6,672 Shares in Axcelis Technologies, Inc. (NASDAQ:ACLS) Bought by Virtu Financial LLC

Virtu Financial LLC purchased a new stake in Axcelis Technologies, Inc. (NASDAQ:ACLS) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 6,672 shares of the semiconductor company’s stock, valued at approximately $700,000.

A number of other large investors have also recently added to or reduced their stakes in ACLS. Van ECK Associates Corp raised its stake in shares of Axcelis Technologies by 40.0% in the 3rd quarter. Van ECK Associates Corp now owns 23,751 shares of the semiconductor company’s stock valued at $2,490,000 after purchasing an additional 6,786 shares in the last quarter. Royce & Associates LP raised its stake in Axcelis Technologies by 157.1% during the third quarter. Royce & Associates LP now owns 273,671 shares of the semiconductor company’s stock valued at $28,694,000 after buying an additional 167,235 shares in the last quarter. Harbor Capital Advisors Inc. raised its stake in Axcelis Technologies by 243.8% during the third quarter. Harbor Capital Advisors Inc. now owns 60,328 shares of the semiconductor company’s stock valued at $6,325,000 after buying an additional 42,779 shares in the last quarter. Annex Advisory Services LLC lifted its holdings in Axcelis Technologies by 72.0% during the 3rd quarter. Annex Advisory Services LLC now owns 12,226 shares of the semiconductor company’s stock worth $1,282,000 after buying an additional 5,118 shares during the last quarter. Finally, FMR LLC increased its holdings in shares of Axcelis Technologies by 51.4% in the 3rd quarter. FMR LLC now owns 263,332 shares of the semiconductor company’s stock valued at $27,610,000 after acquiring an additional 89,453 shares during the last quarter. 89.98% of the stock is currently owned by institutional investors.

Axcelis Technologies Stock Performance

Shares of ACLS opened at $75.29 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.29 and a current ratio of 4.45. Axcelis Technologies, Inc. has a 1 year low of $69.35 and a 1 year high of $158.61. The firm has a fifty day moving average of $84.00 and a 200-day moving average of $107.34. The company has a market cap of $2.45 billion, a price-to-earnings ratio of 11.14, a price-to-earnings-growth ratio of 2.36 and a beta of 1.53.

Wall Street Analyst Weigh In

ACLS has been the topic of several research analyst reports. Needham & Company LLC restated a “hold” rating on shares of Axcelis Technologies in a research note on Friday, November 8th. Benchmark downgraded shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Axcelis Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $167.33.

About Axcelis Technologies

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.