First Eagle Investment Management LLC Buys 51,555 Shares of Amtech Systems, Inc. (NASDAQ:ASYS)

First Eagle Investment Management LLC lifted its stake in shares of Amtech Systems, Inc. (NASDAQ:ASYS - Free Report) by 6.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 834,922 shares of the semiconductor company's stock after acquiring an additional 51,555 shares during the quarter. First Eagle Investment Management LLC owned approximately 5.84% of Amtech Systems worth $4,550,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. 272 Capital LP acquired a new stake in shares of Amtech Systems during the 3rd quarter worth approximately $72,000. Geode Capital Management LLC lifted its position in Amtech Systems by 6.1% in the 3rd quarter. Geode Capital Management LLC now owns 128,067 shares of the semiconductor company's stock valued at $743,000 after acquiring an additional 7,314 shares in the last quarter. Finally, Kovack Advisors Inc. boosted its stake in Amtech Systems by 225.9% during the 4th quarter. Kovack Advisors Inc. now owns 65,500 shares of the semiconductor company's stock valued at $357,000 after purchasing an additional 45,400 shares during the last quarter. 50.21% of the stock is owned by institutional investors and hedge funds.

Amtech Systems Price Performance

Amtech Systems stock remained flat at $4.94 during trading on Monday. The company had a trading volume of 49,338 shares, compared to its average volume of 42,190. The firm has a 50 day simple moving average of $5.20 and a 200 day simple moving average of $5.58. Amtech Systems, Inc. has a 1-year low of $4.60 and a 1-year high of $6.96. The company has a market capitalization of $70.59 million, a P/E ratio of 61.76 and a beta of 1.43.

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Amtech Systems 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.