Insider Selling: AXT (NASDAQ:AXTI) CEO Sells 30,832 Shares of Stock

AXT Inc (NASDAQ:AXTI) CEO Morris Young sold 30,832 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $45.60, for a total transaction of $1,405,939.20. Following the transaction, the chief executive officer directly owned 2,313,233 shares of the company’s stock, valued at $105,483,424.80. The trade was a 1.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

AXT Stock Up 1.7%

NASDAQ AXTI traded up $0.82 on Thursday, hitting $48.18. The stock had a trading volume of 10,362,045 shares, compared to its average volume of 8,462,578. The company’s 50-day moving average is $26.13 and its two-hundred day moving average is $14.33. AXT Inc has a one year low of $1.13 and a one year high of $50.97. The stock has a market cap of $2.66 billion, a price-to-earnings ratio of -100.82 and a beta of 1.75.

AXT (NASDAQ:AXTI) last released its quarterly earnings results on Thursday, February 19th. The semiconductor company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01). The business had revenue of $23.04 million for the quarter, compared to the consensus estimate of $24.24 million. AXT had a negative net margin of 24.07% and a negative return on equity of 10.59%. On average, sell-side analysts anticipate that AXT Inc will post -0.12 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. UBS Group set a $35.00 price target on AXT in a research note on Tuesday, February 17th. Needham & Company LLC downgraded shares of AXT from a “buy” rating to a “hold” rating in a report on Tuesday, January 20th. Northland Securities set a $20.00 target price on shares of AXT in a research report on Monday, December 22nd. B. Riley Financial raised their target price on shares of AXT to $21.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Finally, Wall Street Zen upgraded shares of AXT from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned 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 target price of $22.80.

Key Headlines Impacting AXT

Here are the key news stories impacting AXT this week:

• Positive Sentiment: Investor interest in an AI/infrastructure growth narrative lifted sentiment for AXT, with commentary arguing that demand for InP and other compound substrates could justify higher multiples over time. Assessing AXT (AXTI) Valuation
• Positive Sentiment: Momentum/bargain‑hunting: the shares have rebounded sharply after recent losses as momentum traders and value buyers stepped in, helping push the stock higher over the past sessions. AXT Climbs 14.9%
• Neutral Sentiment: Unusual options activity has been reported (high volume noted in recent filings/alerts); this can amplify intraday moves but does not by itself indicate direction. AXT Sees Unusually High Options Volume
• Neutral Sentiment: Short‑interest data in recent releases appears anomalous/zero and offers no clear evidence of short‑covering driving the rally (likely a reporting quirk rather than a material flow).
• Negative Sentiment: Large insider selling: CEO Morris S. Young sold 125,893 shares (~$4.6M) on Mar 9; sizable insider disposals can weigh on sentiment and raise questions about timing of allocations. CEO Sale SEC Filing
• Negative Sentiment: Director selling: Director Jesse Chen sold multiple tranches in early March (totaling tens of thousands of shares), which adds to the insider‑selling narrative. Director Jesse Chen Sale
• Negative Sentiment: Put buying spike: traders purchased an unusually large number of put contracts (reported ~9,810 puts on Mar 11), signaling short‑term bearish/speculative hedging that could pressure the stock if volatility persists.
• Negative Sentiment: Mixed Q4 results: the company missed revenue and EPS expectations (Q4 revenue ~$23.0M; EPS miss), and margins remain under pressure — a reminder that near‑term fundamentals need to improve to sustain the rally. AXT Q4 Results

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. State of Wyoming bought a new stake in shares of AXT in the 4th quarter worth approximately $69,000. Kestra Advisory Services LLC bought a new position in shares of AXT in the fourth quarter valued at $98,000. Oasis Management Co Ltd. acquired a new stake in shares of AXT during the 4th quarter valued at $164,000. Osaic Holdings Inc. boosted its stake in shares of AXT by 1,071.5% during the 4th quarter. Osaic Holdings Inc. now owns 11,012 shares of the semiconductor company’s stock worth $180,000 after acquiring an additional 10,072 shares in the last quarter. Finally, Jefferies Financial Group Inc. acquired a new position in shares of AXT in the 3rd quarter worth $52,000. Institutional investors own 49.52% of the company’s stock.

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.