Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Amtech Systems, Inc. (NASDAQ:ASYS) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 8,523 shares of the semiconductor company’s stock, valued at approximately $102,000. Zurcher Kantonalbank Zurich Cantonalbank owned 0.06% of Amtech Systems at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Northern Trust Corp increased its position in Amtech Systems by 1.1% in the 2nd 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 in the last quarter. Virtu KCG Holdings LLC increased its position in Amtech Systems by 14.6% in the 2nd quarter. Virtu KCG Holdings LLC now owns 14,268 shares of the semiconductor company’s stock valued at $120,000 after buying an additional 1,813 shares in the last quarter. Renaissance Technologies LLC increased its position in Amtech Systems by 6.6% in the 1st 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 in the last quarter. Nationwide Fund Advisors increased its position in Amtech Systems by 427.8% in the 3rd quarter. Nationwide Fund Advisors now owns 9,500 shares of the semiconductor company’s stock valued at $114,000 after buying an additional 7,700 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in Amtech Systems by 5.5% in the 1st 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 in the last quarter. 59.37% of the stock is currently owned by institutional investors.

Shares of Amtech Systems, Inc. (NASDAQ:ASYS) opened at $10.00 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.48 and a current ratio of 1.83. The company has a market capitalization of $145.10, a P/E ratio of 15.15 and a beta of 1.98. Amtech Systems, Inc. has a twelve month low of $3.99 and a twelve month high of $15.45.

ASYS has been the subject of a number of research analyst reports. Benchmark reaffirmed a “buy” rating and issued a $12.00 target price on shares of Amtech Systems in a research report on Thursday, August 10th. Zacks Investment Research raised Amtech Systems from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research report on Tuesday, October 24th. ValuEngine lowered Amtech Systems from a “strong-buy” rating to a “buy” rating in a research report on Thursday, November 30th. Finally, Cowen reaffirmed an “outperform” rating and issued a $13.50 target price (up from $10.50) on shares of Amtech Systems in a research report on Thursday, August 10th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. Amtech Systems has a consensus rating of “Buy” and a consensus price target of $14.88.

In other Amtech Systems news, Director Paul J. Van Der Wansem sold 50,662 shares of the business’s stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of $13.04, for a total transaction of $660,632.48. Following the completion of the sale, the director now directly owns 330,199 shares of the company’s stock, valued at approximately $4,305,794.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jong S. Whang sold 18,600 shares of the business’s stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $12.54, for a total value of $233,244.00. Following the sale, the insider now directly 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 a total of 139,292 shares of company stock valued at $1,807,068 over the last three months. Corporate insiders own 34.60% 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.

Institutional Ownership by Quarter for Amtech Systems (NASDAQ:ASYS)

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