AXT (NASDAQ:AXTI) Director Sells $445,440.00 in Stock

AXT Inc (NASDAQ:AXTI) Director Jesse Chen sold 4,000 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $111.36, for a total transaction of $445,440.00. Following the transaction, the director owned 100,326 shares of the company’s stock, valued at $11,172,303.36. The trade was a 3.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Thursday, June 4th, Jesse Chen sold 6,133 shares of AXT stock. The stock was sold at an average price of $108.28, for a total transaction of $664,081.24.
• 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 Stock Performance

NASDAQ AXTI opened at $89.04 on Monday. The firm’s fifty day moving average price is $89.22 and its two-hundred day moving average price is $47.38. AXT Inc has a 1 year low of $1.72 and a 1 year high of $143.16. The firm has a market capitalization of $5.82 billion, a P/E ratio of -287.22 and a beta of 1.80.

AXT (NASDAQ:AXTI) last posted its quarterly earnings results on Thursday, April 30th. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, topping 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 firm 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. On average, research analysts anticipate that AXT Inc will post 0.2 EPS for the current fiscal year.

Hedge Funds Weigh In On AXT

Large investors have recently modified their holdings of the stock. Assenagon Asset Management S.A. increased its position in AXT by 161.9% during 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 period. CloudAlpha Capital Management Limited Hong Kong bought a new position in AXT during the fourth quarter worth about $22,738,000. Alyeska Investment Group L.P. bought a new position in AXT during the fourth quarter worth about $20,187,000. Jane Street Group LLC increased its position in AXT by 1,314.6% during the fourth 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 period. Finally, Bank of America Corp DE increased its position in AXT by 112.0% during the first quarter. Bank of America Corp DE now owns 776,300 shares of the semiconductor company’s stock worth $44,234,000 after acquiring an additional 410,181 shares during the period. 49.52% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

AXTI has been the topic of several analyst reports. Wedbush upped their price target on shares of AXT from $8.50 to $28.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. B. Riley Financial increased their price objective on shares of AXT to $21.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Northland Securities set a $125.00 price objective on shares of AXT in a research report on Wednesday. Wall Street Zen raised shares of AXT from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Finally, 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 research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $43.80.

Key Stories Impacting AXT

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.

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.