Balyasny Asset Management L.P. Adds $210M in Axcelis Technologies, Inc. ($ACLS)

Editorial illustration for Axcelis Technologies, Inc. (ACLS)

Key Points

  • Balyasny Asset Management L.P. changed its Axcelis Technologies, Inc. ($ACLS) stake by 460.38% last quarter, boosting to 1,364,540 shares worth $255.05 million.
  • $ACLS last traded around $186.91.

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Balyasny Asset Management L.P. increased its position in Axcelis Technologies, Inc. ($ACLS) by 460.38% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,364,540 shares of Axcelis Technologies, Inc. after buying 1,121,037 shares during the quarter. Balyasny Asset Management L.P.'s holdings in Axcelis Technologies, Inc. were worth $255.05 million as of its most recent filing.

Axcelis Technologies, Inc. Stock Up 61.7%

Shares of Axcelis Technologies, Inc. ($ACLS) traded around $186.91 on Saturday, up 61.7% for the day.

Last price$186.91
Market cap$3.56B
P/E ratio38.70
Forward P/E21.89
PEG ratio1.45
Beta1.88
52-week low$73.60
52-week high$193.78
50-day MA$140.51
200-day MA$116.09
Current ratio4.90
Quick ratio2.78
Debt-to-equity0.07

Axcelis Technologies, Inc. Earnings

EPS (ttm)$2.98
Revenue (ttm)$866.07M
Revenue growth10.60%
Net margin10.71%
Return on equity8.89%
Next earningsNov 3, 2026

Analysts Set New Price Targets

Average target$161
High target$198
Low target$140
Analysts covering3

About Axcelis Technologies, Inc.

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 the Asia Pacific. The company provides high energy, high current, and medium current implanters for various application requirements. It also offers aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services, and customer training. The company sells its equipment and services to semiconductor chip manufacturers through its direct sales force. Axcelis Technologies, Inc. was founded in 1978 and is headquartered in Beverly, Massachusetts.

ExchangeNasdaqGS
SectorTechnology
IndustrySemiconductor Equipment & Materials
HeadquartersBeverly, MA
CEODr. Russell J. Low Ph.D.
Employees1,465

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