AXT (NASDAQ:AXTI) Director Jesse Chen Sells 12,452 Shares of Stock

AXT Inc (NASDAQ:AXTI) Director Jesse Chen sold 12,452 shares of AXT stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $37.69, for a total transaction of $469,315.88. Following the completion of the transaction, the director directly owned 152,612 shares in the company, valued at approximately $5,751,946.28. This represents a 7.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Jesse Chen also recently made the following trade(s):

• On Friday, March 6th, Jesse Chen sold 2,000 shares of AXT stock. The stock was sold at an average price of $36.63, for a total transaction of $73,260.00.
• On Thursday, March 5th, Jesse Chen sold 11,147 shares of AXT stock. The shares were sold at an average price of $38.26, for a total transaction of $426,484.22.
• On Wednesday, March 4th, Jesse Chen sold 8,800 shares of AXT stock. The stock was sold at an average price of $38.83, for a total transaction of $341,704.00.
• On Tuesday, March 3rd, Jesse Chen sold 11,007 shares of AXT stock. The shares were sold at an average price of $40.49, for a total value of $445,673.43.
• On Monday, March 2nd, Jesse Chen sold 11,320 shares of AXT stock. The stock was sold at an average price of $45.59, for a total value of $516,078.80.

AXT Stock Up 14.9%

AXTI opened at $44.30 on Wednesday. The firm has a market capitalization of $2.45 billion, a P/E ratio of -92.29 and a beta of 1.75. The stock’s 50 day moving average price is $25.51 and its two-hundred day moving average price is $14.10. AXT Inc has a 12-month low of $1.13 and a 12-month high of $47.03.

AXT (NASDAQ:AXTI) last issued its quarterly earnings results on Thursday, February 19th. The semiconductor company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01). AXT had a negative return on equity of 10.59% and a negative net margin of 24.07%.The business had revenue of $23.04 million for the quarter, compared to analyst estimates of $24.24 million. As a group, analysts anticipate that AXT Inc will post -0.12 earnings per share for the current year.

AXT News Roundup

Here are the key news stories impacting AXT this week:

• Positive Sentiment: Buyers are leaning into an AI infrastructure growth narrative that analysts say could lift long‑term demand for AXT’s semiconductor substrates and wafers, supporting a higher valuation multiple and momentum in the name. Assessing AXT (AXTI) Valuation
• Positive Sentiment: Unusual options activity: traders bought ~14,442 call options (≈171% above typical daily call volume), indicating short‑term bullish/speculative positioning that can amplify upside. (market data entry)
• Positive Sentiment: Momentum/rebound trade: AXT rallied sharply after recent losses as bargain hunters and momentum traders piled back in, helping lift the stock for a second straight session. AXT Climbs 14.9%
• Neutral Sentiment: Reported short interest figures in recent data appear anomalous/zero and provide no clear signal (likely a reporting quirk), so short-covering is not confirmed as a driver. (market data entry)
• Negative Sentiment: Large insider selling: CEO Morris S. Young sold 125,893 shares (≈$4.6M) on Mar 9 and previously sold smaller lots; Director Jesse Chen also sold multiple tranches (totaling tens of thousands of shares). Significant insider sell volume can be read as a negative signal by investors. CEO Sale SEC Filing Director Sale SEC Filing
• Negative Sentiment: Q4 / FY2025 results were mixed: revenue fell to $23.0M (down QoQ and YoY) and GAAP gross margin dipped to ~20.9%, reinforcing near‑term execution concerns versus the AI-led optimism. That weakness tempers the bullish narrative until visibility improves. AXT Reports Q4 & FY2025 Results AXT Q4 Summary
• Negative Sentiment: TipRanks and other outlets highlighted a recent director sale as a notable insider move, which can increase investor wariness even as the stock rallies. TipRanks Insider Move

Institutional Investors Weigh In On AXT

Institutional investors have recently added to or reduced their stakes in the stock. XTX Topco Ltd bought a new stake in shares of AXT in the 2nd quarter valued at approximately $42,000. Jefferies Financial Group Inc. bought a new stake in AXT in the third quarter valued at $52,000. State of Wyoming bought a new stake in AXT in the fourth quarter valued at $69,000. Creative Planning acquired a new position in AXT during the second quarter worth $86,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of AXT in the 4th quarter valued at $98,000. 49.52% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on AXTI. Needham & Company LLC downgraded shares of AXT from a “buy” rating to a “hold” rating in a report on Tuesday, January 20th. Northland Securities set a $20.00 target price on AXT in a research report on Monday, December 22nd. Wall Street Zen raised AXT from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Wedbush lifted their price objective on AXT from $8.50 to $28.00 and gave the stock an “outperform” rating in a report on Friday, February 20th. Finally, Craig Hallum reaffirmed a “buy” rating on shares of AXT in a research report on Friday, January 9th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $22.80.

About AXT

AXT, Inc (NASDAQ: AXTI) is a global supplier of compound and single-element semiconductor substrates, offering a range of materials critical for high-performance electronic and optoelectronic devices. Founded in 1986 and headquartered in Fremont, California, AXT specializes in the development, manufacture and distribution of wafers composed of gallium arsenide (GaAs), indium phosphide (InP), gallium nitride (GaN) and other compound semiconductor materials. These substrates serve as the foundational platforms for devices used in data communications, wireless infrastructure, advanced computing, consumer electronics and photovoltaic applications.

AXT’s product portfolio encompasses a variety of wafer sizes, dopant concentrations and crystal orientations, tailored to meet the precise specifications of its customers.