Mary Puma (Insider Trades), CEO, president and chairman of Axcelis Technologies Inc. (ACLS), bought 40,000 shares of the company on Nov. 9. The average price per share was $2.36 for a total transaction cost of $94,400. Axcelis Technologies develops and manufactures complete life cycle support of ion implantation systems in the semiconductor business. The company has a market cap of $284.65 million and a P/S ratio of 0.92.
The number of Axcelis insider buys decreased from 2012 to 2015. There were 11 transactions totaling 159,000 shares in 2012, and only two transactions amounting to 50,000 shares in 2015. The amount of insider sells for the company increased during the same period of time. 
Puma made two insider buys and four sells of 60,000 and 51,862 shares since May 2011. William Bintz (Insider Trades), executive vice president of Engineering and Marketing, bought 5,000 shares of the company on Nov. 10, for an average per share price of $2.35. One day prior, John Aldeborgh (Insider Trades), also bought 19,166 shares of Axcelis for $2.37 per share. For more information about insider transactions with Axcelis Technologies Inc., click here.
The company reported total revenue of $79.317 million in the third quarter of 2015, up from a total revenue of $38.531 million in the third quarter of the previous year. Axcelis' net income also increased from -$4.704 million to $6.101 million during this period of time. The company’s annual revenue decreased 10.4%, and annual net income also follows a decreasing trendline since 2010. 
On Sept. 29, Axcelis announced that it received orders for Purion M, the company’s medium current implanter, from three leading specialty evice chipmakers. The systems will be used in power devices and specialty logic chips for the automotive, mobile and Internet of Things markets. Puma commented that the company expects “continued market share growth in 2016,” following an estimated 17% to 20% market share at the end of 2015.
According to GuruFocus.com information, Axcelis Technologies has a business predictability rank of 1 out of 5 stars. For more information about business predictability rank, click here.
Two gurus increased their stake in Axcelis in the second quarter of 2015. Jim Simons (Trades, Portfolio) bought 77,200 shares at an average per share price of $2.90 after selling out all shares in the second quarter of 2013. In a similar situation, Paul Tudor Jones (Trades, Portfolio) also acquired 32,469 shares after selling out all shares in 2011. For more information about guru transactions with Axcelis Technologies Inc., click here.
For more stock trades of gurus in real time, visit GuruFocus’ Real Time Picks, a Premium Feature. Not a Premium Member of GuruFocus? Try it free for 7 days here.
