AXT (NASDAQ:AXTI) Director Sells $469,315.88 in Stock

AXT Inc (NASDAQ:AXTI) Director Jesse Chen sold 12,452 shares of the business’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $37.69, for a total transaction of $469,315.88. Following the completion of the sale, the director directly owned 152,612 shares in the company, valued at approximately $5,751,946.28. This represents a 7.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• 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 value 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 value of $646,100.00.
• On Friday, March 6th, Jesse Chen sold 2,000 shares of AXT stock. The shares were sold at an average price of $36.63, for a total value of $73,260.00.
• On Thursday, March 5th, Jesse Chen sold 11,147 shares of AXT stock. The shares were sold at an average price of $38.26, for a total value of $426,484.22.
• On Wednesday, March 4th, Jesse Chen sold 8,800 shares of AXT stock. The stock was sold at an average price of $38.83, for a total value of $341,704.00.
• On Tuesday, March 3rd, Jesse Chen sold 11,007 shares of AXT stock. The stock was sold at an average price of $40.49, for a total value of $445,673.43.
• On Monday, March 2nd, Jesse Chen sold 11,320 shares of AXT stock. The stock was sold at an average price of $45.59, for a total value of $516,078.80.

AXT Price Performance

Shares of AXTI stock opened at $46.73 on Friday. The stock has a market capitalization of $2.58 billion, a PE ratio of -97.35 and a beta of 1.75. The business’s 50 day simple moving average is $26.73 and its 200 day simple moving average is $14.56. AXT Inc has a one year low of $1.13 and a one year high of $50.97.

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

Institutional Investors Weigh In On AXT

A number of large investors have recently bought and sold shares of AXTI. Pinpoint Asset Management Singapore Pte. Ltd. raised its holdings in shares of AXT by 2,333,600.0% during the third quarter. Pinpoint Asset Management Singapore Pte. Ltd. now owns 23,337 shares of the semiconductor company’s stock valued at $105,000 after purchasing an additional 23,336 shares during the period. Wesbanco Bank Inc. acquired a new stake in shares of AXT in the 3rd quarter valued at about $112,000. White Pine Capital LLC grew its stake in shares of AXT by 2.8% in the 2nd quarter. White Pine Capital LLC now owns 860,411 shares of the semiconductor company’s stock valued at $1,798,000 after buying an additional 23,467 shares during the period. Assenagon Asset Management S.A. increased its position in AXT by 12.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 22,952 shares of the semiconductor company’s stock valued at $103,000 after buying an additional 2,540 shares in the last quarter. Finally, Oasis Management Co Ltd. bought a new stake in AXT in the 4th quarter valued at about $164,000. 49.52% of the stock is currently owned by institutional investors and hedge funds.

AXT News Roundup

Here are the key news stories impacting AXT this week:

• Positive Sentiment: AI narrative & analyst lift — Analysts and commentators are highlighting AXT’s exposure to AI infrastructure (InP/GaAs substrates), and Wedbush raised its price target recently, supporting a re‑rating possibility if demand for compound‑semiconductor wafers accelerates. Read More.
• Positive Sentiment: Short‑term momentum bounce — The shares staged a sharp rebound (double‑digit session gains reported earlier), driven by bargain hunting after recent losses and amplified by higher volume. Read More.
• Neutral Sentiment: Odd short‑interest reporting — Recent short interest prints show zero/NaN values and a 0.0 days‑to‑cover ratio, which appears to be a reporting anomaly and provides no clear signal about short‑covering flows.
• Negative Sentiment: Heavy insider selling — CEO Morris S. Young sold large blocks (e.g., 125,893 shares on Mar 9) and multiple directors have sold tens of thousands of shares across early March. Large insider exits can sap investor confidence even amid a rally. Read More. Read More.
• Negative Sentiment: Earnings/revenue miss — Q4 results missed consensus: revenue of $23.04M vs. $24.24M expected and EPS slightly below estimates, with GAAP gross margin pressure. Near‑term execution and visibility remain concerns. Read More.
• Negative Sentiment: Unusual options/put activity — Reports show elevated options volume and a spike in put purchases (nearly 9,810 puts on one day), indicating notable short‑term bearish/speculative positioning that can increase volatility. Read More.

Analysts Set New Price Targets

A number of analysts have commented on AXTI shares. UBS Group set a $35.00 price target on shares of AXT in a research report on Tuesday, February 17th. Wedbush lifted their price objective on AXT from $8.50 to $28.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Needham & Company LLC downgraded AXT from a “buy” rating to a “hold” rating in a research note on Tuesday, January 20th. Northland Securities set a $20.00 target price on AXT in a research report on Monday, December 22nd. Finally, B. Riley Financial raised their target price on AXT to $21.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. 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 an average rating of “Hold” and a consensus target price of $22.80.

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.