Atria Wealth Solutions Inc. Decreases Holdings in Axcelis Technologies, Inc. (NASDAQ:ACLS)

Atria Wealth Solutions Inc. reduced its stake in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 11.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,511 shares of the semiconductor company’s stock after selling 1,355 shares during the period. Atria Wealth Solutions Inc.’s holdings in Axcelis Technologies were worth $1,363,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Chartwell Investment Partners LLC acquired a new stake in Axcelis Technologies in the 3rd quarter valued at $437,000. Louisiana State Employees Retirement System acquired a new stake in Axcelis Technologies in the 4th quarter valued at $2,127,000. Fuller & Thaler Asset Management Inc. increased its holdings in Axcelis Technologies by 8.7% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 224,118 shares of the semiconductor company’s stock valued at $36,542,000 after purchasing an additional 17,885 shares in the last quarter. Barclays PLC increased its holdings in Axcelis Technologies by 267.0% in the 3rd quarter. Barclays PLC now owns 100,409 shares of the semiconductor company’s stock valued at $16,372,000 after purchasing an additional 73,053 shares in the last quarter. Finally, Northern Trust Corp boosted its position in Axcelis Technologies by 2.0% in the 3rd quarter. Northern Trust Corp now owns 392,377 shares of the semiconductor company’s stock valued at $63,977,000 after buying an additional 7,595 shares during the last quarter. 89.98% of the stock is currently owned by institutional investors and hedge funds.

Axcelis Technologies Stock Down 1.8 %

NASDAQ:ACLS opened at $101.70 on Thursday. The company has a market capitalization of $3.32 billion, a price-to-earnings ratio of 13.69, a price-to-earnings-growth ratio of 1.13 and a beta of 1.63. Axcelis Technologies, Inc. has a one year low of $93.77 and a one year high of $201.00. The stock has a 50-day simple moving average of $107.85 and a 200 day simple moving average of $121.98. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.71 and a current ratio of 3.79.

Axcelis Technologies (NASDAQ:ACLS) last posted its quarterly earnings results on Wednesday, May 1st. The semiconductor company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.33. The business had revenue of $252.37 million during the quarter, compared to the consensus estimate of $242.61 million. Axcelis Technologies had a return on equity of 31.66% and a net margin of 21.78%. The company’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period last year, the firm earned $1.43 earnings per share. Sell-side analysts predict that Axcelis Technologies, Inc. will post 6.88 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP Douglas A. Lawson purchased 500 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The stock was acquired at an average cost of $111.04 per share, for a total transaction of $55,520.00. Following the completion of the purchase, the executive vice president now owns 19,648 shares of the company’s stock, valued at $2,181,713.92. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.14% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on ACLS shares. B. Riley decreased their price objective on shares of Axcelis Technologies from $180.00 to $165.00 and set a “buy” rating for the company in a research report on Friday, February 9th. B. Riley Financial decreased their price objective on shares of Axcelis Technologies from $180.00 to $165.00 and set a “buy” rating for the company in a research report on Friday, February 9th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $189.00.

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.