25,666 Shares in Amtech Systems, Inc. (ASYS) Purchased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd bought a new position in shares of Amtech Systems, Inc. (NASDAQ:ASYS) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 25,666 shares of the semiconductor company’s stock, valued at approximately $308,000. Dynamic Technology Lab Private Ltd owned approximately 0.18% of Amtech Systems as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of ASYS. Dimensional Fund Advisors LP raised its stake in Amtech Systems by 12.7% in the second quarter. Dimensional Fund Advisors LP now owns 466,683 shares of the semiconductor company’s stock valued at $3,939,000 after purchasing an additional 52,701 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in Amtech Systems by 219.7% in the second quarter. Janney Montgomery Scott LLC now owns 123,412 shares of the semiconductor company’s stock valued at $1,042,000 after purchasing an additional 84,812 shares in the last quarter. Renaissance Technologies LLC raised its stake in Amtech Systems by 6.6% in the first quarter. Renaissance Technologies LLC now owns 105,736 shares of the semiconductor company’s stock valued at $582,000 after purchasing an additional 6,500 shares in the last quarter. Macquarie Group Ltd. acquired a new position in Amtech Systems in the third quarter valued at about $1,224,000. Finally, Algert Global LLC raised its stake in Amtech Systems by 149.7% in the second quarter. Algert Global LLC now owns 66,572 shares of the semiconductor company’s stock valued at $562,000 after purchasing an additional 39,912 shares in the last quarter. 60.81% of the stock is owned by institutional investors.

Amtech Systems, Inc. (ASYS) opened at $9.93 on Monday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.48 and a current ratio of 1.83. The company has a market capitalization of $146.28, a PE ratio of 15.28 and a beta of 2.00. Amtech Systems, Inc. has a 52 week low of $3.99 and a 52 week high of $15.45.

A number of research analysts recently commented on the company. Cowen reaffirmed an “outperform” rating and issued a $13.50 price target (up previously from $10.50) on shares of Amtech Systems in a research note on Thursday, August 10th. Zacks Investment Research raised Amtech Systems from a “hold” rating to a “strong-buy” rating and set a $13.00 price target for the company in a research note on Wednesday, August 16th. ValuEngine downgraded Amtech Systems from a “strong-buy” rating to a “buy” rating in a research note on Thursday. Finally, Benchmark reaffirmed a “buy” rating and issued a $12.00 price target on shares of Amtech Systems in a research note on Thursday, August 10th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $14.88.

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

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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.

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

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