AXT (NASDAQ:AXTI) Director Jesse Chen Sells 6,133 Shares

AXT Inc (NASDAQ:AXTI) Director Jesse Chen sold 6,133 shares of the business’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $108.28, for a total transaction of $664,081.24. Following the transaction, the director owned 94,193 shares in the company, valued at approximately $10,199,218.04. The trade was a 6.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Wednesday, June 3rd, Jesse Chen sold 4,000 shares of AXT stock. The stock was sold at an average price of $111.36, for a total transaction of $445,440.00.
• On Friday, March 13th, Jesse Chen sold 8,083 shares of AXT stock. The stock was sold at an average price of $50.25, for a total transaction of $406,170.75.
• On Thursday, March 12th, Jesse Chen sold 6,003 shares of AXT stock. The stock was sold at an average price of $48.95, for a total transaction of $293,846.85.
• On Wednesday, March 11th, Jesse Chen sold 15,000 shares of AXT stock. The stock was sold at an average price of $47.13, for a total transaction of $706,950.00.
• On Tuesday, March 10th, Jesse Chen sold 14,000 shares of AXT stock. The stock was sold at an average price of $46.15, for a total transaction of $646,100.00.
• On Monday, March 9th, Jesse Chen sold 12,452 shares of AXT stock. The stock was sold at an average price of $37.69, for a total transaction of $469,315.88.

AXT Trading Down 16.0%

Shares of AXTI opened at $89.04 on Friday. The company has a market cap of $5.82 billion, a price-to-earnings ratio of -287.22 and a beta of 1.80. AXT Inc has a 1-year low of $1.72 and a 1-year high of $143.16. The company’s fifty day simple moving average is $89.22 and its 200 day simple moving average is $47.12.

AXT (NASDAQ:AXTI) last issued its earnings results on Thursday, April 30th. The semiconductor company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.03. The business had revenue of $26.92 million for the quarter, compared to the consensus estimate of $26.22 million. AXT had a negative net margin of 14.69% and a negative return on equity of 5.71%. AXT has set its Q2 2026 guidance at 0.060-0.080 EPS. As a group, research analysts forecast that AXT Inc will post 0.2 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Assenagon Asset Management S.A. lifted its holdings in shares of AXT by 161.9% in the first quarter. Assenagon Asset Management S.A. now owns 1,505,354 shares of the semiconductor company’s stock worth $85,775,000 after acquiring an additional 930,526 shares during the last quarter. CloudAlpha Capital Management Limited Hong Kong bought a new position in shares of AXT in the fourth quarter worth about $22,738,000. Alyeska Investment Group L.P. bought a new position in shares of AXT in the fourth quarter worth about $20,187,000. Jane Street Group LLC increased its stake in shares of AXT by 1,314.6% in the fourth quarter. Jane Street Group LLC now owns 904,599 shares of the semiconductor company’s stock valued at $14,790,000 after buying an additional 840,650 shares during the period. Finally, Bank of America Corp DE increased its stake in shares of AXT by 112.0% in the first quarter. Bank of America Corp DE now owns 776,300 shares of the semiconductor company’s stock valued at $44,234,000 after buying an additional 410,181 shares during the period. Institutional investors own 49.52% of the company’s stock.

More AXT News

Here are the key news stories impacting AXT this week:

• Negative Sentiment: CEO Morris Young and Director Jesse Chen disclosed multiple stock sales over the past few days, including large transactions that trimmed their ownership stakes. Heavy insider selling can weigh on sentiment because it may signal that management views the shares as fully valued or prefers to reduce exposure at current levels. SEC filing for Jesse Chen sale
• Negative Sentiment: Traders bought 42,750 put options, about 58% above normal daily volume, suggesting a notable increase in bearish bets or hedging activity on AXT shares.
• Neutral Sentiment: Recent commentary highlighted AXT’s order backlog topping $100 million and management’s plan to double capacity in 2026 and again in 2027, reflecting strong AI-related demand for indium phosphide substrates. Article: AXT’s Order Backlog Surge & Capacity Push Fuel Growth Expectations
• Neutral Sentiment: The company’s latest earnings beat expectations modestly and Q2 guidance called for adjusted EPS of $0.06 to $0.08, but the business remains unprofitable on a net basis, which keeps the stock sensitive to execution and margin concerns.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Northland Securities set a $125.00 price objective on shares of AXT in a report on Wednesday. Wall Street Zen upgraded shares of AXT from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. B. Riley Financial upped their price objective on shares of AXT to $21.00 and gave the company a “neutral” rating in a report on Friday, February 20th. UBS Group set a $35.00 price target on shares of AXT in a research note on Tuesday, February 17th. Finally, Weiss Ratings upgraded shares of AXT from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 27th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $43.80.

AXT Company Profile

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.