Insider Sale: Director Jorge Titinger Sells 6,086 Shares of Axcelis Technologies Inc (ACLS)

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Director Jorge Titinger sold 6,086 shares of Axcelis Technologies Inc (ACLS, Financial) on August 6, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 5,891 shares of the company.

Axcelis Technologies Inc specializes in providing innovative, high-productivity solutions for the semiconductor industry. The company's products are essential in the fabrication of semiconductor chips, serving customers across the globe.

Over the past year, Jorge Titinger has engaged in multiple transactions involving company shares. The insider has sold a total of 12,967 shares and has not purchased any shares.

The insider transaction history for Axcelis Technologies Inc shows a trend with 3 insider buys and 9 insider sells over the past year.

On the date of the latest transaction by the insider, shares of Axcelis Technologies Inc were trading at $109.98. This pricing gives the company a market cap of approximately $3.498 billion.

The price-earnings ratio of Axcelis Technologies Inc stands at 14.76, which is lower than the industry median of 28.51 and also below the company’s historical median.

With a current price of $109.98 and a GF Value of $121.43, the stock has a price-to-GF-Value ratio of 0.91, indicating that it is Modestly Undervalued.

The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.

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This insider sale might interest investors tracking insider behaviors or those looking for signals on the valuation and stock performance of Axcelis Technologies Inc.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.