Insider Trading Weekly Review - Axcelis Technologies, Inc. (NASDAQ- ACLS.O)

March 9, 2011 - PRLog -- Axcelis Technologies, Inc. is operating in designing, manufacturing and servicing ion implantation, dry strip and other processing equipment used in the fabrication of semiconductor chips. Insiderslab.com reported notable insider trades of Axcelis Technologies on February 4, February 9, February 7 and February 18.

02/04/2011: Director Stephen Hardis acquired 25,000 common shares at $2.52 per share on the open market. Holding increased 4%
02/04/2011: Chairman, President, CEO and Director Mary Puma acquired 10,000 common shares at $2.64 per share on the open market. Holding increased 3%
02/04/2011: CFO and EVP Jay Zager acquired 10,000 common shares at $2.50 per share on the open market. Jay Zager is the new insider of the firm.
02/08/2011: Director Geoffrey Wild acquired 7,117 common shares at $2.81 per share on the open market. Holding increased 19%
02/17/2011: Director John Fletcher acquired 10,000 common shares at $2.85 per share on the open market. Holding increased 14%

This group of insider trades was very impressive. Insiders of Axcelis settled large cluster of Sell Trades in December last year. Now, share price went down a little bit, and the company switched back from Insider Net Seller status to Insider Net Buyer.

Insider Trading Analysis Rules of Thumb published on insiderslab.com suggest investors to look at the group trades within a short period. Such activity that indicates there is a consensus among a few insiders about their company’s prospects is a strong signal. It is also possible that this group of insiders have to trade on a certain window opened by the firm in order to prevent the lawsuit in regarding to information asymmetry. Insiderslab.com’s Daily Research Report on last Friday March 4 shows that the insiders who traded on December 14 now carry a holding return of 16.41%.

Another interesting point is that all insiders of Axcelis still hold the above shares until today. Insider Trading Analysis Rules of Thumb published on insiderslab.com suggest investors to pay attention to the long-term holdings rather than the short term trades. The stock is currently trading at $2.91 per share. Since investors have not sell the shares, outside investors could expect this stock increase more in the near future.


Report Editor: Kelly Liu in Vancouver at kelly@insiderslab.com

# # #

InsidersLab provides U.S. Insider Trading Research and Analysis to investors. We strive to aid investors, analysts, advisors and institutions in achieving optimal portfolio performance returns by providing more transparency in the insiders market.