Dimensional Fund Advisors LP Sells 77,958 Shares of Amtech Systems, Inc. (NASDAQ:ASYS)

Dimensional Fund Advisors LP cut its holdings in Amtech Systems, Inc. (NASDAQ:ASYS) by 7.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 942,634 shares of the semiconductor company’s stock after selling 77,958 shares during the quarter. Dimensional Fund Advisors LP owned approximately 6.63% of Amtech Systems worth $5,524,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Acadian Asset Management LLC grew its holdings in Amtech Systems by 19.3% during the 2nd quarter. Acadian Asset Management LLC now owns 18,476 shares of the semiconductor company’s stock worth $107,000 after acquiring an additional 2,991 shares during the last quarter. Kovack Advisors Inc. grew its stake in shares of Amtech Systems by 69.7% during the first quarter. Kovack Advisors Inc. now owns 37,000 shares of the semiconductor company’s stock valued at $200,000 after purchasing an additional 15,200 shares during the last quarter. Tidal Investments LLC acquired a new stake in shares of Amtech Systems in the first quarter valued at approximately $375,000. AMH Equity Ltd raised its position in Amtech Systems by 234.6% in the 1st quarter. AMH Equity Ltd now owns 300,000 shares of the semiconductor company’s stock worth $1,623,000 after purchasing an additional 210,339 shares during the last quarter. Finally, First Eagle Investment Management LLC lifted its holdings in Amtech Systems by 2.8% during the 1st quarter. First Eagle Investment Management LLC now owns 598,045 shares of the semiconductor company’s stock worth $3,235,000 after buying an additional 16,090 shares in the last quarter. 50.21% of the stock is owned by institutional investors.

Insider Transactions at Amtech Systems

In other Amtech Systems news, Director Robert M. Averick acquired 5,000 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The shares were acquired at an average cost of $5.54 per share, for a total transaction of $27,700.00. Following the completion of the acquisition, the director now directly owns 464,000 shares of the company’s stock, valued at approximately $2,570,560. This represents a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Robert M. Averick acquired 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 12th. The stock was acquired at an average cost of $5.54 per share, with a total value of $27,700.00. Following the completion of the purchase, the director now directly owns 464,000 shares in the company, valued at approximately $2,570,560. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert M. Averick bought 25,000 shares of the business’s stock in a transaction on Friday, August 9th. The stock was bought at an average cost of $5.53 per share, for a total transaction of $138,250.00. Following the purchase, the director now directly owns 459,000 shares of the company’s stock, valued at approximately $2,538,270. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. 20.90% of the stock is owned by corporate insiders.

Amtech Systems Stock Performance

Shares of ASYS opened at $5.75 on Wednesday. The firm has a market capitalization of $81.70 million, a price-to-earnings ratio of -3.81 and a beta of 1.44. Amtech Systems, Inc. has a 52 week low of $3.37 and a 52 week high of $8.12. The business’s fifty day moving average price is $6.06 and its two-hundred day moving average price is $5.75.

Amtech Systems (NASDAQ:ASYS) last posted its quarterly earnings results on Wednesday, August 7th. The semiconductor company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.11. The business had revenue of $26.75 million for the quarter, compared to analysts’ expectations of $24.00 million. Amtech Systems had a negative return on equity of 4.16% and a negative net margin of 19.05%. During the same quarter last year, the business earned $0.01 earnings per share. As a group, research analysts forecast that Amtech Systems, Inc. will post -0.25 EPS for the current year.

About Amtech Systems

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.