Creative Planning grew its holdings in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS – Free Report) by 15.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,681 shares of the semiconductor company’s stock after buying an additional 4,820 shares during the quarter. Creative Planning owned 0.11% of Axcelis Technologies worth $3,741,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. CWM LLC increased its position in Axcelis Technologies by 4.8% during the second quarter. CWM LLC now owns 1,506 shares of the semiconductor company’s stock valued at $214,000 after acquiring an additional 69 shares during the last quarter. Xponance Inc. lifted its position in shares of Axcelis Technologies by 4.7% during the second quarter. Xponance Inc. now owns 2,061 shares of the semiconductor company’s stock worth $293,000 after purchasing an additional 92 shares during the last quarter. Andina Capital Management LLC boosted its stake in shares of Axcelis Technologies by 3.7% during the second quarter. Andina Capital Management LLC now owns 2,791 shares of the semiconductor company’s stock valued at $397,000 after purchasing an additional 99 shares during the period. Advisors Asset Management Inc. grew its holdings in shares of Axcelis Technologies by 17.5% in the first quarter. Advisors Asset Management Inc. now owns 670 shares of the semiconductor company’s stock worth $75,000 after purchasing an additional 100 shares during the last quarter. Finally, Evergreen Capital Management LLC increased its stake in Axcelis Technologies by 6.1% in the 2nd quarter. Evergreen Capital Management LLC now owns 1,984 shares of the semiconductor company’s stock worth $282,000 after buying an additional 114 shares during the period. Institutional investors own 89.98% of the company’s stock.
Insider Transactions at Axcelis Technologies
In other news, Director Jorge Titinger sold 6,086 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $109.98, for a total transaction of $669,338.28. Following the completion of the sale, the director now owns 5,891 shares in the company, valued at $647,892.18. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.43% of the company’s stock.
Analyst Upgrades and Downgrades
View Our Latest Stock Analysis on Axcelis Technologies
Axcelis Technologies Trading Down 0.0 %
Axcelis Technologies stock opened at $89.89 on Friday. The company has a current ratio of 4.42, a quick ratio of 3.26 and a debt-to-equity ratio of 0.05. The firm has a market cap of $2.92 billion, a PE ratio of 11.87, a P/E/G ratio of 3.02 and a beta of 1.58. The stock’s 50 day simple moving average is $101.76 and its two-hundred day simple moving average is $114.20. Axcelis Technologies, Inc. has a 12 month low of $88.89 and a 12 month high of $158.61.
Axcelis Technologies (NASDAQ:ACLS – Get Free Report) last released its quarterly earnings results on Wednesday, July 31st. The semiconductor company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.37 by $0.18. The company had revenue of $256.51 million during the quarter, compared to analysts’ expectations of $250.06 million. Axcelis Technologies had a return on equity of 27.35% and a net margin of 21.54%. Axcelis Technologies’s quarterly revenue was down 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.86 EPS. Analysts anticipate that Axcelis Technologies, Inc. will post 6.05 earnings per share for the current 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.
Featured Stories
- Five stocks we like better than Axcelis Technologies
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Texas Roadhouse Stock Steering for New Highs This Year
- How to Effectively Use the MarketBeat Ratings Screener
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
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.com's FREE daily email newsletter.