Vanguard Group Inc. decreased its holdings in Amtech Systems, Inc. (NASDAQ:ASYS) by 3.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 499,383 shares of the semiconductor company’s stock after selling 20,230 shares during the quarter. Vanguard Group Inc. owned about 3.78% of Amtech Systems worth $4,215,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Dimensional Fund Advisors LP lifted its position in Amtech Systems by 5.5% during the first quarter. Dimensional Fund Advisors LP now owns 413,982 shares of the semiconductor company’s stock valued at $2,277,000 after buying an additional 21,630 shares during the period. Janney Montgomery Scott LLC lifted its position in Amtech Systems by 219.7% during the second quarter. Janney Montgomery Scott LLC now owns 123,412 shares of the semiconductor company’s stock valued at $1,042,000 after buying an additional 84,812 shares during the period. Renaissance Technologies LLC lifted its position in Amtech Systems by 6.6% during the first quarter. Renaissance Technologies LLC now owns 105,736 shares of the semiconductor company’s stock valued at $582,000 after buying an additional 6,500 shares during the period. Algert Global LLC lifted its position in Amtech Systems by 149.7% during the second quarter. Algert Global LLC now owns 66,572 shares of the semiconductor company’s stock valued at $562,000 after buying an additional 39,912 shares during the period. Finally, Northern Trust Corp lifted its position in Amtech Systems by 1.1% during the second quarter. Northern Trust Corp now owns 21,797 shares of the semiconductor company’s stock valued at $184,000 after buying an additional 242 shares during the period. 60.81% of the stock is owned by institutional investors.

In other news, Director Paul J. Van Der Wansem sold 70,030 shares of the firm’s stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $13.04, for a total transaction of $913,191.20. Following the completion of the transaction, the director now directly owns 330,199 shares in the company, valued at $4,305,794.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jong S. Whang sold 18,600 shares of the firm’s stock in a transaction on 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 owns 53,066 shares of the company’s stock, valued at $665,447.64. The disclosure for this sale can be found here. Insiders have sold 139,292 shares of company stock valued at $1,807,068 over the last 90 days. Corporate insiders own 34.60% of the company’s stock.

Amtech Systems, Inc. (NASDAQ:ASYS) opened at $9.93 on Friday. Amtech Systems, Inc. has a twelve month low of $3.99 and a twelve month high of $15.45. 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 firm has a market capitalization of $147.02, a price-to-earnings ratio of 15.20 and a beta of 2.14.

Several equities analysts have commented on the company. Cowen set a $14.00 price objective on Amtech Systems and gave the company a “buy” rating in a research report on Wednesday, August 9th. Benchmark reissued a “buy” rating and set a $12.00 price objective on shares of Amtech Systems in a research report on Thursday, August 10th. ValuEngine lowered Amtech Systems from a “strong-buy” rating to a “buy” rating in a research report on Thursday. Finally, Zacks Investment Research raised Amtech Systems from a “hold” rating to a “strong-buy” rating and set a $13.00 price objective for the company in a research report on Wednesday, August 16th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Amtech Systems has an average rating of “Buy” and a consensus price target of $14.88.

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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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