AXT Inc (NASDAQ:AXTI) Receives Average Rating of “Hold” from Analysts

Shares of AXT Inc (NASDAQ:AXTI) have earned a consensus rating of “Hold” from the five ratings firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $43.80.

AXTI has been the subject of a number of recent analyst reports. Northland Securities set a $125.00 price objective on shares of AXT in a research report on Wednesday, June 3rd. Weiss Ratings upgraded AXT from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 27th.

Insider Buying and Selling

In other news, Director David C. Chang sold 8,333 shares of the firm’s stock in a transaction 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 directly owned 65,165 shares of the company’s stock, valued at $7,244,393.05. This trade represents a 11.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Morris S. Young sold 123,601 shares of AXT stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $113.33, for a total value of $14,007,701.33. Following the sale, the chief executive officer owned 2,149,533 shares in the company, valued at $243,606,574.89. The trade was a 5.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 251,636 shares of company stock worth $27,789,677. 5.97% of the stock is owned by company insiders.

Hedge Funds Weigh In On AXT

Institutional investors have recently added to or reduced their stakes in the stock. American Capital Advisory LLC bought a new stake in AXT in the first quarter worth about $27,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of AXT during the 1st quarter valued at approximately $31,000. Leonteq Securities AG bought a new position in shares of AXT during the 1st quarter valued at approximately $57,000. KBC Group NV purchased a new stake in shares of AXT during the 1st quarter worth approximately $88,000. Finally, SG Americas Securities LLC purchased a new stake in shares of AXT during the 1st quarter worth approximately $108,000. Institutional investors own 49.52% of the company’s stock.

AXT Trading Down 12.9%

NASDAQ AXTI opened at $56.62 on Friday. The business has a fifty day simple moving average of $96.92 and a 200 day simple moving average of $56.74. AXT has a 12 month low of $1.85 and a 12 month high of $143.16. The firm has a market capitalization of $3.70 billion, a P/E ratio of -182.64 and a beta of 1.86.

AXT (NASDAQ:AXTI) last posted its 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 during 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, sell-side analysts predict that AXT will post 0.19 EPS for the current fiscal year.

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.