Kennedy Capital Management LLC Trims Stock Position in Amtech Systems, Inc. (NASDAQ:ASYS)

Kennedy Capital Management LLC reduced its stake in Amtech Systems, Inc. (NASDAQ:ASYS) by 56.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 42,325 shares of the semiconductor company’s stock after selling 53,786 shares during the quarter. Kennedy Capital Management LLC owned 0.30% of Amtech Systems worth $231,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of ASYS. Geode Capital Management LLC increased its stake in Amtech Systems by 6.1% in the 3rd quarter. Geode Capital Management LLC now owns 128,067 shares of the semiconductor company’s stock valued at $743,000 after buying an additional 7,314 shares during the period. Hillsdale Investment Management Inc. acquired a new stake in Amtech Systems in the fourth quarter valued at about $203,000. 272 Capital LP purchased a new stake in Amtech Systems in the 3rd quarter valued at approximately $72,000. First Eagle Investment Management LLC increased its position in Amtech Systems by 6.6% during the 4th quarter. First Eagle Investment Management LLC now owns 834,922 shares of the semiconductor company’s stock worth $4,550,000 after purchasing an additional 51,555 shares during the period. Finally, Kovack Advisors Inc. raised 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 worth $357,000 after buying an additional 45,400 shares in the last quarter. Institutional investors and hedge funds own 50.21% of the company’s stock.

Amtech Systems Price Performance

Amtech Systems stock opened at $3.65 on Wednesday. The stock’s 50 day moving average price is $4.88 and its 200 day moving average price is $5.33. The company has a market cap of $52.15 million, a PE ratio of 45.63 and a beta of 1.45. Amtech Systems, Inc. has a 1-year low of $3.65 and a 1-year high of $6.96.

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.