UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Stock Holdings in AXT Inc $AXTI

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of AXT Inc (NASDAQ:AXTI) by 11.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 85,925 shares of the semiconductor company’s stock after purchasing an additional 9,032 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in AXT were worth $6,193,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. CloudAlpha Capital Management Limited Hong Kong purchased a new stake in shares of AXT in the fourth quarter worth $22,738,000. California State Teachers Retirement System purchased a new position in AXT during the first quarter worth about $3,670,000. Bank of America Corp DE increased its stake in AXT by 112.0% in the 1st quarter. Bank of America Corp DE now owns 776,300 shares of the semiconductor company’s stock worth $44,234,000 after acquiring an additional 410,181 shares during the last quarter. Janus Henderson Group PLC bought a new position in AXT in the 1st quarter worth about $1,395,000. Finally, Allworth Financial LP raised its holdings in shares of AXT by 3,764.7% in the 4th quarter. Allworth Financial LP now owns 11,594 shares of the semiconductor company’s stock valued at $190,000 after acquiring an additional 11,294 shares in the last quarter. 49.52% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on AXTI shares. Northland Securities set a $125.00 price objective on AXT in a report on Wednesday, June 3rd. Needham & Company LLC raised AXT from a “hold” rating to a “buy” rating and set a $90.00 target price for the company in a research note on Friday, July 31st. B. Riley Financial reduced their price target on shares of AXT from $73.00 to $52.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 28th. UBS Group set a $90.00 price target on shares of AXT in a research note on Friday, July 31st. Finally, Zacks Research raised shares of AXT from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $77.00.

Insider Buying and Selling at AXT

In other news, Director David Chang sold 8,333 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $111.17, for a total transaction of $926,379.61. Following the sale, the director owned 65,165 shares in the company, valued at approximately $7,244,393.05. The trade was a 11.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Leonard Leblanc sold 4,000 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $96.07, for a total transaction of $384,280.00. Following the sale, the director directly owned 113,129 shares in the company, valued at $10,868,303.03. The trade was a 3.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 33,505 shares of company stock valued at $3,443,551. 5.97% of the stock is currently owned by company insiders.

AXT Stock Performance

Shares of AXTI stock opened at $69.56 on Wednesday. The business’s 50 day moving average price is $62.39 and its 200-day moving average price is $71.26. The firm has a market cap of $4.56 billion, a P/E ratio of 3,478.00 and a beta of 1.92. AXT Inc has a fifty-two week low of $3.02 and a fifty-two week high of $143.16.

AXT (NASDAQ:AXTI) last posted its earnings results on Thursday, July 30th. The semiconductor company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.07 by $0.12. AXT had a net margin of 3.23% and a return on equity of 0.96%. The firm had revenue of $47.59 million during the quarter, compared to analysts’ expectations of $34.08 million. AXT has set its Q3 2026 guidance at 0.300-0.320 EPS. As a group, equities analysts predict that AXT Inc will post 0.8 EPS for the current year.

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.