First Eagle Investment Management LLC grew its position in shares of Amtech Systems, Inc. (NASDAQ:ASYS - Free Report) by 6.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm 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 about 5.84% of Amtech Systems worth $4,550,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently modified their holdings of the company. 272 Capital LP acquired a new position in shares of Amtech Systems during the third quarter valued at $72,000. Kovack Advisors Inc. raised its stake in shares of Amtech Systems by 225.9% during the fourth 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 in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Amtech Systems by 6.1% during the third quarter. Geode Capital Management LLC now owns 128,067 shares of the semiconductor company's stock valued at $743,000 after purchasing an additional 7,314 shares in the last quarter. Institutional investors and hedge funds own 50.21% of the company's stock.
Amtech Systems Price Performance
Shares of NASDAQ ASYS traded down $0.08 during midday trading on Tuesday, reaching $4.86. 35,194 shares of the company traded hands, compared to its average volume of 42,379. Amtech Systems, Inc. has a 52 week low of $4.60 and a 52 week high of $6.96. The stock has a 50-day moving average price of $5.19 and a 200 day moving average price of $5.57. The company has a market cap of $69.44 million, a price-to-earnings ratio of 60.76 and a beta of 1.43.
Amtech Systems Company Profile
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Free Report)
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.
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