Dupree Financial Group LLC Makes New $785,000 Investment in AXT Inc $AXTI

Dupree Financial Group LLC acquired a new position in shares of AXT Inc (NASDAQ:AXTI) in the 1st quarter, Holdings Channel reports. The fund acquired 13,778 shares of the semiconductor company’s stock, valued at approximately $785,000.

Several other large investors have also modified their holdings of the stock. SG Americas Securities LLC purchased a new position in shares of AXT in the 1st quarter valued at $108,000. State of Wyoming purchased a new stake in AXT in the fourth quarter valued at $69,000. Kestra Advisory Services LLC acquired a new position in AXT in the fourth quarter valued at $98,000. Pictet Asset Management Holding SA acquired a new position in AXT in the first quarter valued at $484,000. Finally, Oasis Management Co Ltd. purchased a new position in shares of AXT during the fourth quarter worth about $164,000. Institutional investors and hedge funds own 49.52% of the company’s stock.

Insider Buying and Selling

In other AXT news, CEO Morris S. Young sold 123,601 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $113.33, for a total transaction of $14,007,701.33. Following the completion of the sale, the chief executive officer directly owned 2,149,533 shares of the company’s stock, valued at $243,606,574.89. This represents a 5.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jesse Chen sold 13,000 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $95.77, for a total value of $1,245,010.00. Following the sale, the director directly owned 56,447 shares of the company’s stock, valued at approximately $5,405,929.19. This represents a 18.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 251,636 shares of company stock valued at $27,789,677 over the last quarter. 5.97% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Weiss Ratings upgraded AXT from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, May 27th. Northland Securities set a $125.00 target price on AXT in a research report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, AXT presently has a consensus rating of “Hold” and a consensus target price of $43.80.

AXT Price Performance

Shares of NASDAQ:AXTI opened at $70.15 on Monday. AXT Inc has a 1-year low of $1.85 and a 1-year high of $143.16. The stock has a market cap of $4.59 billion, a P/E ratio of -226.28 and a beta of 1.80. The firm has a fifty day moving average price of $97.98 and a 200 day moving average price of $55.31.

AXT (NASDAQ:AXTI) last posted its quarterly earnings data on Thursday, April 30th. The semiconductor company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.03. AXT had a negative net margin of 14.69% and a negative return on equity of 5.71%. The company had revenue of $26.92 million for the quarter, compared to analyst estimates of $26.22 million. AXT has set its Q2 2026 guidance at 0.060-0.080 EPS. Sell-side analysts expect that AXT Inc will post 0.19 EPS for the current fiscal year.

AXT 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.