Jesse Chen Sells 6,133 Shares of AXT (NASDAQ:AXTI) Stock

AXT Inc (NASDAQ:AXTI) Director Jesse Chen sold 6,133 shares of AXT stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $108.28, for a total value of $664,081.24. Following the transaction, the director directly owned 94,193 shares of the company’s stock, valued at $10,199,218.04. The trade was a 6.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Wednesday, June 3rd, Jesse Chen sold 4,000 shares of AXT stock. The shares were sold at an average price of $111.36, for a total value of $445,440.00.
• 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 Price Performance

NASDAQ:AXTI opened at $89.04 on Friday. The business has a 50 day moving average of $89.22 and a 200 day moving average of $47.12. The company has a market capitalization of $5.82 billion, a price-to-earnings 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.

AXT (NASDAQ:AXTI) last released its earnings results on Thursday, April 30th. The semiconductor company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.03. The company had revenue of $26.92 million during the quarter, compared to the consensus estimate 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. As a group, sell-side analysts anticipate that AXT Inc will post 0.2 EPS for the current year.

Analyst Upgrades and Downgrades

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

AXT News Roundup

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

Several hedge funds have recently made changes to their positions in AXTI. CloudAlpha Capital Management Limited Hong Kong purchased a new stake in AXT in the fourth quarter worth $22,738,000. Maytree Asset Management Ltd purchased a new stake in shares of AXT in the fourth quarter worth $11,156,000. Destination Wealth Management bought a new position in shares of AXT during the third quarter valued at $458,000. Penn Capital Management Company LLC bought a new position in shares of AXT during the third quarter valued at $729,000. Finally, Allworth Financial LP lifted its holdings in shares of AXT by 3,764.7% during the fourth quarter. Allworth Financial LP now owns 11,594 shares of the semiconductor company’s stock valued at $190,000 after purchasing an additional 11,294 shares in the last quarter. 49.52% of the stock is owned by hedge funds and other institutional investors.

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.