Jesse Chen Sells 12,452 Shares of AXT (NASDAQ:AXTI) Stock

AXT Inc (NASDAQ:AXTI) Director Jesse Chen sold 12,452 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $37.69, for a total value of $469,315.88. Following the completion of the sale, the director directly owned 152,612 shares in the company, valued at approximately $5,751,946.28. This trade represents a 7.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• 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 value of $73,260.00.
• On Thursday, March 5th, Jesse Chen sold 11,147 shares of AXT stock. The stock was sold at an average price of $38.26, for a total value of $426,484.22.
• On Wednesday, March 4th, Jesse Chen sold 8,800 shares of AXT stock. The stock was sold at an average price of $38.83, for a total value of $341,704.00.
• On Tuesday, March 3rd, Jesse Chen sold 11,007 shares of AXT stock. The shares were sold at an average price of $40.49, for a total value of $445,673.43.
• On Monday, March 2nd, Jesse Chen sold 11,320 shares of AXT stock. The shares were sold at an average price of $45.59, for a total transaction of $516,078.80.

AXT Stock Performance

AXT stock opened at $47.36 on Thursday. The company has a 50-day simple moving average of $26.13 and a 200-day simple moving average of $14.33. The firm has a market capitalization of $2.62 billion, a P/E ratio of -98.66 and a beta of 1.75. AXT Inc has a one year low of $1.13 and a one year high of $47.94.

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

Key Stories Impacting AXT

Here are the key news stories impacting AXT this week:

• Positive Sentiment: AI narrative and export-opportunity thesis: Analysts and commentators are discussing how export constraints on competitors could create an advantage for AXT’s indium phosphide (InP) substrates — reinforcing a longer‑term AI infrastructure demand story that supports upside. Can AXT Turn Export Constraints Into an AI-Focused Indium Phosphide Advantage?
• Positive Sentiment: Optimistic valuation commentary: Recent pieces highlighting an optimistic outlook tied to AI infrastructure growth have helped re-rate sentiment and attracted bargain/momentum buyers. Assessing AXT Valuation After Optimistic Outlook
• Positive Sentiment: Unusual bullish options flow and momentum: Large call‑option purchases (reported ~14,442 calls on Mar 10) and a recent two‑day rally (reported ~14.9% one session) point to short‑term bullish/speculative positioning that can amplify gains.
• Neutral Sentiment: Reported short‑interest data for early March shows anomalous/zero values in recent feeds and provides no clear signal of short covering — likely a reporting quirk rather than a driver of the move.
• Negative Sentiment: Significant insider selling: CEO Morris S. Young sold a large block (125,893 shares on Mar 9) and Director Jesse Chen has sold multiple tranches this month — sizable insider exits can raise governance/conviction concerns for investors. CEO Sale SEC Filing Director Sale SEC Filing
• Negative Sentiment: Mixed Q4/FY2025 results: Revenue declined QoQ/YoY (reported $23.0M) and GAAP gross margin softened (~20.9%), highlighting near‑term execution and demand variability that temper the AI tailwind until clearer revenue traction appears. AXT Reports Q4 & FY2025 Results
• Negative Sentiment: Rising put interest: A notable uptick in put purchases (9,810 puts, +73% vs. typical) signals some investors are hedging or positioning for downside, which can accelerate selling if sentiment shifts.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on AXTI shares. B. Riley Financial boosted their price objective on AXT to $21.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. UBS Group set a $35.00 target price on AXT in a research report on Tuesday, February 17th. Wall Street Zen raised AXT from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Northland Securities set a $20.00 price target on AXT in a research report on Monday, December 22nd. Finally, Needham & Company LLC cut AXT from a “buy” rating to a “hold” rating in a research note on Tuesday, January 20th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $22.80.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. State of Wyoming acquired a new stake in AXT in the fourth quarter worth approximately $69,000. Kestra Advisory Services LLC acquired a new position in shares of AXT during the 4th quarter valued at $98,000. Oasis Management Co Ltd. bought a new stake in shares of AXT in the 4th quarter worth $164,000. Osaic Holdings Inc. raised its stake in shares of AXT by 1,071.5% in the 4th 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 in the last quarter. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of AXT in the third quarter valued at $52,000. Institutional investors and hedge funds own 49.52% of the company’s stock.

AXT Company 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.