AMH Equity Ltd raised its stake in shares of Amtech Systems, Inc. (NASDAQ:ASYS - Free Report) by 137.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 97,583 shares of the semiconductor company's stock after acquiring an additional 56,408 shares during the quarter. AMH Equity Ltd owned approximately 0.68% of Amtech Systems worth $471,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Renaissance Technologies LLC purchased a new position in shares of Amtech Systems during the 4th quarter valued at about $64,000. Squarepoint Ops LLC acquired a new position in Amtech Systems during the fourth quarter worth $71,000. Millennium Management LLC increased its position in shares of Amtech Systems by 82.7% during the fourth quarter. Millennium Management LLC now owns 22,706 shares of the semiconductor company's stock worth $124,000 after acquiring an additional 10,281 shares during the period. Sowell Financial Services LLC purchased a new stake in shares of Amtech Systems during the first quarter worth $159,000. Finally, Hillsdale Investment Management Inc. purchased a new stake in shares of Amtech Systems during the fourth quarter worth $203,000. Institutional investors own 50.21% of the company's stock.
Analyst Ratings Changes
Separately, Wall Street Zen lowered Amtech Systems from a "buy" rating to a "sell" rating in a report on Thursday, May 22nd.
Read Our Latest Analysis on Amtech Systems
Amtech Systems Stock Up 1.8%
NASDAQ:ASYS traded up $0.08 during trading hours on Tuesday, reaching $4.64. 46,903 shares of the company's stock were exchanged, compared to its average volume of 48,272. The company has a market capitalization of $66.40 million, a P/E ratio of -2.09 and a beta of 1.58. The business's 50-day simple moving average is $4.21 and its two-hundred day simple moving average is $4.53. Amtech Systems, Inc. has a 12 month low of $3.20 and a 12 month high of $6.81.
Amtech Systems Company Profile
(
Free Report)
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.
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