Pacific Ridge Capital Lowers Amtech Systems Stake to 3.5%

TL;DR

**Pacific Ridge Capital cut its Amtech Systems stake to 3.5%, watch for potential stock price reaction.**

AI Summary

Pacific Ridge Capital Partners, LLC filed an amended SC 13G/A on February 12, 2024, disclosing their ownership in Amtech Systems Inc. As of December 31, 2023, Pacific Ridge Capital Partners, LLC beneficially owned 492,146 shares of Amtech Systems Inc. common stock, representing 3.5% of the company. This filing indicates a decrease in their stake from a previous disclosure, which could signal a shift in their investment strategy or a re-evaluation of Amtech Systems' prospects, potentially impacting investor sentiment.

Why It Matters

A significant institutional investor reducing its stake can signal a lack of confidence in the company's future performance, potentially leading other investors to reconsider their positions.

Risk Assessment

Risk Level: medium — A notable institutional investor reducing its holdings can create selling pressure and negatively impact the stock price.

Analyst Insight

Investors should monitor Amtech Systems Inc.'s stock performance and consider the implications of a major institutional investor reducing its stake. Further research into the company's fundamentals and recent news is advisable before making investment decisions.

Key Numbers

• 492,146 — Shares Beneficially Owned (Represents the total number of Amtech Systems Inc. common stock shares Pacific Ridge Capital Partners, LLC held as of December 31, 2023.)
• 3.5% — Percentage of Class (Indicates the proportion of Amtech Systems Inc.'s common stock owned by Pacific Ridge Capital Partners, LLC, showing a decrease from previous filings.)
• December 31, 2023 — Reporting Date (The specific date for which the ownership information is reported, crucial for understanding the timeliness of the data.)

Key Players & Entities

• Pacific Ridge Capital Partners, LLC (company) — the reporting person who filed the SC 13G/A
• Amtech Systems Inc (company) — the subject company whose shares are being reported
• 492,146 (dollar_amount) — number of shares beneficially owned by Pacific Ridge Capital Partners, LLC
• 3.5% (dollar_amount) — percentage of Amtech Systems Inc. common stock owned by Pacific Ridge Capital Partners, LLC
• December 31, 2023 (date) — the date of the event which required the filing of this statement

Forward-Looking Statements

• Amtech Systems Inc. stock may experience downward pressure due to the reduced institutional ownership. (Amtech Systems Inc.) — medium confidence, target: Q1 2024

FAQ

Filing Documents

• ASYS13Ga2023v5.htm (SC 13G/A) — 6KB
• 0001591546-24-000002.txt ( ) — 7KB

Ownership

Item 4. Ownership (a) Amount Beneficially Owned: 754,376 (b) Percent of Class: 5.32% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 492,146 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 754,376 (iv) Shared power to dispose or to direct the disposition of: 0

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].

Ownership of more than Five Percent on Behalf of Another Person

Item 6. Ownership of more than Five Percent on Behalf of Another Person. None Item 7. Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person. N/A

Identification and classification of members of the group

Item 8. Identification and classification of members of the group. N/A

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. N/A

Certifications

Item 10. Certifications. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated:February 12, 2024 Pacific Ridge Capital Partners By: /s/ Peter Trumbo Name: Peter Trumbo Title: Chief Compliance Officer The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of this filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001). Page 5 of 5 1297544.3

View Full Filing

View this SC 13G/A filing on SEC EDGAR