Insider Selling: AXT (NASDAQ:AXTI) Director Sells $780,570.00 in Stock

AXT Inc (NASDAQ:AXTI) Director Jesse Chen sold 9,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $86.73, for a total value of $780,570.00. Following the sale, the director directly owned 78,447 shares in the company, valued at approximately $6,803,708.31. The trade was a 10.29% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Tuesday, June 9th, Jesse Chen sold 1,500 shares of AXT stock. The shares were sold at an average price of $93.30, for a total value of $139,950.00.
• On Monday, June 8th, Jesse Chen sold 6,000 shares of AXT stock. The shares were 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 shares were 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 shares were 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 shares were 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 shares were sold at an average price of $48.95, for a total value of $293,846.85.

AXT Stock Performance

NASDAQ AXTI opened at $97.18 on Friday. The stock has a market capitalization of $6.36 billion, a P/E ratio of -313.47 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’s fifty day moving average is $92.50 and its two-hundred day moving average is $49.86.

AXT (NASDAQ:AXTI) last posted its quarterly earnings results on Thursday, April 30th. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.03. The company had revenue of $26.92 million for the quarter, compared to analysts’ expectations 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. On average, research analysts forecast that AXT Inc will post 0.2 earnings per share for the current year.

Institutional Trading of AXT

Several large investors have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC raised its stake in AXT by 6.8% during the 1st quarter. Kestra Advisory Services LLC now owns 6,408 shares of the semiconductor company’s stock valued at $365,000 after purchasing an additional 408 shares during the period. American Capital Advisory LLC acquired a new stake in AXT during the 1st quarter valued at $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in AXT during the 1st quarter valued at $31,000. Leonteq Securities AG acquired a new stake in AXT during the 1st quarter valued at $57,000. Finally, KBC Group NV acquired a new stake in AXT during the 1st quarter valued at $88,000. 49.52% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Wedbush upped 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. Wall Street Zen raised AXT from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. 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. Weiss Ratings raised shares of AXT from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 27th. Finally, UBS Group set a $35.00 target price on shares of AXT in a research note on Tuesday, February 17th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $43.80.

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.