Amtech Systems, Inc. (NASDAQ:ASYS) Director Michael Garnreiter sold 5,000 shares of the firm’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $10.00, for a total transaction of $50,000.00. Following the completion of the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at $50,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Amtech Systems, Inc. (NASDAQ:ASYS) traded up $0.07 during midday trading on Friday, reaching $10.41. 179,760 shares of the company’s stock traded hands, compared to its average volume of 429,335. 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 stock has a market capitalization of $152.32, a price-to-earnings ratio of 15.91 and a beta of 1.98. Amtech Systems, Inc. has a 52 week low of $3.99 and a 52 week high of $15.45.

A number of research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Amtech Systems from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a report on Tuesday, October 17th. Benchmark reaffirmed a “buy” rating and set a $18.00 price objective (up from $12.00) on shares of Amtech Systems in a research note on Tuesday, November 21st. Finally, ValuEngine raised shares of Amtech Systems from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, November 21st. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Amtech Systems has an average rating of “Buy” and an average target price of $14.88.

A number of hedge funds and other institutional investors have recently bought and sold shares of ASYS. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Amtech Systems during the third quarter worth $102,000. JPMorgan Chase & Co. boosted its stake in Amtech Systems by 1,331.9% during the third quarter. JPMorgan Chase & Co. now owns 8,878 shares of the semiconductor company’s stock worth $104,000 after buying an additional 8,258 shares during the period. Nationwide Fund Advisors boosted its stake in Amtech Systems by 427.8% during the third quarter. Nationwide Fund Advisors now owns 9,500 shares of the semiconductor company’s stock worth $114,000 after buying an additional 7,700 shares during the period. Virtu KCG Holdings LLC boosted its stake in Amtech Systems by 14.6% during the second quarter. Virtu KCG Holdings LLC now owns 14,268 shares of the semiconductor company’s stock worth $120,000 after buying an additional 1,813 shares during the period. Finally, Cubist Systematic Strategies LLC purchased a new position in Amtech Systems during the third quarter worth $148,000. 59.37% of the stock is owned by institutional investors.

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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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