Amtech Systems, Inc. (NASDAQ:ASYS) Director Purchases $138,250.00 in Stock

Amtech Systems, Inc. (NASDAQ:ASYS) Director Robert M. Averick acquired 25,000 shares of the business’s stock in a transaction that occurred on Friday, August 9th. The shares were purchased at an average price of $5.53 per share, with a total value of $138,250.00. Following the completion of the transaction, the director now owns 459,000 shares of the company’s stock, valued at approximately $2,538,270. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Amtech Systems Stock Up 0.2 %

Shares of Amtech Systems stock traded up $0.01 during mid-day trading on Tuesday, hitting $5.48. The stock had a trading volume of 29,634 shares, compared to its average volume of 58,704. The firm has a market cap of $77.87 million, a P/E ratio of -3.62 and a beta of 1.47. The firm has a 50-day moving average of $5.98 and a two-hundred day moving average of $5.28. Amtech Systems, Inc. has a 12-month low of $3.37 and a 12-month high of $9.26.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. AMH Equity Ltd raised its stake in shares of Amtech Systems by 234.6% in the 1st quarter. AMH Equity Ltd now owns 300,000 shares of the semiconductor company’s stock valued at $1,623,000 after acquiring an additional 210,339 shares during the period. First Eagle Investment Management LLC increased its holdings in Amtech Systems by 13.0% in the 2nd quarter. First Eagle Investment Management LLC now owns 675,844 shares of the semiconductor company’s stock valued at $3,960,000 after purchasing an additional 77,799 shares during the last quarter. Tidal Investments LLC purchased a new stake in Amtech Systems in the first quarter valued at approximately $375,000. Villere ST Denis J & Co. LLC acquired a new position in Amtech Systems during the first quarter worth $108,000. Finally, Kovack Advisors Inc. boosted its position in shares of Amtech Systems by 69.7% during the first quarter. Kovack Advisors Inc. now owns 37,000 shares of the semiconductor company’s stock worth $200,000 after buying an additional 15,200 shares during the period. 50.21% of the stock is currently owned by hedge funds and other institutional investors.

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.