Axcelis Technologies Inc (NASDAQ:ACLS) had its Buy rating reiterated by Needham & Company LLC with a $27.00 price target

ME Staff
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Analyst Ratings For Axcelis Technologies Inc (NASDAQ:ACLS)

Today, Needham & Company LLC reiterated its Buy rating on Axcelis Technologies Inc (NASDAQ:ACLS) with a price target of $27.00.

There are 5 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Axcelis Technologies Inc (NASDAQ:ACLS) is Buy with a consensus target price of $30.60 per share, a potential 29.94% upside.

Some recent analyst ratings include

  • 8/3/2018-Needham & Company LLC Reiterated Rating of Buy.
  • 8/3/2018-Craig Hallum was Downgraded by analysts at Craig Hallum from a “Buy ” rating to a ” Hold” rating. They now have a N/A price target on the stock.
  • 8/3/2018-Benchmark Reiterated Rating of Buy.
  • 6/20/2018-Northland Securities initiated coverage with a Outperform rating.
  • 1/22/2018-Stifel Nicolaus Upgrade from a “Hold ” rating to a ” Buy” rating.

Recent Insider Trading Activity For Axcelis Technologies Inc (NASDAQ:ACLS)
Axcelis Technologies Inc (NASDAQ:ACLS) has insider ownership of 3.31% and institutional ownership of 86.22%.

  • On 6/1/2018 Douglas A Lawson, EVP, sold 6,107 with an average share price of $21.72 per share and the total transaction amounting to $132,644.04.
  • On 5/18/2018 John T Kurtzweil, Director, sold 900 with an average share price of $21.24 per share and the total transaction amounting to $19,116.00.
  • On 3/14/2018 Douglas A Lawson, EVP, sold 3,478 with an average share price of $26.52 per share and the total transaction amounting to $92,236.56.
  • On 3/14/2018 Joseph P Keithley, Director, sold 4,000 with an average share price of $26.75 per share and the total transaction amounting to $107,000.00.
  • On 11/15/2017 John T. Kurtzweil, Director, sold 1,800 with an average share price of $34.03 per share and the total transaction amounting to $61,254.00.
  • On 11/13/2017 Kevin J. Brewer, CFO, sold 44,640 with an average share price of $33.93 per share and the total transaction amounting to $1,514,635.20.
  • On 11/8/2017 John E. Aldeborgh, EVP, sold 87,500 with an average share price of $33.22 per share and the total transaction amounting to $2,906,750.00.

About Axcelis Technologies Inc (NASDAQ:ACLS)
Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips worldwide. The company offers a line of high energy, high current, and medium current implanters for various application requirements. It also provides dry strip equipment, curing systems, and thermal processing systems. In addition, the company offers aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services, and customer training. It sells its equipment and services to semiconductor chip manufacturers through its direct sales force. The company was founded in 1995 and is headquartered in Beverly, Massachusetts.

Recent Trading Activity for Axcelis Technologies Inc (NASDAQ:ACLS)
Shares of Axcelis Technologies Inc closed the previous trading session at 23.50 up +0.60 2.62% with 23.2 shares trading hands.