Axcelis Technologies, Inc. (NASDAQ:ACLS) Short Interest Update

Axcelis Technologies, Inc. (NASDAQ:ACLS – Get Rating) was the target of a significant increase in short interest in December. As of December 30th, there was short interest totalling 1,330,000 shares, an increase of 17.7% from the December 15th total of 1,130,000 shares. Based on an average daily volume of 393,900 shares, the short-interest ratio is presently 3.4 days. Approximately 4.2% of the company’s stock are short sold.

Insider Transactions at Axcelis Technologies

In other news, CEO Mary G. Puma sold 4,202 shares of the business’s stock in a transaction on Thursday, December 8th. The shares were sold at an average price of $80.31, for a total transaction of $337,462.62. Following the transaction, the chief executive officer now directly owns 393,511 shares of the company’s stock, valued at $31,602,868.41. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CEO Mary G. Puma sold 2,697 shares of the business’s stock in a transaction on Monday, December 5th. The shares were sold at an average price of $80.12, for a total transaction of $216,083.64. Following the transaction, the chief executive officer now directly owns 397,713 shares of the company’s stock, valued at $31,864,765.56. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Mary G. Puma sold 4,202 shares of Axcelis Technologies stock in a transaction on Thursday, December 8th. The stock was sold at an average price of $80.31, for a total transaction of $337,462.62. Following the completion of the sale, the chief executive officer now owns 393,511 shares of the company’s stock, valued at approximately $31,602,868.41. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,510 shares of company stock valued at $2,610,973. Corporate insiders own 2.15% of the company’s stock.

Hedge Funds Weigh In On Axcelis Technologies

Institutional investors have recently modified their holdings of the company. Edmond DE Rothschild Holding S.A. lifted its holdings in Axcelis Technologies by 4.8% in the second quarter. Edmond DE Rothschild Holding S.A. now owns 3,134 shares of the semiconductor company’s stock worth $172,000 after purchasing an additional 143 shares during the period. Amalgamated Bank lifted its holdings in Axcelis Technologies by 0.9% in the third quarter. Amalgamated Bank now owns 15,994 shares of the semiconductor company’s stock worth $969,000 after purchasing an additional 144 shares during the period. SummerHaven Investment Management LLC lifted its holdings in Axcelis Technologies by 1.0% in the fourth quarter. SummerHaven Investment Management LLC now owns 14,663 shares of the semiconductor company’s stock worth $1,164,000 after purchasing an additional 147 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in Axcelis Technologies by 42.8% in the third quarter. Public Employees Retirement System of Ohio now owns 527 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 158 shares during the period. Finally, CWM LLC lifted its holdings in Axcelis Technologies by 36.6% in the second quarter. CWM LLC now owns 702 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 188 shares during the period. Institutional investors own 86.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ACLS. DA Davidson lifted their price target on shares of Axcelis Technologies from $88.00 to $105.00 in a research note on Wednesday, January 11th. B. Riley lifted their price target on shares of Axcelis Technologies from $95.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, January 12th. StockNews.com lowered shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, December 28th. Needham & Company LLC lifted their price target on shares of Axcelis Technologies from $77.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, January 5th. Finally, Craig Hallum boosted their target price on shares of Axcelis Technologies from $94.00 to $113.00 in a research note on Wednesday, January 11th.

Axcelis Technologies Stock Up 4.2 %

Axcelis Technologies stock opened at $102.31 on Friday. The company has a 50-day simple moving average of $83.48 and a 200-day simple moving average of $70.40. The firm has a market capitalization of $3.36 billion, a P/E ratio of 21.31 and a beta of 1.62. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.64 and a current ratio of 3.73. Axcelis Technologies has a one year low of $46.41 and a one year high of $103.66.

Axcelis Technologies (NASDAQ:ACLS – Get Rating) last released its quarterly earnings results on Wednesday, November 2nd. The semiconductor company reported $1.21 EPS for the quarter, topping the consensus estimate of $1.13 by $0.08. The business had revenue of $229.20 million during the quarter, compared to analyst estimates of $224.38 million. Axcelis Technologies had a net margin of 18.83% and a return on equity of 28.15%. The company’s quarterly revenue was up 29.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.81 earnings per share. As a group, equities analysts expect that Axcelis Technologies will post 5.2 earnings per share for the current year.

About Axcelis Technologies

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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. The company offers high energy, high current, and medium current implanters for various application requirements.