Amtech Systems, Inc. (NASDAQ:ASYS) insider Jong S. Whang sold 18,600 shares of the stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 53,066 shares of the company’s stock, valued at approximately $665,447.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Amtech Systems, Inc. (NASDAQ:ASYS) traded down $1.05 during midday trading on Wednesday, hitting $10.21. The stock had a trading volume of 454,200 shares, compared to its average volume of 141,758. Amtech Systems, Inc. has a twelve month low of $3.99 and a twelve month high of $15.45. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.83 and a quick ratio of 1.48. The firm has a market capitalization of $150.40, a PE ratio of 20.40 and a beta of 2.14.

Several research firms have issued reports on ASYS. Cowen set a $14.00 target price on Amtech Systems and gave the stock a “buy” rating in a research note on Wednesday, August 9th. Benchmark reissued a “buy” rating and set a $12.00 target price 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 target price for the company in a research note on Wednesday, August 16th. Roth Capital started coverage on Amtech Systems in a research note on Friday, August 4th. They issued a “buy” rating and a $12.00 price objective for the company. Finally, ValuEngine raised Amtech Systems from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, November 21st. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Amtech Systems presently has an average rating of “Buy” and an average price target of $14.88.

Large investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its holdings 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 during the period. Janney Montgomery Scott LLC boosted its holdings 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 during the period. Goldman Sachs Group Inc. purchased a new position in Amtech Systems in the second quarter valued at $241,000. EAM Investors LLC purchased a new position in Amtech Systems in the second quarter valued at $435,000. Finally, PDT Partners LLC purchased a new position in Amtech Systems in the second quarter valued at $225,000. Hedge funds and other institutional investors own 60.81% of the company’s stock.

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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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