Insider Selling: AXT (NASDAQ:AXTI) Director Sells $73,260.00 in Stock

AXT Inc (NASDAQ:AXTI) Director Jesse Chen sold 2,000 shares of the company’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $36.63, for a total transaction of $73,260.00. Following the completion of the transaction, the director owned 165,064 shares in the company, valued at approximately $6,046,294.32. The trade was a 1.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Wednesday, March 11th, Jesse Chen sold 15,000 shares of AXT stock. The shares were sold at an average price of $47.13, for a total value of $706,950.00.
• On Tuesday, March 10th, Jesse Chen sold 14,000 shares of AXT stock. The shares were sold at an average price of $46.15, for a total value of $646,100.00.
• On Monday, March 9th, Jesse Chen sold 12,452 shares of AXT stock. The shares were sold at an average price of $37.69, for a total transaction of $469,315.88.
• On Thursday, March 5th, Jesse Chen sold 11,147 shares of AXT stock. The stock was 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 stock was sold at an average price of $40.49, for a total transaction of $445,673.43.
• On Monday, March 2nd, Jesse Chen sold 11,320 shares of AXT stock. The shares were sold at an average price of $45.59, for a total value of $516,078.80.

AXT Trading Down 1.3%

Shares of NASDAQ:AXTI opened at $46.73 on Friday. The firm’s 50-day moving average is $26.73 and its 200 day moving average is $14.56. The company has a market capitalization of $2.58 billion, a price-to-earnings ratio of -97.35 and a beta of 1.75. AXT Inc has a 12 month low of $1.13 and a 12 month high of $50.97.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. CloudAlpha Capital Management Limited Hong Kong acquired a new stake in shares of AXT in the fourth quarter valued at $22,738,000. Alyeska Investment Group L.P. bought a new stake in AXT during the fourth quarter worth $20,187,000. Jane Street Group LLC raised its holdings in AXT by 1,314.6% in the 4th quarter. Jane Street Group LLC now owns 904,599 shares of the semiconductor company’s stock worth $14,790,000 after acquiring an additional 840,650 shares during the last quarter. White Pine Capital LLC increased its position in AXT by 2.8% during the second quarter. White Pine Capital LLC now owns 860,411 shares of the semiconductor company’s stock worth $1,798,000 after purchasing an additional 23,467 shares during the last quarter. Finally, Maytree Asset Management Ltd acquired a new position in shares of AXT during the fourth quarter valued at approximately $11,156,000. 49.52% of the stock is owned by institutional investors.

Key Stories Impacting AXT

Here are the key news stories impacting AXT this week:

• Positive Sentiment: AI narrative & analyst lift — Analysts and commentators are highlighting AXT’s exposure to AI infrastructure (InP/GaAs substrates), and Wedbush raised its price target recently, supporting a re‑rating possibility if demand for compound‑semiconductor wafers accelerates. Read More.
• Positive Sentiment: Short‑term momentum bounce — The shares staged a sharp rebound (double‑digit session gains reported earlier), driven by bargain hunting after recent losses and amplified by higher volume. Read More.
• Neutral Sentiment: Odd short‑interest reporting — Recent short interest prints show zero/NaN values and a 0.0 days‑to‑cover ratio, which appears to be a reporting anomaly and provides no clear signal about short‑covering flows.
• Negative Sentiment: Heavy insider selling — CEO Morris S. Young sold large blocks (e.g., 125,893 shares on Mar 9) and multiple directors have sold tens of thousands of shares across early March. Large insider exits can sap investor confidence even amid a rally. Read More. Read More.
• Negative Sentiment: Earnings/revenue miss — Q4 results missed consensus: revenue of $23.04M vs. $24.24M expected and EPS slightly below estimates, with GAAP gross margin pressure. Near‑term execution and visibility remain concerns. Read More.
• Negative Sentiment: Unusual options/put activity — Reports show elevated options volume and a spike in put purchases (nearly 9,810 puts on one day), indicating notable short‑term bearish/speculative positioning that can increase volatility. Read More.

Analysts Set New Price Targets

A number of research firms have recently commented on AXTI. Wall Street Zen upgraded shares of AXT from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Wedbush upped their price target on AXT from $8.50 to $28.00 and gave the stock an “outperform” rating in a report on Friday, February 20th. Craig Hallum reiterated a “buy” rating on shares of AXT in a research report on Friday, January 9th. Needham & Company LLC lowered AXT from a “buy” rating to a “hold” rating in a report on Tuesday, January 20th. Finally, Northland Securities set a $20.00 price objective on AXT in a report on Monday, December 22nd. 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’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus 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.