Axcelis Technologies, Inc. (NASDAQ:ACLS) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC decreased its holdings in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 62.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 403 shares of the semiconductor company’s stock after selling 666 shares during the period. Nisa Investment Advisors LLC’s holdings in Axcelis Technologies were worth $28,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Truvestments Capital LLC acquired a new position in Axcelis Technologies during the third quarter worth $69,000. KBC Group NV boosted its holdings in Axcelis Technologies by 30.3% during the third quarter. KBC Group NV now owns 934 shares of the semiconductor company’s stock worth $98,000 after buying an additional 217 shares in the last quarter. GAMMA Investing LLC grew its position in Axcelis Technologies by 37.2% during the third quarter. GAMMA Investing LLC now owns 999 shares of the semiconductor company’s stock worth $105,000 after buying an additional 271 shares during the period. Future Financial Wealth Managment LLC purchased a new position in Axcelis Technologies in the third quarter valued at about $105,000. Finally, Advisors Asset Management Inc. lifted its position in shares of Axcelis Technologies by 27.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 1,293 shares of the semiconductor company’s stock valued at $136,000 after acquiring an additional 280 shares during the period. 89.98% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on ACLS shares. Needham & Company LLC reaffirmed a “hold” rating on shares of Axcelis Technologies in a research note on Friday, November 8th. Benchmark cut shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Finally, Craig Hallum cut their target price 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. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $155.83.

Axcelis Technologies Stock Performance

Shares of ACLS opened at $68.00 on Friday. The company’s 50 day simple moving average is $72.51 and its 200 day simple moving average is $92.42. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.29 and a current ratio of 4.45. The company has a market capitalization of $2.21 billion, a price-to-earnings ratio of 10.06, a PEG ratio of 2.50 and a beta of 1.53. Axcelis Technologies, Inc. has a 1 year low of $66.75 and a 1 year high of $158.61.

Axcelis Technologies Company Profile

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.