quarter. Avior Wealth Management LLC now owns 489 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 450 shares in the last quarter.
Capital Advisors Ltd. LLC raised its stake in Axcelis Technologies by 1,415.2% in the fourth quarter.
Capital Advisors Ltd. LLC now owns 500 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 467 shares during the last quarter. Blue Trust Inc.
grew its stake in shares of Axcelis Technologies by 85.5% during the fourth quarter. Blue Trust Inc.
now owns 627 shares of the semiconductor company’s stock worth $44,000 after acquiring an additional 289 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its position in shares of Axcelis Technologies by 184.3% in the 4th quarter.
Smartleaf Asset Management LLC now owns 668 shares of the semiconductor company’s stock valued at $47,000 after purchasing an additional 433 shares during the last quarter. 89.98% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth A number of research analysts have issued reports on ACLS shares. Craig Hallum decreased their price target on shares of Axcelis Technologies from $115.00 to $105.
00 and set a “buy” rating for the company in a report on Wednesday, January 15th. B. Riley reissued a “neutral” rating and issued a $50.
00 price objective (down from $80.00) on shares of Axcelis Technologies in a report on Monday, April 21st. Needham & Company LLC reiterated a “hold” rating on shares of Axcelis Technologies in a report on Wednesday, February 12th.
Finally, William Blair lowered shares of Axcelis Technologies from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 12th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.
com, Axcelis Technologies presently has an average rating of “Hold” and an average target price of $131.00. Axcelis Technologies Price Performance NASDAQ:ACLS opened at $49.
84 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.
41 and a quick ratio of 4.05. The company has a 50 day moving average price of $52.
99 and a 200-day moving average price of $68.29. Axcelis Technologies, Inc.
has a 1-year low of $40.40 and a 1-year high of $158.61.
The firm has a market cap of $1.60 billion, a price-to-earnings ratio of 8.10, a price-to-earnings-growth ratio of 4.
52 and a beta of 1.59. Axcelis Technologies ( NASDAQ:ACLS – Get Free Report ) last released its quarterly earnings data on Monday, February 10th.
The semiconductor company reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $1.25 by $0.
29. Axcelis Technologies had a net margin of 19.75% and a return on equity of 21.
02%. Equities research analysts forecast that Axcelis Technologies, Inc. will post 2.
55 EPS for the current year. Axcelis Technologies announced that its Board of Directors has approved a stock repurchase plan on Wednesday, March 12th that allows the company to repurchase $100.00 million in outstanding shares.
This repurchase authorization allows the semiconductor company to repurchase up to 5.2% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.
About Axcelis Technologies ( Free Report ) 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. Featured Articles 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 ). Receive News & Ratings for Axcelis Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Axcelis Technologies and related companies with MarketBeat.
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