Axcelis Technologies

Todd Sutton, VP Corporate Controller at Axcelis Technologies, sold 2,574 shares in an open-market transaction worth about $422,000, reducing his direct holdings by 24.8% to 7,817 shares, of which 5,538 are unvested RSUs. The sale occurred with the stock up roughly 152% over the past year, reflecting a strong semiconductor capital equipment cycle. Analysts note the remaining unrestricted insider stake is thin and caution that Axcelis is exposed to cyclicality in wafer fab equipment spending, so the recent rally may be cycle-driven rather than a lasting re-rating; a small position is suggested only for investors who accept high volatility. » More on finance.yahoo.com

Axcelis reported a non-GAAP earnings per share of $0.72 and revenue of $199 million for Q1 2026, missing consensus estimates. A one-time settlement with a customer of $4.9 million reduced the gross margin and cut EPS by about $0.09. Management expects Q2 revenue of around $205 million and an improvement in the non-GAAP gross margin to about 43%, supported by rising demand in the memory segment; transaction and integration costs related to the merger with Veeco continue to weigh on results. Axcelis sees market stabilization and aims to return to growth in 2027, with memory and SiC applications seen as decisive. » More on de.investing.com

Axcelis Technologies stock closed at $121.13, marking a new 52-week high and a 165.21% gain over the past year. In the fourth quarter the company beat analysts’ estimates on both adjusted earnings of $1.49 per share and revenue of $238.33 million, but issued weaker guidance for the first quarter. Axcelis also reported a CFO change (David Ryzhik interim) and received approval from Science Based Targets for emissions reduction targets with a net-zero goal by 2050. » More on de.investing.com