GTS Securities LLC Acquires New Shares in AXT Inc $AXTI

GTS Securities LLC acquired a new stake in shares of AXT Inc (NASDAQ:AXTI) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 13,742 shares of the semiconductor company’s stock, valued at approximately $991,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of AXTI. American Capital Advisory LLC bought a new position in AXT in the first quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of AXT during the first quarter valued at about $31,000. XTX Topco Ltd bought a new stake in shares of AXT during the second quarter worth about $42,000. Jefferies Financial Group Inc. bought a new stake in shares of AXT during the third quarter worth about $52,000. Finally, Global Retirement Partners LLC acquired a new position in shares of AXT in the second quarter valued at approximately $55,000. Institutional investors own 49.52% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Weiss Ratings upgraded shares of AXT from a “sell (d-)” rating to a “sell (d+)” rating in a report on Friday, August 14th. UBS Group set a $90.00 target price on shares of AXT in a report on Friday, July 31st. Zacks Research upgraded shares of AXT from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 11th. Needham & Company LLC raised shares of AXT from a “hold” rating to a “buy” rating and set a $90.00 price target for the company in a research note on Friday, July 31st. Finally, B. Riley Financial cut their price target on shares of AXT from $73.00 to $52.00 and set a “neutral” rating on the stock in a report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, AXT presently has an average rating of “Moderate Buy” and a consensus price target of $77.00.

AXT Trading Down 12.4%

Shares of AXTI stock opened at $58.63 on Friday. The stock has a market cap of $3.84 billion, a price-to-earnings ratio of 2,931.50 and a beta of 1.90. The stock has a 50-day moving average of $64.40 and a 200-day moving average of $69.20. AXT Inc has a 1-year low of $2.75 and a 1-year high of $143.16.

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

Insider Buying and Selling at AXT

In other news, Director David C. Chang sold 8,333 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $111.17, for a total value of $926,379.61. Following the sale, the director directly owned 65,165 shares of the company’s stock, valued at approximately $7,244,393.05. This represents a 11.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Jesse Chen sold 6,172 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $115.24, for a total transaction of $711,261.28. Following the completion of the sale, the director directly owned 50,275 shares in the company, valued at approximately $5,793,691. This represents a 10.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 258,136 shares of company stock valued at $28,395,372. 5.97% of the stock is currently owned by company insiders.

AXT 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.