Axcelis Technologies Inc’s recent filing unveils that its PRESIDENT AND CEO Low Russell acquired Company’s shares for reported $49452.0 on Mar 11 ’24. In the deal valued at $112.39 per share,440 shares were bought. As a result of this transaction, Low Russell now holds 57,754 shares worth roughly $6.44 million.
Then, COOGAN JAMES GORDON bought 100 shares, generating $11,223 in total proceeds. Upon buying the shares at $112.23, the EVP AND CFO now owns 5,991 shares.
Before that, Lawson Douglas A. bought 500 shares. Axcelis Technologies Inc shares valued at $55,520 were divested by the EVP, CORPORATE MKTG & STRATEGY at a price of $111.04 per share. As a result of the transaction, Lawson Douglas A. now holds 19,648 shares, worth roughly $2.19 million.
Craig Hallum upgraded its Axcelis Technologies Inc [ACLS] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in mid December from “a Buy” to “a Neutral”. BofA Securities began covering ACLS with “Buy” recommendation on September 15, 2023. Craig Hallum revised its rating on August 04, 2023. It rated ACLS as “a Hold” which previously was an “a Buy”.
Price Performance Review of ACLS
On Friday, Axcelis Technologies Inc [NASDAQ:ACLS] saw its stock jump 4.51% to $111.45. Over the last five days, the stock has gained 8.14%. Axcelis Technologies Inc shares have fallen nearly -14.06% since the year began. Nevertheless, the stocks have fallen -9.10% over the past one year. While a 52-week high of $201.00 was reached on 01/24/24, a 52-week low of $93.77 was recorded on 04/22/24. SMA at 50 days reached $107.76, while 200 days put it at $137.32. A total of 0.76 million shares were traded, compared to the trading of 1.01 million shares in the previous session.
Levels Of Support And Resistance For ACLS Stock
The 24-hour chart illustrates a support level at 109.65, which if violated will result in even more drops to 107.86. On the upside, there is a resistance level at 113.70. A further resistance level may holdings at 115.96. The Relative Strength Index (RSI) on the 14-day chart is 60.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.94, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.29%. Stochastics %K at 77.61% indicates the stock is a holding.
