Jesse Chen Sells 15,000 Shares of AXT (NASDAQ:AXTI) Stock

Posted by Patrick Bannon on Mar 14th, 2026

AXT Inc (NASDAQ:AXTI – Get Free Report) Director Jesse Chen sold 15,000 shares of the stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $47.13, for a total value of $706,950.00. Following the completion of the transaction, the director directly owned 123,612 shares of the company’s stock, valued at approximately $5,825,833.56. The trade was a 10.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

On Tuesday, March 10th, Jesse Chen sold 14,000 shares of AXT stock. The shares were sold at an average price of $46.15, for a total transaction of $646,100.00.
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 Friday, March 6th, Jesse Chen sold 2,000 shares of AXT stock. The shares were sold at an average price of $36.63, for a total transaction of $73,260.00.
On Thursday, March 5th, Jesse Chen sold 11,147 shares of AXT stock. The shares were sold at an average price of $38.26, for a total transaction of $426,484.22.
On Wednesday, March 4th, Jesse Chen sold 8,800 shares of AXT stock. The shares were sold at an average price of $38.83, for a total transaction 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 Price Performance

AXT stock opened at $48.86 on Friday. The firm has a 50 day simple moving average of $27.38 and a 200-day simple moving average of $14.88. The stock has a market capitalization of $2.70 billion, a PE ratio of -101.79 and a beta of 1.75. AXT Inc has a 12-month low of $1.13 and a 12-month high of $51.98.

AXT (NASDAQ:AXTI – Get Free Report) last posted its quarterly earnings data on Thursday, February 19th. The semiconductor company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01). AXT had a negative net margin of 24.07% and a negative return on equity of 10.59%. The company had revenue of $23.04 million for the quarter, compared to analyst estimates of $24.24 million. On average, analysts forecast that AXT Inc will post -0.12 earnings per share for the current fiscal year.

Hedge Funds Weigh In On AXT

Several institutional investors and hedge funds have recently bought and sold shares of AXTI. CloudAlpha Capital Management Limited Hong Kong purchased a new position in AXT during the 4th quarter valued at about $22,738,000. Alyeska Investment Group L.P. purchased a new stake in shares of AXT in the fourth quarter worth approximately $20,187,000. Jane Street Group LLC lifted its position in shares of 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. Maytree Asset Management Ltd acquired a new stake in shares of AXT during the fourth quarter worth approximately $11,156,000. Finally, Assenagon Asset Management S.A. boosted its holdings in shares of AXT by 2,404.5% during the fourth quarter. Assenagon Asset Management S.A. now owns 574,828 shares of the semiconductor company’s stock worth $9,398,000 after purchasing an additional 551,876 shares during the period. Hedge funds and other institutional investors own 49.52% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on AXTI shares. Northland Securities set a $20.00 price objective on AXT in a research note on Monday, December 22nd. Craig Hallum reaffirmed a “buy” rating on shares of AXT in a research note on Friday, January 9th. UBS Group set a $35.00 target price on AXT in a report on Tuesday, February 17th. B. Riley Financial boosted their price target on shares of AXT to $21.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Finally, Wall Street Zen raised shares of AXT from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $22.80.

View Our Latest Stock Report on AXT

AXT News Roundup

Here are the key news stories impacting AXT this week:

Positive Sentiment: Shares jumped roughly 14.9% on heavy volume, signaling short‑term buying momentum and renewed investor interest that can attract momentum traders. Read More.
Neutral Sentiment: Unusually high options volume was reported, indicating speculative positioning that can amplify intraday moves and volatility—useful for traders but risky for longer‑term investors. Read More.
Neutral Sentiment: Coverage highlights AXT’s indium‑phosphide capabilities and potential to benefit from AI/optics demand — a strategic narrative that could support higher valuation if revenue follows, but it’s not yet a confirmed revenue catalyst. Read More.
Neutral Sentiment: Reported short‑interest figures show zero shares (likely a reporting anomaly). Treat published “0” short interest with caution until exchanges/clearing update official data—don’t infer a true absence of shorts from that number.
Negative Sentiment: Significant insider selling by senior management and directors: CEO Morris S. Young sold 30,832 shares (~$45.60 avg) and directors including David C. Chang and Jesse Chen sold large blocks on March 10–11 (multiple filings). The concentrated, multi‑executive sell‑off (seven+ filings) is material and can pressure sentiment despite the rally. Coverage and SEC filings: Read More. SEC filing examples: Read More., Read More..

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.