Axcelis Technologies Inc (ACLS) Holdings Boosted by Macquarie Group Ltd.

Macquarie Group Ltd. boosted its stake in shares of Axcelis Technologies Inc (NASDAQ:ACLS) by 48.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 68,610 shares of the semiconductor company’s stock after buying an additional 22,534 shares during the quarter. Macquarie Group Ltd. owned approximately 0.22% of Axcelis Technologies worth $1,876,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. The Manufacturers Life Insurance Company lifted its stake in Axcelis Technologies by 2.8% in the second quarter. The Manufacturers Life Insurance Company now owns 24,397 shares of the semiconductor company’s stock valued at $510,000 after purchasing an additional 660 shares during the last quarter. TIAA CREF Investment Management LLC lifted its stake in Axcelis Technologies by 1.5% in the second quarter. TIAA CREF Investment Management LLC now owns 79,807 shares of the semiconductor company’s stock valued at $1,672,000 after purchasing an additional 1,147 shares during the last quarter. New York State Common Retirement Fund lifted its stake in Axcelis Technologies by 4.7% in the second quarter. New York State Common Retirement Fund now owns 30,975 shares of the semiconductor company’s stock valued at $649,000 after purchasing an additional 1,399 shares during the last quarter. Wells Fargo & Company MN raised its holdings in Axcelis Technologies by 5.2% during the 2nd quarter. Wells Fargo & Company MN now owns 28,572 shares of the semiconductor company’s stock valued at $599,000 after acquiring an additional 1,416 shares during the period. Finally, Teachers Advisors LLC raised its holdings in Axcelis Technologies by 3.4% during the 1st quarter. Teachers Advisors LLC now owns 48,234 shares of the semiconductor company’s stock valued at $907,000 after acquiring an additional 1,568 shares during the period. 77.95% of the stock is owned by hedge funds and other institutional investors.

Axcelis Technologies Inc (NASDAQ ACLS) traded down $1.00 on Friday, hitting $28.70. 420,173 shares of the company were exchanged, compared to its average volume of 487,160. The stock has a market cap of $932.97, a PE ratio of 24.12, a price-to-earnings-growth ratio of 1.03 and a beta of 1.07. Axcelis Technologies Inc has a 52 week low of $14.00 and a 52 week high of $37.05.

Several research analysts have recently weighed in on ACLS shares. Zacks Investment Research upgraded shares of Axcelis Technologies from a “hold” rating to a “buy” rating and set a $26.00 price target for the company in a research report on Friday, September 15th. ValuEngine upgraded shares of Axcelis Technologies from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Craig Hallum downgraded shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. BidaskClub downgraded shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, December 12th. Finally, Benchmark reaffirmed a “buy” rating and set a $28.00 target price (up previously from $24.00) on shares of Axcelis Technologies in a research note on Friday, September 8th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Axcelis Technologies presently has an average rating of “Buy” and a consensus target price of $31.33.

In other Axcelis Technologies news, EVP John E. Aldeborgh sold 87,500 shares of the business’s stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $33.22, for a total value of $2,906,750.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John T. Kurtzweil sold 1,800 shares of the business’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $34.03, for a total transaction of $61,254.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 190,190 shares of company stock worth $6,334,389. 5.66% of the stock is currently owned by insiders.

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Axcelis Technologies Company Profile

Axcelis Technologies, Inc designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The Company also provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training.

Institutional Ownership by Quarter for Axcelis Technologies (NASDAQ:ACLS)

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