Two Sigma Investments LP Invests $691,000 in Amtech Systems, Inc. (ASYS)

Two Sigma Investments LP bought a new stake in Amtech Systems, Inc. (NASDAQ:ASYS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 68,627 shares of the semiconductor company’s stock, valued at approximately $691,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its stake in shares of Amtech Systems by 18.5% in the third quarter. Dimensional Fund Advisors LP now owns 553,201 shares of the semiconductor company’s stock valued at $6,627,000 after acquiring an additional 86,518 shares during the period. Renaissance Technologies LLC increased its stake in Amtech Systems by 47.1% in the 4th quarter. Renaissance Technologies LLC now owns 546,932 shares of the semiconductor company’s stock worth $5,508,000 after buying an additional 175,009 shares during the period. Pacific Ridge Capital Partners LLC increased its stake in Amtech Systems by 36.1% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 514,904 shares of the semiconductor company’s stock worth $5,185,000 after buying an additional 136,690 shares during the period. Alambic Investment Management L.P. increased its stake in Amtech Systems by 328.1% in the 4th quarter. Alambic Investment Management L.P. now owns 245,304 shares of the semiconductor company’s stock worth $2,470,000 after buying an additional 188,008 shares during the period. Finally, Bogle Investment Management L P DE purchased a new position in Amtech Systems in the 4th quarter worth about $2,060,000. 63.74% of the stock is currently owned by institutional investors and hedge funds.

ASYS stock opened at $7.73 on Thursday. The stock has a market capitalization of $115.00, a P/E ratio of 7.22 and a beta of 2.04. Amtech Systems, Inc. has a 12 month low of $5.17 and a 12 month high of $15.45. The company has a current ratio of 2.35, a quick ratio of 1.96 and a debt-to-equity ratio of 0.08.



Amtech Systems (NASDAQ:ASYS) last posted its quarterly earnings results on Thursday, February 8th. The semiconductor company reported $0.42 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.19. The company had revenue of $73.60 million for the quarter, compared to the consensus estimate of $61.79 million. Amtech Systems had a net margin of 7.48% and a return on equity of 19.49%. The business’s quarterly revenue was up 152.9% compared to the same quarter last year. equities research analysts expect that Amtech Systems, Inc. will post 0.5 EPS for the current fiscal year.

In related news, Director Robert F. King sold 17,699 shares of the firm’s stock in a transaction dated Thursday, January 18th. The shares were sold at an average price of $11.25, for a total value of $199,113.75. Following the transaction, the director now owns 10,200 shares of the company’s stock, valued at approximately $114,750. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 34.60% of the company’s stock.

ASYS has been the topic of several recent analyst reports. ValuEngine downgraded shares of Amtech Systems from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 23rd. Zacks Investment Research raised shares of Amtech Systems from a “sell” rating to a “hold” rating in a research note on Tuesday, January 2nd. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $14.88.

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About Amtech Systems

Amtech Systems, Inc manufactures and sells capital equipment and related consumables for use in fabricating solar cells, LED, and semiconductor devices in the United States, Asia, Europe, and internationally. It operates through Solar, Semiconductor, and Polishing segments. The Solar segment supplies thermal processing systems, including diffusion, plasma-enhanced chemical vapor deposition, and atomic layer deposition systems; and automation equipment comprising mass wafer transfer systems, sorters, long-boat transfer systems, load station elevators, buffers, and conveyers, as well as related parts and services.

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

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