Mutual of America Capital Management LLC Has $514,000 Holdings in Axcelis Technologies, Inc. (NASDAQ:ACLS)

Mutual of America Capital Management LLC decreased its position in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 77.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,906 shares of the semiconductor company’s stock after selling 16,423 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Axcelis Technologies were worth $514,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Signaturefd LLC increased its position in Axcelis Technologies by 348.9% during the 2nd quarter. Signaturefd LLC now owns 211 shares of the semiconductor company’s stock worth $30,000 after buying an additional 164 shares during the period. Blue Trust Inc. increased its position in Axcelis Technologies by 223.8% during the second quarter. Blue Trust Inc. now owns 272 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 188 shares during the period. Ashton Thomas Private Wealth LLC acquired a new stake in Axcelis Technologies in the 2nd quarter worth about $39,000. Meeder Asset Management Inc. bought a new stake in Axcelis Technologies in the 2nd quarter valued at about $69,000. Finally, Advisors Asset Management Inc. grew its position in shares of Axcelis Technologies by 17.5% during the 1st quarter. Advisors Asset Management Inc. now owns 670 shares of the semiconductor company’s stock worth $75,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 89.98% of the company’s stock.

Axcelis Technologies Stock Down 3.9 %

NASDAQ ACLS opened at $74.45 on Wednesday. The business has a fifty day moving average price of $91.06 and a two-hundred day moving average price of $110.67. The stock has a market capitalization of $2.42 billion, a PE ratio of 11.01, a PEG ratio of 2.34 and a beta of 1.60. Axcelis Technologies, Inc. has a fifty-two week low of $69.35 and a fifty-two week high of $158.61. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.45 and a quick ratio of 3.29.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on ACLS shares. Benchmark cut Axcelis Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. B. Riley cut their target price on Axcelis Technologies from $190.00 to $165.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Finally, Needham & Company LLC restated a “hold” rating on shares of Axcelis Technologies in a research report on Friday, November 8th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $167.33.

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.