AXT (NASDAQ:AXTI) Director Jesse Chen Sells 11,147 Shares of Stock

AXT Inc (NASDAQ:AXTI) Director Jesse Chen sold 11,147 shares of the firm’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $38.26, for a total value of $426,484.22. Following the sale, the director owned 167,064 shares in the company, valued at $6,391,868.64. This trade represents a 6.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• 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 shares were 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 shares were sold at an average price of $45.59, for a total value of $516,078.80.

AXT Stock Down 6.2%

Shares of AXTI stock traded down $2.42 during trading hours on Friday, hitting $36.37. 4,215,610 shares of the company’s stock were exchanged, compared to its average volume of 8,074,994. AXT Inc has a fifty-two week low of $1.13 and a fifty-two week high of $47.03. The firm has a market cap of $2.01 billion, a P/E ratio of -75.77 and a beta of 1.75. The firm has a 50 day moving average of $24.12 and a two-hundred day moving average of $13.19.

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 analysts’ consensus estimates of ($0.04) by ($0.01). The company had revenue of $23.04 million during the quarter, compared to analyst estimates of $24.24 million. AXT had a negative net margin of 24.07% and a negative return on equity of 10.59%. On average, equities analysts forecast that AXT Inc will post -0.12 earnings per share for the current fiscal year.

Key AXT News

Here are the key news stories impacting AXT this week:

• Positive Sentiment: Large institutional buyers added or established meaningful Q4 positions (e.g., Davidson Kempner, Point72, Jane Street, CloudAlpha, Alyeska, Maytree), which can supply underlying demand and support the stock over time.
• Positive Sentiment: Recent bullish commentary highlights AXT as a play on compound‑semiconductor substrates (GaAs/InP/GaN), which may attract sector investors chasing secular demand in RF/wireless and optoelectronics. Read More.
• Neutral Sentiment: Analyst coverage is mixed (buy/hold/sell split) and the consensus price target sits below recent trading, so analyst action is unlikely to be an immediate directional catalyst.
• Neutral Sentiment: Reported short‑interest data in public feeds is inconsistent/zero, so there’s no clear short‑squeeze or mounting short pressure explaining today’s move.
• Negative Sentiment: Significant insider selling this week: CEO Morris Young sold 159,536 shares (~$6.9M at reported averages) and directors Jesse Chen and David C. Chang sold sizable blocks — a strong near‑term negative signal that likely increased selling pressure. Read More.
• Negative Sentiment: Q4 FY2025 results: revenue (~$23.0M) and EPS (miss) kept the company unprofitable and produced negative margins — fundamentals that justify caution until revenue/profitability trends improve. Read More.
• Negative Sentiment: Net insider activity in recent weeks is heavily skewed to selling with few reported insider buys, which is a governance/sentiment headwind that often triggers short‑term outflows. Read More.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Needham & Company LLC lowered shares of AXT from a “buy” rating to a “hold” rating in a research note on Tuesday, January 20th. B. Riley Financial increased their target price on AXT to $21.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Wedbush lifted their price target on AXT from $8.50 to $28.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. UBS Group set a $35.00 price target on AXT in a research report on Tuesday, February 17th. Finally, Wall Street Zen raised AXT from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, AXT has a consensus rating of “Hold” and an average target price of $22.80.

Institutional Investors Weigh In On AXT

Large investors have recently made changes to their positions in the stock. Acadian Asset Management LLC lifted its position in AXT by 2.8% during the first 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 in the last quarter. Creative Planning purchased a new stake in AXT in the 2nd quarter valued at $86,000. White Pine Capital LLC increased 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 worth $1,798,000 after acquiring an additional 23,467 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of AXT in the 2nd quarter worth $42,000. Finally, Assenagon Asset Management S.A. raised its holdings in shares of AXT by 12.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 22,952 shares of the semiconductor company’s stock worth $103,000 after acquiring an additional 2,540 shares during the period. 49.52% of the stock is currently owned by hedge funds and other institutional investors.

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.