Amtech Systems, Inc. (NASDAQ:ASYS) Shares Acquired by Kovack Advisors Inc.

Kovack Advisors Inc. grew its position in Amtech Systems, Inc. (NASDAQ:ASYS) by 225.9% during the fourth quarter, Holdings Channel reports. The firm owned 65,500 shares of the semiconductor company’s stock after acquiring an additional 45,400 shares during the period. Kovack Advisors Inc.’s holdings in Amtech Systems were worth $357,000 as of its most recent filing with the SEC.

Separately, 272 Capital LP purchased a new stake in shares of Amtech Systems in the third quarter worth about $72,000. 50.21% of the stock is currently owned by institutional investors.

Amtech Systems Stock Down 2.2 %

Shares of ASYS opened at $4.94 on Friday. Amtech Systems, Inc. has a 52 week low of $4.60 and a 52 week high of $6.96. The company has a market capitalization of $70.59 million, a price-to-earnings ratio of 61.76 and a beta of 1.38. The stock’s 50-day moving average price is $5.32 and its 200-day moving average price is $5.70.

Amtech Systems (NASDAQ:ASYS) last issued its earnings results on Monday, December 9th. The semiconductor company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.04. Amtech Systems had a return on equity of 0.66% and a net margin of 1.18%. As a group, equities analysts anticipate that Amtech Systems, Inc. will post 0.05 EPS for the current fiscal year.

Amtech Systems Company 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.