Morris Young Sells 8,300 Shares of AXT (NASDAQ:AXTI) Stock

AXT Inc (NASDAQ:AXTI) CEO Morris Young sold 8,300 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $39.65, for a total value of $329,095.00. Following the sale, the chief executive officer owned 2,469,958 shares in the company, valued at approximately $97,933,834.70. The trade was a 0.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

AXT Stock Performance

Shares of AXTI stock opened at $47.36 on Thursday. The company has a market cap of $2.62 billion, a P/E ratio of -98.66 and a beta of 1.75. The stock has a 50 day simple moving average of $26.13 and a two-hundred day simple moving average of $14.33. AXT Inc has a fifty-two week low of $1.13 and a fifty-two week high of $47.94.

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

Hedge Funds Weigh In On AXT

Large investors have recently added to or reduced their stakes in the business. XTX Topco Ltd acquired a new position in AXT during the 2nd quarter valued at about $42,000. Jefferies Financial Group Inc. purchased a new stake in shares of AXT in the third quarter worth approximately $52,000. State of Wyoming bought a new position in shares of AXT in the fourth quarter valued at approximately $69,000. Creative Planning bought a new position in shares of AXT in the second quarter valued at approximately $86,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of AXT during the fourth quarter valued at approximately $98,000. Institutional investors own 49.52% of the company’s stock.

Wall Street Analysts Forecast Growth

AXTI has been the topic of several research analyst reports. B. Riley Financial increased their target price on shares of AXT to $21.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. UBS Group set a $35.00 price objective on shares of AXT in a report on Tuesday, February 17th. Needham & Company LLC cut shares of AXT from a “buy” rating to a “hold” rating in a research report on Tuesday, January 20th. Wedbush raised their target price on AXT from $8.50 to $28.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Finally, Northland Securities set a $20.00 target price on AXT in a research report on Monday, December 22nd. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $22.80.

Key Stories Impacting AXT

Here are the key news stories impacting AXT this week:

• Positive Sentiment: AI narrative and export-opportunity thesis: Analysts and commentators are discussing how export constraints on competitors could create an advantage for AXT’s indium phosphide (InP) substrates — reinforcing a longer‑term AI infrastructure demand story that supports upside. Can AXT Turn Export Constraints Into an AI-Focused Indium Phosphide Advantage?
• Positive Sentiment: Optimistic valuation commentary: Recent pieces highlighting an optimistic outlook tied to AI infrastructure growth have helped re-rate sentiment and attracted bargain/momentum buyers. Assessing AXT Valuation After Optimistic Outlook
• Positive Sentiment: Unusual bullish options flow and momentum: Large call‑option purchases (reported ~14,442 calls on Mar 10) and a recent two‑day rally (reported ~14.9% one session) point to short‑term bullish/speculative positioning that can amplify gains.
• Neutral Sentiment: Reported short‑interest data for early March shows anomalous/zero values in recent feeds and provides no clear signal of short covering — likely a reporting quirk rather than a driver of the move.
• Negative Sentiment: Significant insider selling: CEO Morris S. Young sold a large block (125,893 shares on Mar 9) and Director Jesse Chen has sold multiple tranches this month — sizable insider exits can raise governance/conviction concerns for investors. CEO Sale SEC Filing Director Sale SEC Filing
• Negative Sentiment: Mixed Q4/FY2025 results: Revenue declined QoQ/YoY (reported $23.0M) and GAAP gross margin softened (~20.9%), highlighting near‑term execution and demand variability that temper the AI tailwind until clearer revenue traction appears. AXT Reports Q4 & FY2025 Results
• Negative Sentiment: Rising put interest: A notable uptick in put purchases (9,810 puts, +73% vs. typical) signals some investors are hedging or positioning for downside, which can accelerate selling if sentiment shifts.

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.