Axcelis Technologies, Inc. (NASDAQ:ACLS) Shares Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. raised its stake in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 27.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,007 shares of the semiconductor company’s stock after buying an additional 1,307 shares during the period. Oppenheimer & Co. Inc.’s holdings in Axcelis Technologies were worth $420,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of ACLS. Nisa Investment Advisors LLC raised its holdings in shares of Axcelis Technologies by 11.9% during the third quarter. Nisa Investment Advisors LLC now owns 1,069 shares of the semiconductor company’s stock valued at $112,000 after acquiring an additional 114 shares during the period. Crossmark Global Holdings Inc. grew its position in Axcelis Technologies by 5.8% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 2,398 shares of the semiconductor company’s stock worth $251,000 after purchasing an additional 132 shares in the last quarter. KBC Group NV raised its stake in Axcelis Technologies by 30.3% during the 3rd quarter. KBC Group NV now owns 934 shares of the semiconductor company’s stock valued at $98,000 after purchasing an additional 217 shares during the period. Advisors Asset Management Inc. lifted its holdings in shares of Axcelis Technologies by 27.6% in the third quarter. Advisors Asset Management Inc. now owns 1,293 shares of the semiconductor company’s stock valued at $136,000 after purchasing an additional 280 shares in the last quarter. Finally, Blue Trust Inc. boosted its position in shares of Axcelis Technologies by 85.5% in the fourth quarter. Blue Trust Inc. now owns 627 shares of the semiconductor company’s stock worth $44,000 after buying an additional 289 shares during the period. Institutional investors and hedge funds own 89.98% of the company’s stock.

Axcelis Technologies Trading Up 3.0 %

Shares of NASDAQ ACLS opened at $60.63 on Friday. Axcelis Technologies, Inc. has a 1-year low of $53.67 and a 1-year high of $158.61. The company has a 50-day moving average of $66.15 and a two-hundred day moving average of $81.70. The company has a market cap of $1.97 billion, a PE ratio of 9.86, a P/E/G ratio of 4.52 and a beta of 1.52. The company has a current ratio of 5.41, a quick ratio of 4.05 and a debt-to-equity ratio of 0.04.

Axcelis Technologies (NASDAQ:ACLS) last released its earnings results on Monday, February 10th. The semiconductor company reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.29. Axcelis Technologies had a net margin of 19.75% and a return on equity of 21.02%. As a group, equities analysts expect that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Needham & Company LLC restated a “hold” rating on shares of Axcelis Technologies in a research report on Wednesday, February 12th. William Blair cut shares of Axcelis Technologies from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 12th. Craig Hallum lowered their price objective on shares of Axcelis Technologies from $115.00 to $105.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Finally, Benchmark downgraded shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $154.00.

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.