The stock of Axcelis Technologies Inc (NASDAQ:ACLS) is a huge mover today! About 182,465 shares traded hands or 45.50% up from the average. Axcelis Technologies Inc (NASDAQ:ACLS) has risen 0.36% since April 4, 2016 and is uptrending. It has underperformed by 0.73% the S&P500.
The move comes after 6 months positive chart setup for the $334.00M company. It was reported on Nov, 4 by Barchart.com. We have $26.26 PT which if reached, will make NASDAQ:ACLS worth $420.84M more.
Axcelis Technologies Inc (NASDAQ:ACLS) Ratings Coverage
Out of 3 analysts covering Axcelis Technologies (NASDAQ:ACLS), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Axcelis Technologies has been the topic of 4 analyst reports since August 8, 2015 according to StockzIntelligence Inc. The company was maintained on Thursday, November 5 by Benchmark. On Wednesday, October 5 the stock rating was maintained by Needham with “Buy”. The firm has “Hold” rating given on Saturday, August 8 by TheStreet. The company was downgraded on Tuesday, September 22 by TheStreet.
According to Zacks Investment Research, “Axcelis Technologies is a leading producer of ion implantation equipment used in the fabrication of semiconductors. The company also produces dry strip, photostabilization and rapid thermal processing equipment, which is used in semiconductor manufacturing primarily before and after the ion implantation process. In addition, the company provides extensive aftermarket service and support, including spare parts, equipment upgrades, maintenance services and customer training.”
Insitutional Activity: The institutional sentiment decreased to 0.55 in 2016 Q2. Its down 0.54, from 1.09 in 2016Q1. The ratio worsened, as 34 funds sold all Axcelis Technologies Inc shares owned while 24 reduced positions. 5 funds bought stakes while 27 increased positions. They now own 43.44 million shares or 46.93% less from 81.85 million shares in 2016Q1.
Victory Mngmt Inc reported 93,951 shares or 0% of all its holdings. Southport Limited Liability Co has invested 0.41% of its portfolio in Axcelis Technologies Inc (NASDAQ:ACLS). Savings Bank Of New York Mellon owns 434,821 shares or 0% of their US portfolio. Secor Capital Advisors Lp holds 154,381 shares or 0.21% of its portfolio. Deutsche Fincl Bank Ag holds 0% of its portfolio in Axcelis Technologies Inc (NASDAQ:ACLS) for 28,644 shares. Vanguard Group, a Pennsylvania-based fund reported 4.39M shares. Advisory Networks Ltd Company accumulated 1,133 shares or 0% of the stock. Carroll Financial Associate has 0% invested in the company for 342 shares. Geode Capital Mngmt reported 787,647 shares or 0% of all its holdings. The United Kingdom-based Gsa Cap Prns Llp has invested 0.04% in Axcelis Technologies Inc (NASDAQ:ACLS). Moreover, D E Shaw & Inc has 0% invested in Axcelis Technologies Inc (NASDAQ:ACLS) for 470,143 shares. Guggenheim Capital Ltd Liability reported 47,145 shares or 0% of all its holdings. Teachers Incorporated has invested 0% of its portfolio in Axcelis Technologies Inc (NASDAQ:ACLS). Schneider Management has 2.01 million shares for 1.01% of their US portfolio. Bnp Paribas Arbitrage Sa owns 4,509 shares or 0% of their US portfolio.
Insider Transactions: Since May 6, 2016, the stock had 2 insider purchases, and 1 sale for $239,778 net activity. Another trade for 5,000 shares valued at $12,500 was bought by Lawson Douglas A.. The insider BREWER KEVIN J bought $12,250. Shares for $308,485 were sold by Bintz William J on Monday, August 8. The insider George Arthur L Jr bought 5,000 shares worth $56,207.
More important recent Axcelis Technologies Inc (NASDAQ:ACLS) news were published by: Fool.com which released: “Axcelis Technologies Inc. Stock Plunges on Weak Outlook” on November 05, 2015, also Prnewswire.com published article titled: “Axcelis To Present At The Credit Suisse 7th Annual Small & Mid Cap Conference”, Prnewswire.com published: “Axcelis Appoints Dr. Russell Low New Executive Vice President Of Engineering” on October 31, 2016. More interesting news about Axcelis Technologies Inc (NASDAQ:ACLS) was released by: Fool.com and their article: “Why Shares of Axcelis Technologies Inc. Surged on Tuesday” with publication date: September 29, 2015.
ACLS Company Profile
Axcelis Technologies, Inc. (Axcelis), incorporated on December 21, 1995, designs, makes and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The Firm operates through the manufacture of capital equipment for the semiconductor manufacturing industry segment. The Firm sells its equipment to semiconductor chip manufacturers across the world. In addition to equipment, it provides aftermarket lifecycle services and products, including used tools, spare parts, equipment upgrades, maintenance services and customer training. The Firm offers a line of high energy, high current and medium current implanters for various application requirements. The Company’s other products include legacy dry strip equipment, curing systems and thermal processing systems.
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