WINTON GROUP Ltd Boosts Stock Holdings in Axcelis Technologies, Inc. (NASDAQ:ACLS)

WINTON GROUP Ltd raised its position in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 7.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,766 shares of the semiconductor company’s stock after acquiring an additional 575 shares during the quarter. WINTON GROUP Ltd’s holdings in Axcelis Technologies were worth $1,246,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. CWM LLC raised its stake in Axcelis Technologies by 4.8% in the 2nd quarter. CWM LLC now owns 1,506 shares of the semiconductor company’s stock valued at $214,000 after purchasing an additional 69 shares during the last quarter. Andina Capital Management LLC raised its position in shares of Axcelis Technologies by 3.7% in the second quarter. Andina Capital Management LLC now owns 2,791 shares of the semiconductor company’s stock valued at $397,000 after buying an additional 99 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in shares of Axcelis Technologies by 17.5% in the first quarter. Advisors Asset Management Inc. now owns 670 shares of the semiconductor company’s stock worth $75,000 after buying an additional 100 shares in the last quarter. Eagle Bay Advisors LLC boosted its position in Axcelis Technologies by 1.7% during the first quarter. Eagle Bay Advisors LLC now owns 7,310 shares of the semiconductor company’s stock worth $815,000 after acquiring an additional 125 shares during the last quarter. Finally, Arizona State Retirement System grew its stake in Axcelis Technologies by 1.5% during the 2nd quarter. Arizona State Retirement System now owns 9,134 shares of the semiconductor company’s stock valued at $1,299,000 after acquiring an additional 134 shares in the last quarter. Hedge funds and other institutional investors own 89.98% of the company’s stock.

Axcelis Technologies Trading Up 3.7 %

NASDAQ ACLS opened at $103.27 on Monday. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.42 and a quick ratio of 3.26. The stock has a market capitalization of $3.37 billion, a P/E ratio of 13.64, a PEG ratio of 3.06 and a beta of 1.58. The firm’s 50-day moving average is $118.02 and its two-hundred day moving average is $116.80. Axcelis Technologies, Inc. has a 12 month low of $93.77 and a 12 month high of $181.45.

Axcelis Technologies (NASDAQ:ACLS) last issued its quarterly earnings data on Wednesday, July 31st. The semiconductor company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.37 by $0.18. Axcelis Technologies had a net margin of 21.54% and a return on equity of 27.35%. The firm had revenue of $256.51 million for the quarter, compared to analyst estimates of $250.06 million. During the same period in the prior year, the business posted $1.86 EPS. The business’s revenue for the quarter was down 6.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Axcelis Technologies, Inc. will post 6.05 earnings per share for the current year.

Insider Activity

In related news, Director Jorge Titinger sold 6,086 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $109.98, for a total transaction of $669,338.28. Following the completion of the transaction, the director now directly owns 5,891 shares in the company, valued at approximately $647,892.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.43% of the company’s stock.

Analyst Upgrades and Downgrades

ACLS has been the topic of several recent research reports. Benchmark lowered their target price on Axcelis Technologies from $180.00 to $175.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Craig Hallum upped their target price on Axcelis Technologies from $130.00 to $174.00 and gave the company a “buy” rating in a report on Friday, July 12th. B. Riley reduced their price target on Axcelis Technologies from $190.00 to $165.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Needham & Company LLC reissued a “hold” rating on shares of Axcelis Technologies in a report on Friday, August 2nd. Finally, DA Davidson boosted their target price on shares of Axcelis Technologies from $150.00 to $175.00 and gave the company a “buy” rating in a report on Monday, July 15th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $167.33.

Axcelis Technologies 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.