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Royce & Associates reduced stake in AXT Inc

Published 01/29/2021, 10:46 AM
Updated 01/29/2021, 11:02 AM
© Reuters.  Royce & Associates reduced stake in AXT Inc

On the 31st of December, Royce & Associates sold 438 thousand AXT Inc (NASDAQ:AXTI) shares for $4.2 million at an average price of $9.57 per share. Shares of AXT Inc are up 13.58% since the transaction.

Royce & Associates's holding in AXT Inc decreased to about 1 million shares with the transaction.

Royce & Associates first bought AXT Inc stock in the second quarter of 2007. Royce & Associates also owns Kulicke and Soffa Industries, I (KLIC), MKS Instruments Inc (NASDAQ:MKSI), Cirrus Logic Inc (NASDAQ:CRUS) and CMC Materials, Inc. (CCMP). AXT Inc is its number thirteen position by number of shares and market value among semiconductors stocks.

Other investors who also reduced their AXT Inc shares include Citigroup (NYSE:C), Millennium Management, and Squarepoint Ops.

Royce & Associates has also recently reduced their share in Intevac , Inc. (NASDAQ:IVAC) and Aehr Test Systems (AEHR). The total value of the shares sold is estimated at around $1.7 million.

Royce & Associates also reduced their share in Hurco Companies, Inc. (HURC), Century Casinos , Inc. (NASDAQ:CNTY), Heidrick & Struggles Internatio (NASDAQ:HSII), Haynes International, Inc. (NASDAQ:HAYN), Kimball International, Inc. (KBAL), Insteel Industries , Inc. (NASDAQ:IIIN), FARO Technologies, Inc. (FARO), Bowl America, Inc. (BWL.A), Lindsay Corporation (NYSE:LNN), Frequency Electronics, Inc. (FEIM), Miller Industries, Inc. (MLR), Synalloy Corporation (SYNL), LSI Industries Inc. (LYTS), Preformed Line Products Company (PLPC), Universal Stainless & Alloy Pro (USAP), GP Strategies Corporation (NYSE:GPX), Timberland Bancorp, Inc. (TSBK), Ames National Corporation (ATLO), Northrim BanCorp Inc (NRIM), Gencor Industries Inc. (GENC), Chembio Diagnostics Inc (NASDAQ:CEMI), Vishay Precision Group, Inc. (NYSE:VPG), New Home Company Inc. (The) (NWHM) and SEACOR Marine Holdings Inc . (NYSE:SMHI). The total value of the shares sold is estimated at around $90 million.

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Additionally, Royce & Associates added to their share in Houston Wire & Cable Company (HWCC), Northwest Pipe Company (NASDAQ:NWPX), Shoe Carnival , Inc. (NASDAQ:SCVL), Commercial Vehicle Group, Inc. (NASDAQ:CVGI), National Presto Industries, Inc (NPK), John B. Sanfilippo & Son, Inc. (JBSS), Hooker Furniture Corporation (NASDAQ:HOFT), Johnson Outdoors Inc. (NASDAQ:JOUT), Forrester Research , Inc. (NASDAQ:FORR), Luna Innovations Inc (NASDAQ:LUNA), PCTEL, Inc. (NASDAQ:PCTI), Richardson Electronics, Ltd. (RELL), Seneca Foods Corp. (SENEA), Fauquier Bankshares, Inc. (FBSS), AstroNova, Inc. (ALOT), Flexsteel Industries, Inc. (FLXS), IntriCon Corporation (IIN), Mesa Laboratories , Inc. (NASDAQ:MLAB), America's Car-Mart, Inc. (NASDAQ:CRMT), CPI Aerostructures, Inc. (NYSE:CVU), EVI Industries, Inc. (EVI), Iteris , Inc. (NASDAQ:ITI), Aviat Networks , Inc. (NASDAQ:AVNW), Silvercrest Asset Management Gr (SAMG), Horizon Global Corporation (NYSE:HZN), MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT), Unique Fabricating, Inc. (NYSE:UFAB), SecureWorks Corp. (NASDAQ:SCWX), Infrastructure and Energy Alter (IEA), International Money Express, In (NASDAQ:IMXI), RA Medical Systems Inc (RMED) and OneWater Marine Inc. (NASDAQ:ONEW). The total value of the shares bought is estimated at around $126 million.

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