B. Riley Asset Management LLC Buys Shares of 400,862 Amtech Systems, Inc. (NASDAQ:ASYS)

B. Riley Asset Management LLC bought a new stake in Amtech Systems, Inc. (NASDAQ:ASYSGet Rating) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 400,862 shares of the semiconductor company’s stock, valued at approximately $3,961,000. Amtech Systems comprises about 1.7% of B. Riley Asset Management LLC’s investment portfolio, making the stock its 14th largest holding. B. Riley Asset Management LLC owned 2.86% of Amtech Systems as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Morgan Stanley grew its stake in Amtech Systems by 45.3% in the third quarter. Morgan Stanley now owns 2,741 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 854 shares during the last quarter. Barclays PLC grew its stake in Amtech Systems by 249.3% in the third quarter. Barclays PLC now owns 3,790 shares of the semiconductor company’s stock valued at $43,000 after purchasing an additional 2,705 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in Amtech Systems by 8.3% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 32,547 shares of the semiconductor company’s stock valued at $322,000 after purchasing an additional 2,488 shares during the last quarter. Geode Capital Management LLC grew its stake in Amtech Systems by 0.9% in the third quarter. Geode Capital Management LLC now owns 111,067 shares of the semiconductor company’s stock valued at $1,269,000 after purchasing an additional 967 shares during the last quarter. Finally, EAM Investors LLC purchased a new position in Amtech Systems in the third quarter valued at about $1,344,000. Institutional investors own 86.96% of the company’s stock.

A number of brokerages have recently weighed in on ASYS. Cowen dropped their price target on Amtech Systems from $17.00 to $16.00 in a research note on Tuesday, February 15th. Zacks Investment Research upgraded Amtech Systems from a “sell” rating to a “hold” rating in a research note on Thursday, March 3rd. Finally, StockNews.com began coverage on Amtech Systems in a research note on Thursday, March 31st. They set a “hold” rating on the stock.

Shares of ASYS stock traded up $0.93 during trading hours on Friday, reaching $8.18. 42,208 shares of the company’s stock were exchanged, compared to its average volume of 41,817. Amtech Systems, Inc. has a 1 year low of $6.99 and a 1 year high of $15.78. The stock has a market cap of $114.77 million, a PE ratio of 28.21 and a beta of 1.40. The company has a current ratio of 4.19, a quick ratio of 3.00 and a debt-to-equity ratio of 0.05. The stock’s fifty day moving average price is $9.70 and its two-hundred day moving average price is $10.12.

Amtech Systems (NASDAQ:ASYSGet Rating) last released its quarterly earnings data on Wednesday, May 11th. The semiconductor company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.06. Amtech Systems had a return on equity of 4.73% and a net margin of 3.87%. During the same period in the prior year, the company posted ($0.02) EPS. On average, equities analysts expect that Amtech Systems, Inc. will post 0.35 EPS for the current fiscal year.

In other Amtech Systems news, Director Robert M. Averick acquired 5,000 shares of the company’s stock in a transaction dated Tuesday, February 22nd. The shares were acquired at an average price of $9.80 per share, for a total transaction of $49,000.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 20.80% of the company’s stock.

Amtech Systems Profile (Get Rating)

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 in Semiconductor and Material and Substrate segments.

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

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