AXT (NASDAQ:AXTI) Director Sells $646,100.00 in Stock

AXT Inc (NASDAQ:AXTI) Director Jesse Chen sold 14,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $46.15, for a total value of $646,100.00. Following the transaction, the director directly owned 138,612 shares in the company, valued at approximately $6,396,943.80. This trade represents a 9.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed 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 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 value of $469,315.88.
• 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 value of $73,260.00.
• 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 value 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 value 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 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 transaction of $516,078.80.

AXT Trading Up 4.6%

AXTI opened at $48.86 on Friday. AXT Inc has a 1-year low of $1.13 and a 1-year high of $51.98. The company has a market cap of $2.70 billion, a price-to-earnings ratio of -101.79 and a beta of 1.75. The company’s fifty day moving average price is $27.38 and its two-hundred day moving average price is $14.96.

AXT (NASDAQ:AXTI) last issued its quarterly earnings data on Thursday, February 19th. The semiconductor company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01). The business had revenue of $23.04 million for 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%. As a group, equities analysts forecast that AXT Inc will post -0.12 earnings per share for the current fiscal year.

Analyst Ratings Changes

AXTI has been the subject of a number of recent research reports. UBS Group set a $35.00 price objective on AXT in a report on Tuesday, February 17th. Northland Securities set a $20.00 target price on AXT in a report on Monday, December 22nd. Wall Street Zen raised AXT from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Needham & Company LLC downgraded AXT from a “buy” rating to a “hold” rating in a report on Tuesday, January 20th. Finally, B. Riley Financial increased their price target on AXT to $21.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $22.80.

Institutional Investors Weigh In On AXT

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Acadian Asset Management LLC lifted its position in shares of AXT by 2.8% during the 1st quarter. Acadian Asset Management LLC now owns 293,818 shares of the semiconductor company’s stock worth $412,000 after buying an additional 8,039 shares in the last quarter. Creative Planning bought a new position in shares of AXT in the second quarter valued at approximately $86,000. White Pine Capital LLC increased its position in shares of AXT by 2.8% during the second quarter. White Pine Capital LLC now owns 860,411 shares of the semiconductor company’s stock valued at $1,798,000 after acquiring an additional 23,467 shares during the last quarter. XTX Topco Ltd purchased a new stake in shares of AXT during the second quarter valued at approximately $42,000. Finally, Assenagon Asset Management S.A. lifted its holdings in AXT by 12.4% during the third quarter. Assenagon Asset Management S.A. now owns 22,952 shares of the semiconductor company’s stock worth $103,000 after acquiring an additional 2,540 shares during the period. Hedge funds and other institutional investors own 49.52% of the company’s stock.

AXT News Summary

Here are the key news stories impacting AXT this week:

• Positive Sentiment: Shares jumped roughly 14.9% on heavy volume, signaling short‑term buying momentum and renewed investor interest that can attract momentum traders. Read More.
• Neutral Sentiment: Unusually high options volume was reported, indicating speculative positioning that can amplify intraday moves and volatility—useful for traders but risky for longer‑term investors. Read More.
• Neutral Sentiment: Coverage highlights AXT’s indium‑phosphide capabilities and potential to benefit from AI/optics demand — a strategic narrative that could support higher valuation if revenue follows, but it’s not yet a confirmed revenue catalyst. Read More.
• Neutral Sentiment: Reported short‑interest figures show zero shares (likely a reporting anomaly). Treat published “0” short interest with caution until exchanges/clearing update official data—don’t infer a true absence of shorts from that number.
• Negative Sentiment: Significant insider selling by senior management and directors: CEO Morris S. Young sold 30,832 shares (~$45.60 avg) and directors including David C. Chang and Jesse Chen sold large blocks on March 10–11 (multiple filings). The concentrated, multi‑executive sell‑off (seven+ filings) is material and can pressure sentiment despite the rally. Coverage and SEC filings: Read More. SEC filing examples: Read More., Read More..

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.