Amtech Systems, Inc. (ASYS) Holdings Trimmed by Royce & Associates LP

Royce & Associates LP cut its stake in shares of Amtech Systems, Inc. (NASDAQ:ASYS) by 17.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,014,651 shares of the semiconductor company’s stock after selling 216,351 shares during the period. Royce & Associates LP owned about 7.06% of Amtech Systems worth $12,156,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Northern Trust Corp raised its stake 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 purchasing an additional 242 shares during the period. Virtu KCG Holdings LLC raised its stake in shares of Amtech Systems by 14.6% during the 2nd quarter. Virtu KCG Holdings LLC now owns 14,268 shares of the semiconductor company’s stock worth $120,000 after purchasing an additional 1,813 shares during the period. Renaissance Technologies LLC raised its stake in shares of Amtech Systems by 6.6% during the 1st quarter. Renaissance Technologies LLC now owns 105,736 shares of the semiconductor company’s stock worth $582,000 after purchasing an additional 6,500 shares during the period. Nationwide Fund Advisors raised its stake 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 purchasing an additional 7,700 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of Amtech Systems by 1,331.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,878 shares of the semiconductor company’s stock worth $104,000 after purchasing an additional 8,258 shares during the period. Institutional investors and hedge funds own 59.37% of the company’s stock.

Shares of Amtech Systems, Inc. (NASDAQ ASYS) opened at $9.94 on Wednesday. Amtech Systems, Inc. has a 52 week low of $3.99 and a 52 week high of $15.45. The stock has a market capitalization of $147.45, a PE ratio of 15.40 and a beta of 1.98. The company has a quick ratio of 1.48, a current ratio of 1.83 and a debt-to-equity ratio of 0.09.

A number of equities research analysts have recently commented on ASYS shares. ValuEngine upgraded Amtech Systems from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, November 21st. Zacks Investment Research upgraded Amtech Systems from a “hold” rating to a “strong-buy” rating and set a $14.00 target price on the stock in a research note on Tuesday, October 10th. Finally, Benchmark reiterated a “buy” rating and set a $18.00 target price (up from $12.00) on shares of Amtech Systems in a research note on Tuesday, November 21st. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $14.88.

In other Amtech Systems news, Director Paul J. Van Der Wansem sold 50,662 shares of Amtech Systems stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $13.04, for a total transaction of $660,632.48. Following the completion of the transaction, the director now owns 330,199 shares of the company’s stock, valued at approximately $4,305,794.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jong S. Whang sold 18,600 shares of Amtech Systems stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $12.54, for a total value of $233,244.00. Following the transaction, the insider now directly owns 53,066 shares of the company’s stock, valued at approximately $665,447.64. The disclosure for this sale can be found here. Insiders sold a total of 139,292 shares of company stock worth $1,807,068 over the last 90 days. 34.60% of the stock is currently owned by company insiders.

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About Amtech Systems

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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Institutional Ownership by Quarter for Amtech Systems (NASDAQ:ASYS)

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