Bogle Investment Management L P DE acquired a new position in shares of Amtech Systems, Inc. (NASDAQ:ASYS) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 204,586 shares of the semiconductor company’s stock, valued at approximately $2,060,000. Bogle Investment Management L P DE owned approximately 1.37% of Amtech Systems as of its most recent filing with the SEC.
Several other large investors have also added to or reduced their stakes in ASYS. Northern Trust Corp boosted its position in shares of Amtech Systems by 1.1% during the 2nd quarter. Northern Trust Corp now owns 21,797 shares of the semiconductor company’s stock worth $184,000 after acquiring an additional 242 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Amtech Systems by 12.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 466,683 shares of the semiconductor company’s stock worth $3,939,000 after acquiring an additional 52,701 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of Amtech Systems during the 2nd quarter worth about $241,000. Nationwide Fund Advisors boosted its position in shares of Amtech Systems by 427.8% during the 3rd quarter. Nationwide Fund Advisors now owns 9,500 shares of the semiconductor company’s stock worth $114,000 after acquiring an additional 7,700 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its position in shares of Amtech Systems by 707.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 35,583 shares of the semiconductor company’s stock worth $426,000 after acquiring an additional 31,178 shares in the last quarter. 63.74% of the stock is owned by institutional investors and hedge funds.
Shares of Amtech Systems, Inc. (NASDAQ ASYS) opened at $8.18 on Tuesday. The stock has a market capitalization of $123.03, a PE ratio of 7.64 and a beta of 1.96. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.35 and a quick ratio of 1.96. Amtech Systems, Inc. has a 1 year low of $5.16 and a 1 year high of $15.45.
Amtech Systems (NASDAQ:ASYS) last posted its quarterly earnings data on Thursday, February 8th. The semiconductor company reported $0.42 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.19. The firm had revenue of $73.60 million during the quarter, compared to the consensus estimate of $61.79 million. Amtech Systems had a return on equity of 19.49% and a net margin of 7.48%. The firm’s quarterly revenue was up 152.9% on a year-over-year basis. research analysts anticipate that Amtech Systems, Inc. will post 0.5 earnings per share for the current year.
A number of analysts recently issued reports on the company. ValuEngine raised Amtech Systems from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Benchmark reissued a “buy” rating and issued a $18.00 target price (up from $12.00) on shares of Amtech Systems in a research report on Tuesday, November 21st. Finally, Zacks Investment Research raised Amtech Systems from a “sell” rating to a “hold” rating in a research report on Tuesday, January 2nd. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $14.88.
In other Amtech Systems news, Director Robert F. King sold 17,699 shares of the company’s stock in a transaction that occurred on Thursday, January 18th. The stock was sold at an average price of $11.25, for a total transaction of $199,113.75. Following the completion of the sale, the director now directly owns 10,200 shares of the company’s stock, valued at approximately $114,750. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 34.60% of the stock is owned by corporate insiders.
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Amtech Systems Profile
Amtech Systems, Inc is engaged in the manufacture of capital equipment, including thermal processing, silicon wafer handling automation and related consumables used in fabricating solar cells, Light Emitting Diode (LED) and semiconductor devices. The Company operates through three business segments: solar, semiconductor and polishing.
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