Insider Selling: AXT (NASDAQ:AXTI) CEO Sells $8,305,283.83 in Stock

AXT Inc (NASDAQ:AXTI) CEO Morris Young sold 73,897 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $112.39, for a total transaction of $8,305,283.83. Following the transaction, the chief executive officer directly owned 2,261,328 shares in the company, valued at approximately $254,150,653.92. This represents a 3.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

AXT Stock Performance

AXTI stock opened at $89.04 on Friday. AXT Inc has a 52 week low of $1.72 and a 52 week high of $143.16. The firm’s fifty day moving average is $89.22 and its 200 day moving average is $47.12. The firm has a market cap of $5.82 billion, a P/E ratio of -287.22 and a beta of 1.80.

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

Institutional Investors Weigh In On AXT

Large investors have recently added to or reduced their stakes in the company. American Capital Advisory LLC bought a new stake in AXT in the 1st quarter worth $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in AXT in the 1st quarter worth $31,000. XTX Topco Ltd bought a new stake in AXT in the 2nd quarter worth $42,000. Jefferies Financial Group Inc. bought a new stake in AXT in the 3rd quarter worth $52,000. Finally, Leonteq Securities AG bought a new stake in AXT in the 1st quarter worth $57,000. 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 Analyst Weigh In

Several research firms recently commented on AXTI. Weiss Ratings raised shares of AXT from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, May 27th. Wedbush raised their price target on shares of AXT from $8.50 to $28.00 and gave the stock an “outperform” rating in a report on Friday, February 20th. B. Riley Financial raised their price target on shares of AXT to $21.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Wall Street Zen raised shares of AXT from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Finally, Northland Securities set a $125.00 price target on shares of AXT in a report on Wednesday. Two 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. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $43.80.

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.