5,454 Shares in Axcelis Technologies, Inc. (NASDAQ:ACLS) Bought by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. purchased a new stake in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 5,454 shares of the semiconductor company’s stock, valued at approximately $572,000.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in Axcelis Technologies by 6.5% during the first quarter. Vanguard Group Inc. now owns 4,304,516 shares of the semiconductor company’s stock worth $480,040,000 after purchasing an additional 263,604 shares during the period. Reinhart Partners LLC. boosted its holdings in shares of Axcelis Technologies by 64.1% during the 3rd quarter. Reinhart Partners LLC. now owns 687,608 shares of the semiconductor company’s stock worth $72,096,000 after buying an additional 268,560 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in shares of Axcelis Technologies by 12.1% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 510,894 shares of the semiconductor company’s stock worth $53,568,000 after buying an additional 55,048 shares during the period. Boston Trust Walden Corp bought a new stake in shares of Axcelis Technologies in the 3rd quarter valued at $53,099,000. Finally, American Century Companies Inc. lifted its position in shares of Axcelis Technologies by 11.2% during the 2nd quarter. American Century Companies Inc. now owns 385,181 shares of the semiconductor company’s stock valued at $54,769,000 after acquiring an additional 38,827 shares during the period. 89.98% of the stock is currently owned by institutional investors and hedge funds.

Axcelis Technologies Price Performance

Shares of NASDAQ ACLS opened at $75.07 on Friday. The stock has a market cap of $2.44 billion, a price-to-earnings ratio of 11.11, a PEG ratio of 2.28 and a beta of 1.60. 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 fifty-two week low of $69.35 and a fifty-two week high of $158.61. The firm’s 50-day simple moving average is $91.99 and its 200 day simple moving average is $111.20.

Analysts Set New Price Targets

ACLS has been the subject of a number of research reports. Needham & Company LLC restated a “hold” rating on shares of Axcelis Technologies in a report on Friday, November 8th. B. Riley decreased their target price on Axcelis Technologies from $190.00 to $165.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Finally, Benchmark lowered Axcelis Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target 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.