Hillsdale Investment Management Inc. Makes New Investment in Amtech Systems, Inc. (NASDAQ:ASYS)

Hillsdale Investment Management Inc. acquired a new stake in shares of Amtech Systems, Inc. (NASDAQ:ASYS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 37,200 shares of the semiconductor company’s stock, valued at approximately $203,000. Hillsdale Investment Management Inc. owned about 0.26% of Amtech Systems at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. First Eagle Investment Management LLC lifted its stake in Amtech Systems by 6.6% in the fourth quarter. First Eagle Investment Management LLC now owns 834,922 shares of the semiconductor company’s stock worth $4,550,000 after acquiring an additional 51,555 shares during the period. Geode Capital Management LLC lifted its position in shares of Amtech Systems by 6.1% in the 3rd quarter. Geode Capital Management LLC now owns 128,067 shares of the semiconductor company’s stock worth $743,000 after purchasing an additional 7,314 shares during the period. Kovack Advisors Inc. boosted its stake in shares of 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 in the last quarter. Finally, 272 Capital LP bought a new stake in shares of Amtech Systems during the 3rd quarter valued at about $72,000. 50.21% of the stock is currently owned by hedge funds and other institutional investors.

Amtech Systems Price Performance

ASYS stock opened at $5.10 on Tuesday. Amtech Systems, Inc. has a 1 year low of $4.60 and a 1 year high of $6.96. The firm has a 50-day moving average of $5.14 and a 200 day moving average of $5.52. The company has a market cap of $72.87 million, a P/E ratio of 63.76 and a beta of 1.43.

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.