AXT (NASDAQ:AXTI) Director Jesse Chen Sells 2,000 Shares of Stock

AXT Inc (NASDAQ:AXTI) Director Jesse Chen sold 2,000 shares of AXT stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $36.63, for a total transaction of $73,260.00. Following the sale, the director owned 165,064 shares of the company’s stock, valued at approximately $6,046,294.32. The trade was a 1.20% decrease in their ownership of the stock. 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 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.
• On Thursday, March 5th, Jesse Chen sold 11,147 shares of AXT stock. The stock was 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 transaction 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 transaction of $516,078.80.

AXT Trading Up 14.9%

Shares of NASDAQ:AXTI opened at $44.30 on Wednesday. The stock has a market capitalization of $2.45 billion, a P/E ratio of -92.29 and a beta of 1.75. The stock’s 50-day moving average price is $25.51 and its 200-day moving average price is $14.10. AXT Inc has a 12-month low of $1.13 and a 12-month high of $47.03.

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

More AXT News

Here are the key news stories impacting AXT this week:

• Positive Sentiment: Buyers are leaning into an AI infrastructure growth narrative that analysts say could lift long‑term demand for AXT’s semiconductor substrates and wafers, supporting a higher valuation multiple and momentum in the name. Assessing AXT (AXTI) Valuation
• Positive Sentiment: Unusual options activity: traders bought ~14,442 call options (≈171% above typical daily call volume), indicating short‑term bullish/speculative positioning that can amplify upside. (market data entry)
• Positive Sentiment: Momentum/rebound trade: AXT rallied sharply after recent losses as bargain hunters and momentum traders piled back in, helping lift the stock for a second straight session. AXT Climbs 14.9%
• Neutral Sentiment: Reported short interest figures in recent data appear anomalous/zero and provide no clear signal (likely a reporting quirk), so short-covering is not confirmed as a driver. (market data entry)
• Negative Sentiment: Large insider selling: CEO Morris S. Young sold 125,893 shares (≈$4.6M) on Mar 9 and previously sold smaller lots; Director Jesse Chen also sold multiple tranches (totaling tens of thousands of shares). Significant insider sell volume can be read as a negative signal by investors. CEO Sale SEC Filing Director Sale SEC Filing
• Negative Sentiment: Q4 / FY2025 results were mixed: revenue fell to $23.0M (down QoQ and YoY) and GAAP gross margin dipped to ~20.9%, reinforcing near‑term execution concerns versus the AI-led optimism. That weakness tempers the bullish narrative until visibility improves. AXT Reports Q4 & FY2025 Results AXT Q4 Summary
• Negative Sentiment: TipRanks and other outlets highlighted a recent director sale as a notable insider move, which can increase investor wariness even as the stock rallies. TipRanks Insider Move

Institutional Investors Weigh In On AXT

A number of large investors have recently modified their holdings of the stock. XTX Topco Ltd bought a new position in AXT in the second quarter worth about $42,000. Jefferies Financial Group Inc. purchased a new position in shares of AXT during the 3rd quarter worth approximately $52,000. State of Wyoming bought a new position in shares of AXT in the 4th quarter worth approximately $69,000. Creative Planning purchased a new position in shares of AXT in the 2nd quarter valued at approximately $86,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of AXT in the 4th quarter valued at approximately $98,000. Institutional investors own 49.52% of the company’s stock.

Analysts Set New Price Targets

AXTI has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of AXT from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Needham & Company LLC lowered shares of AXT from a “buy” rating to a “hold” rating in a report on Tuesday, January 20th. UBS Group set a $35.00 target price on AXT in a research note on Tuesday, February 17th. Wedbush boosted their price target on AXT from $8.50 to $28.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Finally, Northland Securities set a $20.00 price target on AXT in a research report on Monday, December 22nd. Two investment 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. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target 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.