Pacific Ridge Sells 1.7 Million Shares of AXT Stock

2026-02-18 15:20:21 ET

On Feb. 4, 2026, Pacific Ridge Capital Partners, LLC, sold its entire stake in AXT (NASDAQ:AXTI) , disposing of 1,793,797 shares in the fourth quarter.

According to an SEC filing dated Feb. 4, 2026, Pacific Ridge Capital Partners, LLC, sold its entire holding of 1,793,797 shares in AXT (NASDAQ:AXTI) . The estimated transaction value was $17.1 million, calculated using the average trading price for the quarter. The quarter-end value of the position fell by $8.1 million, leaving no remaining shares.

AXT is a technology company specializing in the development and production of high-performance semiconductor substrates for a broad range of advanced electronic and photonic applications. Leveraging proprietary manufacturing processes, it delivers critical materials to leading global customers in rapidly evolving markets, including data communications, 5G, and industrial sensing.

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