Axcelis Technologies, Inc. (NASDAQ:ACLS) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lessened its stake in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,338 shares of the semiconductor company’s stock after selling 270 shares during the quarter. Yousif Capital Management LLC’s holdings in Axcelis Technologies were worth $862,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Boston Trust Walden Corp lifted its stake in shares of Axcelis Technologies by 61.9% in the 4th quarter. Boston Trust Walden Corp now owns 820,116 shares of the semiconductor company’s stock valued at $57,302,000 after purchasing an additional 313,689 shares in the last quarter. Pacer Advisors Inc. lifted its position in Axcelis Technologies by 78,037.4% during the fourth quarter. Pacer Advisors Inc. now owns 782,155 shares of the semiconductor company’s stock valued at $54,649,000 after buying an additional 781,154 shares in the last quarter. KBC Group NV boosted its position in Axcelis Technologies by 46.8% during the 4th quarter. KBC Group NV now owns 1,371 shares of the semiconductor company’s stock worth $96,000 after purchasing an additional 437 shares during the period. Blue Trust Inc. increased its holdings in Axcelis Technologies by 85.5% in the 4th quarter. Blue Trust Inc. now owns 627 shares of the semiconductor company’s stock valued at $44,000 after purchasing an additional 289 shares in the last quarter. Finally, Avior Wealth Management LLC raised its position in Axcelis Technologies by 1,153.8% in the fourth quarter. Avior Wealth Management LLC now owns 489 shares of the semiconductor company’s stock valued at $34,000 after purchasing an additional 450 shares during the period. Institutional investors and hedge funds own 89.98% of the company’s stock.

Axcelis Technologies Price Performance

ACLS opened at $61.06 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.29 and a current ratio of 4.45. Axcelis Technologies, Inc. has a 1-year low of $56.32 and a 1-year high of $158.61. The company has a 50-day moving average of $70.13 and a 200-day moving average of $86.99. The company has a market capitalization of $1.99 billion, a P/E ratio of 9.03, a PEG ratio of 2.39 and a beta of 1.52.

Axcelis Technologies (NASDAQ:ACLS) last announced its quarterly earnings data on Monday, February 10th. The semiconductor company reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.29. Axcelis Technologies had a return on equity of 24.16% and a net margin of 20.65%. Equities analysts expect that Axcelis Technologies, Inc. will post 5.86 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on ACLS shares. Benchmark downgraded Axcelis Technologies from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Needham & Company LLC reiterated a “hold” rating on shares of Axcelis Technologies in a research note on Wednesday. Craig Hallum dropped their price target on shares of Axcelis Technologies from $115.00 to $105.00 and set a “buy” rating on the stock in a research note on Wednesday, January 15th. Finally, William Blair cut shares of Axcelis Technologies from an “outperform” rating to a “market perform” rating in a research report on Wednesday. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $154.00.

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.