AXT (NASDAQ:AXTI) Director Jesse Chen Sells 14,000 Shares

AXT Inc (NASDAQ:AXTI) Director Jesse Chen sold 14,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $46.15, for a total transaction of $646,100.00. Following the transaction, the director owned 138,612 shares of the company’s stock, valued at approximately $6,396,943.80. This represents a 9.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Wednesday, March 11th, Jesse Chen sold 15,000 shares of AXT stock. The stock was sold at an average price of $47.13, for a total transaction of $706,950.00.
• 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 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 stock was 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 value of $516,078.80.

AXT Stock Performance

NASDAQ:AXTI traded up $0.82 on Thursday, reaching $48.18. The company’s stock had a trading volume of 10,362,045 shares, compared to its average volume of 8,462,578. AXT Inc has a 1-year low of $1.13 and a 1-year high of $50.97. The business’s 50-day moving average price is $26.13 and its two-hundred day moving average price is $14.33. The firm has a market cap of $2.66 billion, a PE ratio of -100.37 and a beta of 1.75.

AXT (NASDAQ:AXTI) last released its quarterly earnings results 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 return on equity of 10.59% and a negative net margin of 24.07%.The business had revenue of $23.04 million for the quarter, compared to analyst estimates of $24.24 million. As a group, sell-side analysts expect that AXT Inc will post -0.12 EPS for the current year.

Trending Headlines about AXT

Here are the key news stories impacting AXT this week:

• Positive Sentiment: Investor interest in an AI/infrastructure growth narrative lifted sentiment for AXT, with commentary arguing that demand for InP and other compound substrates could justify higher multiples over time. Assessing AXT (AXTI) Valuation
• Positive Sentiment: Momentum/bargain‑hunting: the shares have rebounded sharply after recent losses as momentum traders and value buyers stepped in, helping push the stock higher over the past sessions. AXT Climbs 14.9%
• Neutral Sentiment: Unusual options activity has been reported (high volume noted in recent filings/alerts); this can amplify intraday moves but does not by itself indicate direction. AXT Sees Unusually High Options Volume
• Neutral Sentiment: Short‑interest data in recent releases appears anomalous/zero and offers no clear evidence of short‑covering driving the rally (likely a reporting quirk rather than a material flow).
• Negative Sentiment: Large insider selling: CEO Morris S. Young sold 125,893 shares (~$4.6M) on Mar 9; sizable insider disposals can weigh on sentiment and raise questions about timing of allocations. CEO Sale SEC Filing
• Negative Sentiment: Director selling: Director Jesse Chen sold multiple tranches in early March (totaling tens of thousands of shares), which adds to the insider‑selling narrative. Director Jesse Chen Sale
• Negative Sentiment: Put buying spike: traders purchased an unusually large number of put contracts (reported ~9,810 puts on Mar 11), signaling short‑term bearish/speculative hedging that could pressure the stock if volatility persists.
• Negative Sentiment: Mixed Q4 results: the company missed revenue and EPS expectations (Q4 revenue ~$23.0M; EPS miss), and margins remain under pressure — a reminder that near‑term fundamentals need to improve to sustain the rally. AXT Q4 Results

Hedge Funds Weigh In On AXT

Several hedge funds have recently made changes to their positions in the business. Acadian Asset Management LLC raised its holdings in shares of AXT by 2.8% in the first quarter. Acadian Asset Management LLC now owns 293,818 shares of the semiconductor company’s stock valued at $412,000 after purchasing an additional 8,039 shares during the last quarter. Creative Planning acquired a new position in AXT during the second quarter worth $86,000. White Pine Capital LLC boosted its holdings in AXT by 2.8% during the second quarter. White Pine Capital LLC now owns 860,411 shares of the semiconductor company’s stock worth $1,798,000 after purchasing an additional 23,467 shares during the last quarter. XTX Topco Ltd bought a new position in AXT in the second quarter valued at $42,000. Finally, Assenagon Asset Management S.A. grew its position in AXT by 12.4% in the third quarter. Assenagon Asset Management S.A. now owns 22,952 shares of the semiconductor company’s stock valued at $103,000 after purchasing an additional 2,540 shares in the last quarter. 49.52% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on AXTI shares. Needham & Company LLC cut shares of AXT from a “buy” rating to a “hold” rating in a report on Tuesday, January 20th. UBS Group set a $35.00 price objective on shares of AXT in a report on Tuesday, February 17th. Wall Street Zen raised shares of AXT from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. B. Riley Financial upped their target price on shares of AXT to $21.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Finally, Craig Hallum reiterated a “buy” rating on shares of AXT in a report on Friday, January 9th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $22.80.

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.