Insider Buying: Amtech Systems, Inc. (NASDAQ:ASYS) Director Acquires $138,250.00 in Stock

Amtech Systems, Inc. (NASDAQ:ASYS) Director Robert M. Averick purchased 25,000 shares of the business’s stock in a transaction that occurred on Friday, August 9th. The stock was acquired at an average price of $5.53 per share, with a total value of $138,250.00. Following the purchase, the director now owns 459,000 shares in the company, valued at $2,538,270. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Amtech Systems Trading Up 0.2 %

Shares of ASYS opened at $6.37 on Friday. The firm has a market cap of $90.51 million, a P/E ratio of -4.22 and a beta of 1.47. Amtech Systems, Inc. has a 12 month low of $3.37 and a 12 month high of $9.16. The stock’s 50 day moving average is $5.97 and its two-hundred day moving average is $5.30.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Victory Capital Management Inc. purchased a new stake in Amtech Systems in the 4th quarter worth $39,000. Acadian Asset Management LLC grew its position in shares of Amtech Systems by 19.3% in the second quarter. Acadian Asset Management LLC now owns 18,476 shares of the semiconductor company’s stock valued at $107,000 after purchasing an additional 2,991 shares during the period. Villere ST Denis J & Co. LLC purchased a new stake in shares of Amtech Systems during the first quarter worth about $108,000. Kovack Advisors Inc. raised its position in shares of Amtech Systems by 69.7% during the 1st quarter. Kovack Advisors Inc. now owns 37,000 shares of the semiconductor company’s stock worth $200,000 after purchasing an additional 15,200 shares during the last quarter. Finally, Tidal Investments LLC purchased a new position in Amtech Systems in the 1st quarter valued at about $375,000. Hedge funds and other institutional investors own 50.21% of the company’s stock.

Amtech Systems Company Profile

Amtech Systems, Inc manufactures and sells capital equipment and related consumables for use in fabricating silicon carbide (SiC), silicon power devices, analog and discrete devices, electronic assemblies, and light-emitting diodes (LEDs) worldwide. The company operates through Semiconductor and Material and Substrate segments.