Dymon Asia Capital Singapore PTE. LTD. Invests $1.96 Million in AXT Inc $AXTI

Dymon Asia Capital Singapore PTE. LTD. acquired a new position in AXT Inc (NASDAQ:AXTI) during the 4th quarter, Holdings Channel reports. The firm acquired 119,623 shares of the semiconductor company’s stock, valued at approximately $1,956,000.

Several other institutional investors have also recently made changes to their positions in AXTI. Acadian Asset Management LLC lifted its stake in shares of AXT by 2.8% in the 1st quarter. Acadian Asset Management LLC now owns 293,818 shares of the semiconductor company’s stock worth $412,000 after purchasing an additional 8,039 shares during the period. Creative Planning bought a new position in shares of AXT in the 2nd quarter worth approximately $86,000. XTX Topco Ltd bought a new position in shares of AXT in the 2nd quarter worth approximately $42,000. Dimensional Fund Advisors LP bought a new position in shares of AXT in the 3rd quarter worth approximately $145,000. Finally, Jefferies Financial Group Inc. bought a new position in shares of AXT in the 3rd quarter worth approximately $52,000. Institutional investors own 49.52% of the company’s stock.

Wall Street Analyst Weigh In

AXTI has been the topic of several recent research reports. Weiss Ratings upgraded shares of AXT from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 27th. Wall Street Zen upgraded shares of AXT from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Wedbush raised their target price on shares of AXT from $8.50 to $28.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. UBS Group set a $35.00 target price on shares of AXT in a research note on Tuesday, February 17th. Finally, B. Riley Financial raised 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. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $43.80.

AXT Trading Up 10.0%

NASDAQ AXTI opened at $97.18 on Friday. AXT Inc has a 12 month low of $1.80 and a 12 month high of $143.16. The stock has a market cap of $6.36 billion, a price-to-earnings ratio of -313.47 and a beta of 1.80. The company’s 50 day moving average is $92.50 and its two-hundred day moving average is $49.86.

AXT (NASDAQ:AXTI) last released its earnings results on Thursday, April 30th. The semiconductor company reported ($0.01) EPS 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 analysts’ expectations of $26.22 million. AXT has set its Q2 2026 guidance at 0.060-0.080 EPS. Sell-side analysts forecast that AXT Inc will post 0.2 EPS for the current year.

Insider Buying and Selling

In other news, CEO Morris S. Young sold 123,601 shares of AXT stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $113.33, for a total transaction of $14,007,701.33. Following the sale, the chief executive officer owned 2,149,533 shares in the company, valued at $243,606,574.89. This trade represents a 5.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jesse Chen sold 9,000 shares of AXT stock in a transaction that occurred on 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 approximately $6,803,708.31. The trade was a 10.29% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 224,131 shares of company stock worth $24,907,026. 5.97% of the stock is owned by company insiders.

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.