Axcelis Technologies Inc (ACLS) Files Form 4 Insider Buying : Douglas A. Lawson Buys 5,000 Shares

Axcelis Technologies Inc (ACLS): Douglas A. Lawson , EVP, Corporate Mktg & Strategy of Axcelis Technologies Inc purchased 5,000 shares on May 9, 2016. The Insider buying transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were purchased at $2.50 per share for a total value of $12,500.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 6, 2016, Kevin J Brewer (CFO) purchased 5,000 shares at $2.45 per share price.On Nov 16, 2015, Lynnette C Fallon (Executive VP, HR/Legal) purchased 5,000 shares at $2.39 per share price.Also, On Nov 10, 2015, William J Bintz (EVP, Engineering and Marketing) purchased 5,000 shares at $2.35 per share price.On Nov 10, 2015, Mary G Puma (CEO) purchased 40,000 shares at $2.36 per share price.

Shares of Axcelis Technologies Inc (ACLS) ended Friday, May 6, 2016 session in red amid volatile trading. The shares closed down -0.06 points or -2.34% at $2.5 with 8,19,764 shares getting traded. Post opening the session at $2.54, the shares hit an intraday low of $2.4 and an intraday high of $2.5535 and the price vacillated in this range throughout the day. The company has a market cap of $290 M and the number of outstanding shares has been calculated to be 11,61,52,261 shares. The 52-week high of Axcelis Technologies Inc is $3.495 and the 52-week low is $1.79.

Axcelis Technologies Inc Money Flow Index Chart

Axcelis Technologies Inc. designs manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The Company sells its equipment to semiconductor chip manufacturers across the world. In addition to equipment it provides aftermarket lifecycle products and services including used tools spare parts equipment upgrades maintenance services and customer training. Its customers are located in the United States Europe and Asia Pacific. The Company offers a line of high energy high current and medium current implanters for all application requirements. Its newest systems are all based on a common Purion platform which offers purity precision and productivity by combining a single wafer end station enabling unmatched throughput (500 wafers per hour) and a spot beam. Its Purion XE is the high energy system which combines Axcelis’ production-proven RF Linac high energy spot beam technology with the Purion platform.

Leave a Reply

Axcelis Technologies Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Axcelis Technologies Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.