State of New Jersey Common Pension Fund D lowered its stake in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS – Free Report) by 36.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,985 shares of the semiconductor company’s stock after selling 10,935 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Axcelis Technologies were worth $2,530,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. BlackRock Inc. raised its holdings in shares of Axcelis Technologies by 1.0% during the 1st quarter. BlackRock Inc. now owns 5,059,666 shares of the semiconductor company’s stock valued at $382,156,000 after purchasing an additional 48,051 shares in the last quarter. Vanguard Group Inc. raised its holdings in Axcelis Technologies by 6.5% in the 3rd quarter. Vanguard Group Inc. now owns 2,957,174 shares of the semiconductor company’s stock worth $179,085,000 after acquiring an additional 180,011 shares during the period. Senvest Management LLC raised its holdings in Axcelis Technologies by 18.3% in the 4th quarter. Senvest Management LLC now owns 1,786,434 shares of the semiconductor company’s stock worth $141,771,000 after acquiring an additional 275,974 shares during the period. Driehaus Capital Management LLC raised its holdings in Axcelis Technologies by 65.9% in the 4th quarter. Driehaus Capital Management LLC now owns 1,133,457 shares of the semiconductor company’s stock worth $89,951,000 after acquiring an additional 450,382 shares during the period. Finally, State Street Corp raised its holdings in Axcelis Technologies by 1.7% in the 3rd quarter. State Street Corp now owns 1,132,668 shares of the semiconductor company’s stock worth $68,594,000 after acquiring an additional 19,207 shares during the period. Institutional investors own 88.20% of the company’s stock.
Insider Buying and Selling at Axcelis Technologies
In other Axcelis Technologies news, insider Mary G. Puma sold 11,800 shares of the business’s stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $181.80, for a total value of $2,145,240.00. Following the transaction, the insider now directly owns 263,058 shares in the company, valued at $47,823,944.40. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other Axcelis Technologies news, Director Jeanne Quirk sold 900 shares of the business’s stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $177.41, for a total value of $159,669.00. Following the transaction, the director now directly owns 7,782 shares in the company, valued at $1,380,604.62. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Mary G. Puma sold 11,800 shares of the business’s stock in a transaction dated Monday, June 12th. The stock was sold at an average price of $181.80, for a total transaction of $2,145,240.00. Following the completion of the transaction, the insider now directly owns 263,058 shares of the company’s stock, valued at $47,823,944.40. The disclosure for this sale can be found here. Insiders have sold a total of 123,181 shares of company stock worth $17,592,020 over the last ninety days. Corporate insiders own 1.43% of the company’s stock.
Analyst Ratings Changes
Axcelis Technologies Price Performance
Shares of Axcelis Technologies stock opened at $192.27 on Tuesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.51 and a current ratio of 3.49. The firm’s 50-day simple moving average is $162.52 and its 200-day simple moving average is $133.92. Axcelis Technologies, Inc. has a twelve month low of $49.78 and a twelve month high of $193.61. The firm has a market cap of $6.29 billion, a P/E ratio of 33.91 and a beta of 1.71.
Axcelis Technologies (NASDAQ:ACLS – Get Free Report) last issued its earnings results on Thursday, May 4th. The semiconductor company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.18. Axcelis Technologies had a net margin of 19.49% and a return on equity of 29.43%. The business had revenue of $254.02 million for the quarter, compared to analyst estimates of $239.89 million. During the same period in the previous year, the business earned $1.22 EPS. The firm’s revenue was up 24.8% on a year-over-year basis. As a group, research analysts expect that Axcelis Technologies, Inc. will post 6.47 EPS for the current fiscal 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.
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