Amtech Systems, Inc. (NASDAQ:ASYS) Director Robert F. King sold 17,699 shares of Amtech Systems stock in a transaction dated Thursday, January 18th. The stock was sold at an average price of $11.25, for a total value of $199,113.75. Following the completion of the sale, the director now owns 10,200 shares in the company, valued at $114,750. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Amtech Systems, Inc. (ASYS) traded down $0.09 during mid-day trading on Friday, reaching $11.28. The company had a trading volume of 185,247 shares, compared to its average volume of 225,208. 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 12 month low of $4.05 and a 12 month high of $15.45. The firm has a market cap of $166.16, a PE ratio of 17.35 and a beta of 1.97.
Amtech Systems (NASDAQ:ASYS) last posted its quarterly earnings data on Monday, November 20th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.45. Amtech Systems had a return on equity of 12.76% and a net margin of 5.55%. equities research analysts anticipate that Amtech Systems, Inc. will post 0.45 earnings per share for the current fiscal year.
Hedge funds have recently bought and sold shares of the stock. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Amtech Systems during the 3rd quarter worth approximately $102,000. JPMorgan Chase & Co. boosted its holdings in shares of Amtech Systems by 1,331.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,878 shares of the semiconductor company’s stock worth $104,000 after purchasing an additional 8,258 shares during the last quarter. Nationwide Fund Advisors boosted its holdings in shares of Amtech Systems by 427.8% during the 3rd quarter. Nationwide Fund Advisors now owns 9,500 shares of the semiconductor company’s stock worth $114,000 after purchasing an additional 7,700 shares during the last quarter. Virtu KCG Holdings LLC boosted its holdings in shares of Amtech Systems by 14.6% during the 2nd quarter. Virtu KCG Holdings LLC now owns 14,268 shares of the semiconductor company’s stock worth $120,000 after purchasing an additional 1,813 shares during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Amtech Systems during the 3rd quarter worth approximately $148,000. Institutional investors own 59.27% of the company’s stock.
TRADEMARK VIOLATION WARNING: “Robert F. King Sells 17,699 Shares of Amtech Systems, Inc. (ASYS) Stock” was originally published by American Banking News and is owned by of American Banking News. If you are accessing this article on another domain, it was stolen and republished in violation of US & international copyright law. The correct version of this article can be viewed at https://www.americanbankingnews.com/2018/01/19/robert-f-king-sells-17699-shares-of-amtech-systems-inc-asys-stock.html.
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.