Axcelis Technologies Inc (NASDAQ:ACLS) was the target of unusually large options trading on Thursday. Stock traders purchased 2,155 call options on the company. This is an increase of approximately 1,972% compared to the typical daily volume of 104 call options.

Several equities analysts have recently weighed in on ACLS shares. Stifel Nicolaus raised Axcelis Technologies from a “hold” rating to a “buy” rating in a research report on Monday. Benchmark reissued a “buy” rating and set a $33.00 target price (down previously from $36.00) on shares of Axcelis Technologies in a research report on Thursday, January 18th. B. Riley boosted their target price on Axcelis Technologies from $30.00 to $39.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. Zacks Investment Research raised Axcelis Technologies from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a research report on Thursday, November 2nd. Finally, ValuEngine raised Axcelis Technologies from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. Axcelis Technologies presently has an average rating of “Buy” and a consensus target price of $32.17.

Axcelis Technologies (ACLS) opened at $26.00 on Tuesday. The firm has a market capitalization of $811.82, a P/E ratio of 21.85, a PEG ratio of 0.72 and a beta of 1.10. Axcelis Technologies has a 12-month low of $14.60 and a 12-month high of $37.05.

Axcelis Technologies (NASDAQ:ACLS) last released its earnings results on Thursday, November 2nd. The semiconductor company reported $0.38 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.28 by $0.10. Axcelis Technologies had a return on equity of 16.37% and a net margin of 10.80%. equities analysts anticipate that Axcelis Technologies will post 1.44 earnings per share for the current year.

In other Axcelis Technologies news, EVP John E. Aldeborgh sold 87,500 shares of Axcelis Technologies stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $33.22, for a total value of $2,906,750.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director John T. Kurtzweil sold 1,800 shares of Axcelis Technologies stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $34.03, for a total value of $61,254.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 190,190 shares of company stock worth $6,334,389. Corporate insiders own 5.66% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of ACLS. Royal Bank of Canada boosted its holdings in Axcelis Technologies by 391.3% during the 2nd quarter. Royal Bank of Canada now owns 4,913 shares of the semiconductor company’s stock valued at $103,000 after acquiring an additional 3,913 shares during the period. Advisor Group Inc. boosted its holdings in Axcelis Technologies by 143.7% during the 3rd quarter. Advisor Group Inc. now owns 3,985 shares of the semiconductor company’s stock valued at $109,000 after acquiring an additional 2,350 shares during the period. State of Alaska Department of Revenue purchased a new position in Axcelis Technologies during the 4th quarter valued at $178,000. Jane Street Group LLC purchased a new position in Axcelis Technologies during the 3rd quarter valued at $201,000. Finally, J.P. Marvel Investment Advisors LLC purchased a new position in Axcelis Technologies during the 2nd quarter valued at $220,000. Institutional investors own 77.72% of the company’s stock.

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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.

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