Balyasny Asset Management L.P. Adds $194M in Axcelis Technologies, Inc. ($ACLS)
Key Points
- Balyasny Asset Management L.P. changed its Axcelis Technologies, Inc. ($ACLS) stake by 460.4% last quarter, boosting to 1,364,540 shares worth $235.79 million.
- Wall Street's consensus rating on $ACLS is Buy and an average price target of $161.00.
- $ACLS last traded around $172.80.
Balyasny Asset Management L.P. increased its position in Axcelis Technologies, Inc. ($ACLS) by 460.4% 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 $235.79 million as of its most recent filing.
Axcelis Technologies, Inc. ($ACLS) Stock
Axcelis Technologies, Inc. Earnings
Analysts Set New Price Targets
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.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.