3,190 Shares in Axcelis Technologies, Inc. (NASDAQ:ACLS) Acquired by Aigen Investment Management LP

Aigen Investment Management LP purchased a new position in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,190 shares of the semiconductor company’s stock, valued at approximately $223,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Avior Wealth Management LLC grew its stake in shares of Axcelis Technologies by 1,153.8% during the 4th quarter. Avior Wealth Management LLC now owns 489 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 450 shares during the period. Capital Advisors Ltd. LLC boosted its holdings in Axcelis Technologies by 1,415.2% in the fourth quarter. Capital Advisors Ltd. LLC now owns 500 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 467 shares during the last quarter. Blue Trust Inc. grew its position in Axcelis Technologies by 85.5% during the fourth quarter. Blue Trust Inc. now owns 627 shares of the semiconductor company’s stock valued at $44,000 after acquiring an additional 289 shares during the period. Smartleaf Asset Management LLC increased its stake in Axcelis Technologies by 184.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 668 shares of the semiconductor company’s stock worth $47,000 after acquiring an additional 433 shares during the last quarter. Finally, Truvestments Capital LLC purchased a new position in shares of Axcelis Technologies in the 3rd quarter worth about $69,000. Institutional investors and hedge funds own 89.98% of the company’s stock.

Axcelis Technologies Stock Up 3.0 %

NASDAQ ACLS opened at $60.63 on Monday. The company has a quick ratio of 4.05, a current ratio of 5.41 and a debt-to-equity ratio of 0.04. Axcelis Technologies, Inc. has a fifty-two week low of $53.67 and a fifty-two week high of $158.61. The business has a 50 day moving average price of $66.15 and a two-hundred day moving average price of $81.24. The stock has a market cap of $1.95 billion, a PE ratio of 9.86, a P/E/G ratio of 4.52 and a beta of 1.62.

Axcelis Technologies (NASDAQ:ACLS) last announced its earnings results on Monday, February 10th. The semiconductor company reported $1.54 earnings per share for the quarter, beating the consensus estimate 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, sell-side analysts predict that Axcelis Technologies, Inc. will post 2.55 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ACLS. Craig Hallum decreased their target price on Axcelis Technologies from $115.00 to $105.00 and set a “buy” rating for the company in a report on Wednesday, January 15th. Needham & Company LLC reiterated a “hold” rating on shares of Axcelis Technologies in a research note on Wednesday, February 12th. Finally, William Blair lowered shares of Axcelis Technologies from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 12th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Axcelis Technologies currently has a consensus rating of “Hold” and a consensus target price 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.