D.A. Davidson & CO. Buys Shares of 4,887 Axcelis Technologies, Inc. (NASDAQ:ACLS)

D.A. Davidson & CO. acquired a new position in Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 4,887 shares of the semiconductor company's stock, valued at approximately $341,000.

Several other institutional investors have also recently bought and sold shares of ACLS. State Street Corp grew its position in shares of Axcelis Technologies by 1.5% during the 3rd quarter. State Street Corp now owns 1,233,282 shares of the semiconductor company's stock worth $129,310,000 after buying an additional 18,101 shares during the period. Reinhart Partners LLC. boosted its stake in Axcelis Technologies by 50.7% during the 4th quarter. Reinhart Partners LLC. now owns 1,036,112 shares of the semiconductor company's stock worth $72,393,000 after acquiring an additional 348,504 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Axcelis Technologies by 3.3% in the 3rd quarter. Geode Capital Management LLC now owns 874,516 shares of the semiconductor company's stock valued at $91,708,000 after buying an additional 28,141 shares during the period. Boston Trust Walden Corp increased its holdings in shares of Axcelis Technologies by 61.9% in the fourth quarter. Boston Trust Walden Corp now owns 820,116 shares of the semiconductor company's stock worth $57,302,000 after acquiring an additional 313,689 shares in the last quarter. Finally, Pacer Advisors Inc. increased its stake in Axcelis Technologies by 78,037.4% during the 4th quarter. Pacer Advisors Inc. now owns 782,155 shares of the semiconductor company's stock worth $54,649,000 after purchasing an additional 781,154 shares in the last quarter. Institutional investors own 89.98% of the company's stock.

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Analyst Ratings Changes

Several analysts have issued reports on the company. Benchmark downgraded Axcelis Technologies from a "buy" rating to a "hold" rating in a research note on Friday, November 8th. 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 note on Wednesday, January 15th. Needham & Company LLC reaffirmed a "hold" rating on shares of Axcelis Technologies in a report on Wednesday, February 12th. Finally, William Blair cut shares of Axcelis Technologies from an "outperform" rating to a "market perform" rating in a research note on Wednesday, February 12th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Axcelis Technologies has an average rating of "Hold" and a consensus price target of $154.00.

Axcelis Technologies Stock Performance

ACLS stock traded down $0.28 during trading hours on Friday, hitting $54.72. 787,880 shares of the stock were exchanged, compared to its average volume of 661,492. The company has a 50-day simple moving average of $67.53 and a two-hundred day simple moving average of $83.45. The firm has a market capitalization of $1.78 billion, a P/E ratio of 8.90, a P/E/G ratio of 4.52 and a beta of 1.52. Axcelis Technologies, Inc. has a 12 month low of $53.67 and a 12 month high of $158.61. 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 - Get Free Report) last issued its quarterly earnings data on Monday, February 10th. The semiconductor company reported $1.54 earnings per share for the quarter, topping 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%. On average, analysts forecast that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current fiscal year.

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.