Jesse Chen Sells 11,320 Shares of AXT (NASDAQ:AXTI) Stock

AXT Inc (NASDAQ:AXTI) Director Jesse Chen sold 11,320 shares of AXT stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $45.59, for a total transaction of $516,078.80. Following the completion of the sale, the director directly owned 198,018 shares in the company, valued at $9,027,640.62. This represents a 5.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• 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.

AXT Stock Down 6.3%

Shares of NASDAQ AXTI opened at $39.13 on Thursday. The firm has a market cap of $2.16 billion, a price-to-earnings ratio of -81.52 and a beta of 1.75. The company’s 50-day simple moving average is $23.64 and its 200-day simple moving average is $13.01. AXT Inc has a 52-week low of $1.13 and a 52-week high of $47.03.

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

Key Headlines Impacting AXT

Here are the key news stories impacting AXT this week:

• Positive Sentiment: Large institutional investors added meaningful positions in Q4 2025 (e.g., Davidson Kempner, Hood River, Point72), which creates underlying demand and longer‑term support for the stock. Quiver Quantitative
• Positive Sentiment: Brainhole Technology disclosed a reinvestment that includes AXT shares, representing an external investor allocating proceeds into AXTI — a potential vote of confidence/near‑term buying interest. TipRanks
• Neutral Sentiment: Reported short‑interest figures in feeds are inconsistent/zero (displaying 0/NaN), so there’s no clear short‑interest signal to explain price moves or a short‑squeeze narrative today.
• Neutral Sentiment: Technical momentum has been very strong over months (large YTD gains and recent highs), but some market commentary notes decelerating upside — a mixed technical picture for near‑term direction.
• Negative Sentiment: CEO Morris S. Young sold 159,536 shares on Mar 2 (~$6.9M at the reported average), a sizeable insider disposition that likely weighed on sentiment; SEC filing: SEC Filing
• Negative Sentiment: Director Jesse Chen executed two recent sales (11,320 shares on Mar 2 and 11,007 shares on Mar 3), reducing his holdings and contributing to intraday selling pressure; trade report: InsiderTrades
• Negative Sentiment: Aggregate insider activity shows heavy net selling (multiple insiders selling and few/no purchases reported over recent months), which is a negative governance/sentiment signal for traders and likely exacerbated short‑term outflows. Quiver Quantitative

Analyst Upgrades and Downgrades

AXTI has been the subject of several recent research reports. B. Riley Financial increased their price objective on AXT to $21.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Craig Hallum reaffirmed a “buy” rating on shares of AXT in a report on Friday, January 9th. Northland Securities set a $20.00 price target on shares of AXT in a research note on Monday, December 22nd. Needham & Company LLC lowered shares of AXT from a “buy” rating to a “hold” rating in a research report on Tuesday, January 20th. Finally, Wedbush upped their price objective 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. Two 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 presently has a consensus rating of “Hold” and an average target price of $22.80.

Institutional Investors Weigh In On AXT

A number of institutional investors have recently made changes to their positions in AXTI. State of Wyoming purchased a new position in shares of AXT during the 4th quarter worth approximately $69,000. Kestra Advisory Services LLC purchased a new stake in AXT in the fourth quarter valued at approximately $98,000. Oasis Management Co Ltd. acquired a new position in AXT during the fourth quarter worth $164,000. Osaic Holdings Inc. boosted its position in shares of AXT by 1,071.5% during the fourth quarter. Osaic Holdings Inc. now owns 11,012 shares of the semiconductor company’s stock worth $180,000 after buying an additional 10,072 shares during the period. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of AXT in the third quarter valued at $52,000. 49.52% of the stock is currently owned by institutional investors and hedge funds.

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.