Amtech Systems, Inc. (ASYS) Director Robert F. King Sells 17,699 Shares

Amtech Systems, Inc. (NASDAQ:ASYS) Director Robert F. King sold 17,699 shares of Amtech Systems stock in a transaction that occurred on Thursday, January 18th. The shares were sold at an average price of $11.25, for a total value of $199,113.75. Following the completion of the sale, the director now owns 10,200 shares in the company, valued at $114,750. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Shares of Amtech Systems, Inc. (NASDAQ ASYS) opened at $11.28 on Monday. The company has a current ratio of 1.83, a quick ratio of 1.48 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $166.16, a price-to-earnings ratio of 17.35 and a beta of 1.97. Amtech Systems, Inc. has a 12-month low of $4.05 and a 12-month high of $15.45.

Amtech Systems (NASDAQ:ASYS) last posted its earnings results on Monday, November 20th. The semiconductor company reported $0.51 EPS for the quarter, topping the Zacks’ consensus estimate of $0.06 by $0.45. Amtech Systems had a return on equity of 12.76% and a net margin of 5.55%. equities analysts predict that Amtech Systems, Inc. will post 0.45 EPS for the current year.

A number of analysts recently weighed in on the company. ValuEngine downgraded Amtech Systems from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 30th. Zacks Investment Research downgraded Amtech Systems from a “buy” rating to a “hold” rating in a research note on Wednesday, October 25th. Finally, Benchmark restated a “buy” rating and issued a $18.00 price target (up from $12.00) on shares of Amtech Systems in a research note on Tuesday, November 21st. One equities research analyst has rated the stock with a sell rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $14.88.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Acadian Asset Management LLC boosted its position in Amtech Systems by 19.9% during the fourth quarter. Acadian Asset Management LLC now owns 73,712 shares of the semiconductor company’s stock worth $743,000 after purchasing an additional 12,257 shares in the last quarter. Algert Global LLC boosted its position in Amtech Systems by 154.3% during the third quarter. Algert Global LLC now owns 169,271 shares of the semiconductor company’s stock worth $2,028,000 after purchasing an additional 102,699 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in Amtech Systems during the third quarter worth $148,000. Highbridge Capital Management LLC purchased a new stake in Amtech Systems during the third quarter worth $168,000. Finally, Dimensional Fund Advisors LP boosted its position in Amtech Systems by 18.5% during the third quarter. Dimensional Fund Advisors LP now owns 553,201 shares of the semiconductor company’s stock worth $6,627,000 after purchasing an additional 86,518 shares in the last quarter. Institutional investors own 59.28% of the company’s stock.

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Amtech Systems Company 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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