AXT (NASDAQ:AXTI) Director Jesse Chen Sells 9,000 Shares

Posted by Stuart Ham on Jun 11th, 2026

AXT Inc (NASDAQ:AXTI – Get Free Report) Director Jesse Chen sold 9,000 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $86.73, for a total transaction of $780,570.00. Following the sale, the director owned 78,447 shares in the company, valued at $6,803,708.31. This represents a 10.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

On Tuesday, June 9th, Jesse Chen sold 1,500 shares of AXT stock. The shares were sold at an average price of $93.30, for a total transaction of $139,950.00.
On Monday, June 8th, Jesse Chen sold 6,000 shares of AXT stock. The shares were sold at an average price of $94.00, for a total transaction of $564,000.00.
On Thursday, June 4th, Jesse Chen sold 6,133 shares of AXT stock. The shares were sold at an average price of $108.28, for a total transaction of $664,081.24.
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 transaction of $445,440.00.
On Friday, March 13th, Jesse Chen sold 8,083 shares of AXT stock. The shares were sold at an average price of $50.25, for a total transaction of $406,170.75.
On Thursday, March 12th, Jesse Chen sold 6,003 shares of AXT stock. The shares were sold at an average price of $48.95, for a total transaction of $293,846.85.

AXT Trading Up 8.8%

Shares of NASDAQ AXTI opened at $85.29 on Thursday. AXT Inc has a 12-month low of $1.80 and a 12-month high of $143.16. The stock has a market capitalization of $5.58 billion, a price-to-earnings ratio of -275.12 and a beta of 1.80. The firm’s 50-day moving average price is $90.87 and its 200-day moving average price is $48.97.

AXT (NASDAQ:AXTI – Get Free Report) last posted its quarterly earnings data 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. 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. On average, equities analysts predict that AXT Inc will post 0.2 EPS for the current fiscal year.

Institutional Trading of AXT

Several large investors have recently bought and sold shares of AXTI. American Capital Advisory LLC purchased a new stake in AXT during the 1st quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in AXT during the 1st quarter valued at about $31,000. XTX Topco Ltd purchased a new stake in AXT during the 2nd quarter valued at about $42,000. Jefferies Financial Group Inc. purchased a new stake in AXT during the 3rd quarter valued at about $52,000. Finally, Leonteq Securities AG purchased a new stake in AXT during the 1st quarter valued at about $57,000. Hedge funds and other institutional investors own 49.52% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on AXTI shares. Weiss Ratings upgraded shares of AXT from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, May 27th. Wedbush upped their price objective on shares of 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 target price on shares of AXT in a research note on Wednesday, June 3rd. B. Riley Financial boosted 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, UBS Group set a $35.00 target price on shares of AXT in a research note on Tuesday, February 17th. 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 stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $43.80.

Read Our Latest Analysis on AXT

Key Stories Impacting AXT

Here are the key news stories impacting AXT this week:

Positive Sentiment: Investor optimism around AI infrastructure demand has boosted AXT as traders view the company’s indium phosphide substrates as a beneficiary of the AI buildout. AXT Inc. (AXTI) Gets 8.8% Jump from AI Optimism
Positive Sentiment: Quiver Quant said AXT’s move was driven by the AI-driven indium phosphide growth story and short-squeeze dynamics, which can add momentum when buyers start covering positions. AXT shares jump as AI-driven indium phosphide growth narrative and short-squeeze dynamics resurface
Positive Sentiment: Analysts and market commentary highlighted AXT’s more than $100 million backlog, suggesting demand remains strong even though execution depends on export approvals. AXT’s $100M Backlog Sounds Bullish, But Can Export Risks Derail Growth?
Neutral Sentiment: The company’s annual meeting approved governance changes and an increase in authorized shares, which gives AXT more flexibility for future capital raising and expansion, but also leaves open the possibility of dilution. AXT Shareholders Approve Governance Changes and Share Increase
Negative Sentiment: Recent insider selling by director Jesse Chen may weigh on sentiment, even though insider sales do not necessarily reflect near-term business fundamentals. AXT Insider Makes Major Move With High-Value Stock Sale

AXT Company Profile

(Get Free Report)

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.