330,788 Shares in AXT Inc $AXTI Bought by Rokos Capital Management LLP

Rokos Capital Management LLP acquired a new stake in AXT Inc (NASDAQ:AXTI) in the first quarter, Holdings Channel reports. The firm acquired 330,788 shares of the semiconductor company’s stock, valued at approximately $18,842,000.

Other large investors have also bought and sold shares of the company. Acadian Asset Management LLC lifted its holdings in 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 during the period. Creative Planning bought a new stake in shares of AXT in the 2nd quarter valued at about $86,000. XTX Topco Ltd acquired a new stake in shares of AXT in the second quarter valued at about $42,000. Dimensional Fund Advisors LP acquired a new stake in shares of AXT in the third quarter valued at about $145,000. Finally, Jefferies Financial Group Inc. bought a new position in shares of AXT during the third quarter worth about $52,000. 49.52% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on AXTI shares. Northland Securities set a $125.00 price objective on AXT in a research note on Wednesday, June 3rd. Weiss Ratings raised shares of AXT from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, May 27th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, AXT has an average rating of “Hold” and a consensus price target of $43.80.

Insider Activity

In related news, Director David C. Chang sold 8,333 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $111.17, for a total transaction of $926,379.61. Following the completion of the sale, the director owned 65,165 shares of the company’s stock, valued at $7,244,393.05. This trade represents a 11.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jesse Chen sold 13,000 shares of AXT stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $95.77, for a total value of $1,245,010.00. Following the completion of the sale, the director owned 56,447 shares of the company’s stock, valued at approximately $5,405,929.19. The trade was a 18.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 251,636 shares of company stock valued at $27,789,677 in the last ninety days. 5.97% of the stock is owned by company insiders.

AXT Stock Up 1.4%

AXTI stock opened at $47.88 on Tuesday. The firm has a market cap of $3.13 billion, a price-to-earnings ratio of -154.45 and a beta of 1.86. AXT Inc has a 12-month low of $1.85 and a 12-month high of $143.16. The company’s fifty day simple moving average is $81.67 and its 200 day simple moving average is $61.37.

AXT (NASDAQ:AXTI) last issued its quarterly earnings results on Thursday, April 30th. The semiconductor company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $26.92 million for the quarter, compared to analysts’ expectations of $26.22 million. AXT has set its Q2 2026 guidance at 0.060-0.080 EPS. Research analysts expect that AXT Inc will post 0.19 earnings per share for the current year.

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.