Peterson Wealth Services Has $538,000 Position in Axcelis Technologies, Inc. (NASDAQ:ACLS)

Peterson Wealth Services grew its position in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 12.7% during the 4th quarter, Holdings Channel reports. The firm owned 7,693 shares of the semiconductor company’s stock after purchasing an additional 868 shares during the quarter. Peterson Wealth Services’ holdings in Axcelis Technologies were worth $538,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in ACLS. 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 valued at $34,000 after purchasing an additional 450 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of 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. Truvestments Capital LLC bought a new position in shares of Axcelis Technologies in the third quarter valued at approximately $69,000. KBC Group NV boosted its holdings in shares of Axcelis Technologies by 46.8% in the 4th quarter. KBC Group NV now owns 1,371 shares of the semiconductor company’s stock worth $96,000 after acquiring an additional 437 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in Axcelis Technologies by 37.2% during the 3rd quarter. GAMMA Investing LLC now owns 999 shares of the semiconductor company’s stock worth $105,000 after acquiring an additional 271 shares during the last quarter. Institutional investors own 89.98% of the company’s stock.

Axcelis Technologies Trading Up 5.8 %

ACLS stock opened at $67.58 on Tuesday. The company has a quick ratio of 3.29, a current ratio of 4.45 and a debt-to-equity ratio of 0.04. Axcelis Technologies, Inc. has a twelve month low of $63.08 and a twelve month high of $158.61. The company has a market cap of $2.20 billion, a P/E ratio of 10.00, a PEG ratio of 2.39 and a beta of 1.52. The business has a fifty day moving average of $71.47 and a 200-day moving average of $88.83.

Axcelis Technologies (NASDAQ:ACLS) last announced its quarterly earnings data on Monday, February 10th. The semiconductor company reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.29. Axcelis Technologies had a return on equity of 24.16% and a net margin of 20.65%. As a group, equities research analysts expect that Axcelis Technologies, Inc. will post 5.86 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on ACLS shares. Craig Hallum cut their price objective on Axcelis Technologies from $115.00 to $105.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th. Benchmark cut Axcelis Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Axcelis Technologies in a report on Friday, November 8th. Three 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, Axcelis Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $154.00.

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.