Geode Capital Management LLC Buys 7,314 Shares of Amtech Systems, Inc. (NASDAQ:ASYS)

Geode Capital Management LLC raised its stake in shares of Amtech Systems, Inc. (NASDAQ:ASYS) by 6.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 128,067 shares of the semiconductor company’s stock after acquiring an additional 7,314 shares during the period. Geode Capital Management LLC owned about 0.90% of Amtech Systems worth $743,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Acadian Asset Management LLC lifted its position in shares of Amtech Systems by 19.3% during 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 in the last quarter. 272 Capital LP purchased a new position in shares of Amtech Systems in the 3rd quarter worth approximately $72,000. Finally, First Eagle Investment Management LLC grew its holdings in shares of Amtech Systems by 13.0% in the second quarter. First Eagle Investment Management LLC now owns 675,844 shares of the semiconductor company’s stock valued at $3,960,000 after acquiring an additional 77,799 shares in the last quarter. 50.21% of the stock is owned by hedge funds and other institutional investors.

Amtech Systems Trading Down 1.5 %

Shares of ASYS opened at $5.37 on Friday. The stock has a 50 day moving average of $5.61 and a 200 day moving average of $5.87. Amtech Systems, Inc. has a 12 month low of $3.37 and a 12 month high of $6.96. The company has a market capitalization of $76.67 million, a price-to-earnings ratio of -8.95 and a beta of 1.41.

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.