AXT (NASDAQ:AXTI) Director Jesse Chen Sells 4,000 Shares of Stock

AXT Inc (NASDAQ:AXTI) Director Jesse Chen sold 4,000 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $111.36, for a total value of $445,440.00. Following the sale, the director directly owned 100,326 shares of the company’s stock, valued at $11,172,303.36. This represents a 3.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

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

• On Thursday, June 4th, Jesse Chen sold 6,133 shares of AXT stock. The stock was sold at an average price of $108.28, for a total value of $664,081.24.
• On Friday, March 13th, Jesse Chen sold 8,083 shares of AXT stock. The stock was sold at an average price of $50.25, for a total value of $406,170.75.
• On Thursday, March 12th, Jesse Chen sold 6,003 shares of AXT stock. The stock was sold at an average price of $48.95, for a total value of $293,846.85.
• 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 value of $706,950.00.
• On Tuesday, March 10th, Jesse Chen sold 14,000 shares of AXT stock. The stock was sold at an average price of $46.15, for a total value 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 value of $469,315.88.

AXT Trading Down 16.0%

AXT stock opened at $89.04 on Friday. The firm has a market capitalization of $5.82 billion, a P/E ratio of -287.22 and a beta of 1.80. AXT Inc has a 1 year low of $1.72 and a 1 year high of $143.16. The business has a 50-day moving average of $89.22 and a 200-day moving average of $47.12.

AXT (NASDAQ:AXTI) last posted its earnings results on Thursday, April 30th. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.03. The company had revenue of $26.92 million during the quarter, compared to analyst estimates of $26.22 million. AXT had a negative return on equity of 5.71% and a negative net margin of 14.69%.AXT has set its Q2 2026 guidance at 0.060-0.080 EPS. Research analysts anticipate that AXT Inc will post 0.2 EPS for the current fiscal year.

More AXT News

Here are the key news stories impacting AXT this week:

• Negative Sentiment: CEO Morris Young and Director Jesse Chen disclosed multiple stock sales over the past few days, including large transactions that trimmed their ownership stakes. Heavy insider selling can weigh on sentiment because it may signal that management views the shares as fully valued or prefers to reduce exposure at current levels. SEC filing for Jesse Chen sale
• Negative Sentiment: Traders bought 42,750 put options, about 58% above normal daily volume, suggesting a notable increase in bearish bets or hedging activity on AXT shares.
• Neutral Sentiment: Recent commentary highlighted AXT’s order backlog topping $100 million and management’s plan to double capacity in 2026 and again in 2027, reflecting strong AI-related demand for indium phosphide substrates. Article: AXT’s Order Backlog Surge & Capacity Push Fuel Growth Expectations
• Neutral Sentiment: The company’s latest earnings beat expectations modestly and Q2 guidance called for adjusted EPS of $0.06 to $0.08, but the business remains unprofitable on a net basis, which keeps the stock sensitive to execution and margin concerns.

Hedge Funds Weigh In On AXT

Institutional investors and hedge funds have recently modified their holdings of the business. American Capital Advisory LLC acquired a new position in shares of AXT in the 1st quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of AXT in the 1st quarter valued at approximately $31,000. XTX Topco Ltd acquired a new position in shares of AXT in the 2nd quarter valued at approximately $42,000. Jefferies Financial Group Inc. acquired a new position in shares of AXT in the 3rd quarter valued at approximately $52,000. Finally, Leonteq Securities AG acquired a new position in shares of AXT in the 1st quarter valued at approximately $57,000. 49.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AXTI has been the subject of several analyst reports. Wedbush boosted their target price on AXT from $8.50 to $28.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Northland Securities set a $125.00 price objective on AXT in a research report on Wednesday. Weiss Ratings upgraded AXT from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, May 27th. Wall Street Zen upgraded AXT from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Finally, B. Riley Financial boosted their price objective on AXT to $21.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, AXT has a consensus rating of “Hold” and a consensus price target of $43.80.

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.