1 week Ago By Defense World Staff
JPMorgan Chase & Co. raised its position in Axcelis Technologies, Inc. (NASDAQ:ACLS – Free Report) by 5.
9% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 189,568 shares of the semiconductor company’s stock after purchasing an additional 10,645 shares during the period. JPMorgan Chase & Co.
owned 0.58% of Axcelis Technologies worth $13,245,000 at the end of the most recent quarter. Several other institutional investors and hedge funds also recently added to or reduced their stakes in ACLS.
Signaturefd LLC boosted its position in Axcelis Technologies by 90.6% during the fourth quarter. Signaturefd LLC now owns 364 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 173 shares during the last quarter.
Avior Wealth Management LLC grew its position in shares of Axcelis Technologies by 1,153.8% in the fourth quarter. Avior Wealth Management LLC now owns 489 shares of the semiconductor company’s stock valued at $34,000 after purchasing an additional 450 shares in the last quarter.
Capital Advisors Ltd. LLC grew its position in shares of 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 purchasing an additional 467 shares in the last quarter. Blue Trust Inc.
lifted 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 worth $44,000 after buying an additional 289 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted 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 buying an additional 433 shares during the last quarter. Institutional investors and hedge funds own 89.98% of the company’s stock.
Axcelis Technologies Stock Up 4.0 %Axcelis Technologies stock opened at $47.05 on Friday.
The company has a market capitalization of $1.51 billion, a PE ratio of 7.65, a price-to-earnings-growth ratio of 4.
52 and a beta of 1.59. The company has a debt-to-equity ratio of 0.
04, a quick ratio of 4.05 and a current ratio of 5.41.
Axcelis Technologies, Inc. has a fifty-two week low of $40.40 and a fifty-two week high of $158.
61. The firm has a 50 day moving average price of $56.33 and a 200 day moving average price of $71.
94. Axcelis Technologies (NASDAQ:ACLS – Get Free Report) last posted its earnings results on Monday, February 10th. The semiconductor company reported $1.
54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.29.
Axcelis Technologies had a return on equity of 21.02% and a net margin of 19.75%.
Research analysts expect that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current year.
Axcelis Technologies declared that its Board of Directors has initiated a share repurchase program on Wednesday, March 12th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the semiconductor company to reacquire up to 5.
2% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued. Analysts Set New Price TargetsSeveral brokerages have recently weighed in on ACLS.
Needham & Company LLC reissued a “hold” rating on shares of Axcelis Technologies in a research report on Wednesday, February 12th. Craig Hallum decreased their target price on shares of Axcelis Technologies from $115.00 to $105.
00 and set a “buy” rating on the stock in a report on Wednesday, January 15th. Finally, William Blair downgraded shares of Axcelis Technologies from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 12th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock.
Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $154.00.
Read Our Latest Stock Report on Axcelis TechnologiesAxcelis Technologies Profile (Free Report)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.Further ReadingFive stocks we like better than Axcelis TechnologiesManufacturing Stocks InvestingRobinhood Strategies Could Be a Game-Changer for Young InvestorsHow Investors Can Find the Best Cheap Dividend StocksAre These 3 Retail Stocks Oversold or Really in Trouble?Using the MarketBeat Stock Split CalculatorIONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead.
