Amtech Systems, Inc. (NASDAQ:ASYS) Director Michael Garnreiter sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $10.00, for a total transaction of $50,000.00. Following the transaction, the director now directly owns 5,000 shares in the company, valued at $50,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Shares of Amtech Systems, Inc. (ASYS) traded up $0.07 during mid-day trading on Friday, reaching $10.41. 179,229 shares of the company’s stock traded hands, compared to its average volume of 150,504. The company has a market capitalization of $152.32, a price-to-earnings ratio of 15.68 and a beta of 1.98. The company has a current ratio of 1.83, a quick ratio of 1.48 and a debt-to-equity ratio of 0.09. Amtech Systems, Inc. has a twelve month low of $3.99 and a twelve month high of $15.45.
Hedge funds have recently made changes to their positions in the business. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Amtech Systems in the third quarter worth about $102,000. JPMorgan Chase & Co. raised its position in Amtech Systems by 1,331.9% in the third quarter. JPMorgan Chase & Co. now owns 8,878 shares of the semiconductor company’s stock worth $104,000 after acquiring an additional 8,258 shares during the period. Nationwide Fund Advisors raised its position in Amtech Systems by 427.8% in the third quarter. Nationwide Fund Advisors now owns 9,500 shares of the semiconductor company’s stock worth $114,000 after acquiring an additional 7,700 shares during the period. Virtu KCG Holdings LLC raised its position in Amtech Systems by 14.6% in the second quarter. Virtu KCG Holdings LLC now owns 14,268 shares of the semiconductor company’s stock worth $120,000 after acquiring an additional 1,813 shares during the period. Finally, Cubist Systematic Strategies LLC bought a new stake in Amtech Systems in the third quarter worth about $148,000. 59.37% of the stock is currently owned by institutional investors and hedge funds.
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.
Receive News & Ratings for Amtech Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amtech Systems and related companies with MarketBeat.com's FREE daily email newsletter.