Jesse Chen Sells 1,500 Shares of AXT (NASDAQ:AXTI) Stock

Posted by Shane Hupp on Jun 12th, 2026

AXT Inc (NASDAQ:AXTI – Get Free Report) Director Jesse Chen sold 1,500 shares of AXT stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $93.30, for a total value of $139,950.00. Following the completion of the transaction, the director owned 87,447 shares of the company’s stock, valued at approximately $8,158,805.10. The trade was a 1.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

On Wednesday, June 10th, Jesse Chen sold 9,000 shares of AXT stock. The stock was sold at an average price of $86.73, for a total value of $780,570.00.
On Monday, June 8th, Jesse Chen sold 6,000 shares of AXT stock. The stock was sold at an average price of $94.00, for a total value of $564,000.00.
On Thursday, June 4th, Jesse Chen sold 6,133 shares of AXT stock. The stock was sold at an average price of $108.28, for a total value of $664,081.24.
On Wednesday, June 3rd, Jesse Chen sold 4,000 shares of AXT stock. The stock was sold at an average price of $111.36, for a total value of $445,440.00.
On Friday, March 13th, Jesse Chen sold 8,083 shares of AXT stock. The stock was sold at an average price of $50.25, for a total value of $406,170.75.
On Thursday, March 12th, Jesse Chen sold 6,003 shares of AXT stock. The stock was sold at an average price of $48.95, for a total value of $293,846.85.

AXT Price Performance

AXTI opened at $88.34 on Friday. The company has a market capitalization of $5.78 billion, a price-to-earnings ratio of -284.96 and a beta of 1.80. AXT Inc has a 1-year low of $1.80 and a 1-year high of $143.16. The business has a 50 day moving average price of $91.50 and a two-hundred day moving average price of $49.52.

AXT (NASDAQ:AXTI – Get Free Report) last released its earnings results on Thursday, April 30th. The semiconductor company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.03. The firm had revenue of $26.92 million during the quarter, compared to the consensus estimate of $26.22 million. AXT had a negative return on equity of 5.71% and a negative net margin of 14.69%.AXT has set its Q2 2026 guidance at 0.060-0.080 EPS. Equities analysts expect that AXT Inc will post 0.2 EPS for the current fiscal year.

AXT News Roundup

Here are the key news stories impacting AXT this week:

Positive Sentiment: Investor enthusiasm around AI infrastructure has lifted AXT, with traders viewing its indium phosphide products as a key beneficiary of data-center optical connectivity demand. AXT Inc. (AXTI) Gets 8.8% Jump from AI Optimism
Positive Sentiment: Quiver Quant highlighted renewed momentum in AXT’s AI-driven growth narrative and noted elevated short interest, which can amplify gains if short sellers are forced to cover. AXT shares jump as AI-driven indium phosphide growth narrative and short-squeeze dynamics resurface
Positive Sentiment: Analysts and commentary pointed to AXT’s backlog topping $100 million, suggesting demand remains solid even as export approvals remain a key near-term gatekeeper. AXT’s $100M Backlog Sounds Bullish, But Can Export Risks Derail Growth?
Neutral Sentiment: AXT shareholders approved governance changes and a higher authorized share count, giving the company more flexibility to fund expansion, though it also leaves open the possibility of future dilution. AXT Shareholders Approve Governance Changes and Share Increase
Negative Sentiment: Recent insider selling by director Jesse Chen may pressure sentiment, especially since multiple sales have been disclosed over the past several days. AXT Insider Makes Major Move With High-Value Stock Sale

Institutional Investors Weigh In On AXT

A number of large investors have recently bought and sold shares of AXTI. CloudAlpha Capital Management Limited Hong Kong bought a new stake in AXT in the fourth quarter worth $22,738,000. Alyeska Investment Group L.P. bought a new stake in AXT in the fourth quarter worth $20,187,000. Assenagon Asset Management S.A. boosted its holdings in AXT by 161.9% in the first quarter. Assenagon Asset Management S.A. now owns 1,505,354 shares of the semiconductor company’s stock worth $85,775,000 after purchasing an additional 930,526 shares in the last quarter. Jane Street Group LLC boosted its holdings in AXT by 1,314.6% in the fourth quarter. Jane Street Group LLC now owns 904,599 shares of the semiconductor company’s stock worth $14,790,000 after purchasing an additional 840,650 shares in the last quarter. Finally, Ariose Capital Management Ltd bought a new stake in AXT in the first quarter worth $39,061,000. 49.52% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

AXTI has been the topic of several recent analyst reports. Weiss Ratings raised shares of AXT from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 27th. Wedbush boosted their target price on shares of AXT from $8.50 to $28.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. UBS Group set a $35.00 target price on shares of AXT in a research note on Tuesday, February 17th. Wall Street Zen raised shares of AXT from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Finally, B. Riley Financial boosted 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. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, AXT currently has an average rating of “Hold” and a consensus price target of $43.80.

View Our Latest Analysis on AXT

AXT Company Profile

(Get Free Report)

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.