89,661 Shares in Amtech Systems, Inc. (NASDAQ:ASYS) Bought by AMH Equity Ltd

AMH Equity Ltd bought a new position in Amtech Systems, Inc. (NASDAQ:ASYS) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 89,661 shares of the semiconductor company’s stock, valued at approximately $377,000. Amtech Systems accounts for about 0.3% of AMH Equity Ltd’s investment portfolio, making the stock its 29th largest holding. AMH Equity Ltd owned about 0.63% of Amtech Systems as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Barclays PLC purchased a new position in shares of Amtech Systems during the third quarter valued at $48,000. Janney Montgomery Scott LLC grew its stake in Amtech Systems by 48.3% in the third quarter. Janney Montgomery Scott LLC now owns 26,700 shares of the semiconductor company’s stock valued at $203,000 after purchasing an additional 8,700 shares during the last quarter. White Pine Capital LLC grew its stake in Amtech Systems by 54.3% in the third quarter. White Pine Capital LLC now owns 30,450 shares of the semiconductor company’s stock valued at $232,000 after purchasing an additional 10,722 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in Amtech Systems by 40.1% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 46,653 shares of the semiconductor company’s stock valued at $355,000 after purchasing an additional 13,347 shares during the last quarter. Finally, Brandywine Global Investment Management LLC grew its stake in Amtech Systems by 2.0% in the third quarter. Brandywine Global Investment Management LLC now owns 126,838 shares of the semiconductor company’s stock valued at $967,000 after purchasing an additional 2,500 shares during the last quarter. Hedge funds and other institutional investors own 50.21% of the company’s stock.

Amtech Systems Price Performance

Shares of NASDAQ ASYS opened at $4.92 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.69 and a current ratio of 2.99. The company has a market cap of $69.82 million, a PE ratio of -3.64 and a beta of 1.46. The business has a 50-day simple moving average of $4.92 and a two-hundred day simple moving average of $5.44. Amtech Systems, Inc. has a fifty-two week low of $3.37 and a fifty-two week high of $11.98.

Amtech Systems (NASDAQ:ASYS) last issued its quarterly earnings results on Friday, February 9th. The semiconductor company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.08. The business had revenue of $24.92 million during the quarter, compared to the consensus estimate of $22.00 million. Amtech Systems had a negative return on equity of 1.15% and a negative net margin of 16.45%. As a group, equities analysts expect that Amtech Systems, Inc. will post -0.25 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Amtech Systems from a “sell” rating to a “hold” rating in a report on Monday, February 12th.

Amtech Systems Company Profile

Amtech Systems, Inc manufactures and sells capital equipment and related consumables for use in fabricating silicon carbide (SiC), silicon power devices, analog and discrete devices, electronic assemblies, and light-emitting diodes (LEDs) worldwide. The company operates through Semiconductor and Material and Substrate segments.