1 week Ago By Defense World Staff
Wells Fargo & Company MN reduced its stake in Axcelis Technologies, Inc. ( NASDAQ:ACLS – Free Report ) by 6.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 30,069 shares of the semiconductor company’s stock after selling 2,038 shares during the period. Wells Fargo & Company MN owned 0.09% of Axcelis Technologies worth $2,101,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Signaturefd LLC raised its stake in Axcelis Technologies by 90.6% during the 4th quarter.
Signaturefd LLC now owns 364 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 173 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Axcelis Technologies by 85.
5% in the fourth quarter. Blue Trust Inc. now owns 627 shares of the semiconductor company’s stock worth $44,000 after buying an additional 289 shares during the period.
Thrivent Financial for Lutherans lifted its holdings in Axcelis Technologies by 1.4% during the fourth quarter. Thrivent Financial for Lutherans now owns 28,623 shares of the semiconductor company’s stock valued at $2,054,000 after purchasing an additional 383 shares in the last quarter.
Smartleaf Asset Management LLC boosted its holdings in Axcelis Technologies by 184.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 668 shares of the semiconductor company’s stock worth $47,000 after buying an additional 433 shares during the period.
Finally, KBC Group NV boosted its stake in shares of Axcelis Technologies by 46.8% in the fourth quarter. KBC Group NV now owns 1,371 shares of the semiconductor company’s stock worth $96,000 after acquiring an additional 437 shares during the period.
89.98% of the stock is currently owned by hedge funds and other institutional investors. Analysts Set New Price Targets Several equities research analysts have recently issued reports on ACLS shares.
Needham & Company LLC reiterated a “hold” rating on shares of Axcelis Technologies in a research report on Wednesday, February 12th. William Blair lowered shares of Axcelis Technologies from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 12th. B.
Riley restated a “neutral” rating and issued a $50.00 price target (down previously from $80.00) on shares of Axcelis Technologies in a research report on Monday, April 21st.
Finally, Craig Hallum lowered their price objective on shares of Axcelis Technologies from $115.00 to $105.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th.
Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Axcelis Technologies has an average rating of “Hold” and an average price target of $131.
00. Axcelis Technologies Stock Up 1.9 % NASDAQ ACLS opened at $49.
84 on Friday. Axcelis Technologies, Inc. has a 52 week low of $40.
40 and a 52 week high of $158.61. The firm has a market capitalization of $1.
60 billion, a price-to-earnings ratio of 8.10, a PEG ratio of 4.52 and a beta of 1.
59. The company has a quick ratio of 4.05, a current ratio of 5.
41 and a debt-to-equity ratio of 0.04. The company has a fifty day moving average of $52.
99 and a two-hundred day moving average of $68.29. Axcelis Technologies ( NASDAQ:ACLS – Get Free Report ) last announced its quarterly earnings data on Monday, February 10th.
The semiconductor company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.
29. Axcelis Technologies had a net margin of 19.75% and a return on equity of 21.
02%. On average, analysts predict that Axcelis Technologies, Inc. will post 2.
55 earnings per share for the current year. Axcelis Technologies announced that its board has authorized a stock repurchase program on Wednesday, March 12th that allows the company to buyback $100.00 million in shares.
This buyback authorization allows the semiconductor company to purchase up to 5.2% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its shares are undervalued.
Axcelis Technologies Company Profile ( 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 Five stocks we like better than Axcelis Technologies How to Use the MarketBeat Excel Dividend Calculator Short Sellers Gave Up on These 3 Names Recently Industrial Products Stocks Investing 3 Boring Stocks Outperforming the Market This Year What is the S&P/TSX Index? If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy 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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