Jump Financial LLC Has $3.11 Million Stock Position in Axcelis Technologies, Inc. (NASDAQ:ACLS)

Jump Financial LLC increased its holdings in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) by 415.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,460 shares of the semiconductor company's stock after acquiring an additional 35,841 shares during the period. Jump Financial LLC owned about 0.14% of Axcelis Technologies worth $3,106,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Signaturefd LLC lifted its holdings in Axcelis Technologies by 90.6% during the 4th quarter. Signaturefd LLC now owns 364 shares of the semiconductor company's stock worth $25,000 after buying an additional 173 shares in the last quarter. Avior Wealth Management LLC lifted its holdings in Axcelis Technologies by 1,153.8% during the 4th quarter. Avior Wealth Management LLC now owns 489 shares of the semiconductor company's stock worth $34,000 after buying an additional 450 shares in the last quarter. Capital Advisors Ltd. LLC lifted its holdings in Axcelis Technologies by 1,415.2% during the 4th quarter. Capital Advisors Ltd. LLC now owns 500 shares of the semiconductor company's stock worth $35,000 after buying an additional 467 shares in the last quarter. Blue Trust Inc. lifted its holdings in Axcelis Technologies by 85.5% during the 4th quarter. Blue Trust Inc. now owns 627 shares of the semiconductor company's stock worth $44,000 after buying an additional 289 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in shares of Axcelis Technologies by 184.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 668 shares of the semiconductor company's stock valued at $47,000 after purchasing an additional 433 shares during the period. Institutional investors and hedge funds own 89.98% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. William Blair downgraded Axcelis Technologies from an "outperform" rating to a "market perform" rating in a research note on Wednesday, February 12th. B. Riley reissued a "neutral" rating and issued a $50.00 price target (down previously from $80.00) on shares of Axcelis Technologies in a research note on Monday. Needham & Company LLC restated a "hold" rating on shares of Axcelis Technologies in a research report on Wednesday, February 12th. Finally, Craig Hallum lowered their price objective on shares of Axcelis Technologies from $115.00 to $105.00 and set a "buy" rating for the company in a research report on Wednesday, January 15th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $131.00.

Axcelis Technologies Stock Up 3.2 %

ACLS stock traded up $1.44 during trading hours on Wednesday, reaching $46.54. 195,711 shares of the stock were exchanged, compared to its average volume of 634,729. The firm's 50-day moving average is $53.81 and its 200-day moving average is $69.13. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 7.57, a PEG ratio of 4.52 and a beta of 1.59. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.41 and a quick ratio of 4.05. Axcelis Technologies, Inc. has a 12 month low of $40.40 and a 12 month high of $158.61.

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

Axcelis Technologies announced that its board has initiated a share repurchase plan on Wednesday, March 12th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the semiconductor company to buy up to 5.2% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.

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.