Insider Selling: AXT (NASDAQ:AXTI) Director Sells $770,600.00 in Stock

AXT Inc (NASDAQ:AXTI) Director David Chang sold 20,000 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $38.53, for a total transaction of $770,600.00. Following the transaction, the director owned 112,744 shares in the company, valued at $4,344,026.32. The trade was a 15.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

AXT Trading Down 16.6%

NASDAQ:AXTI opened at $32.37 on Friday. AXT Inc has a 12 month low of $1.13 and a 12 month high of $47.03. The stock has a market capitalization of $1.79 billion, a price-to-earnings ratio of -67.44 and a beta of 1.75. The firm has a fifty day simple moving average of $24.46 and a two-hundred day simple moving average of $13.48.

AXT (NASDAQ:AXTI) last announced its quarterly earnings data on Thursday, February 19th. The semiconductor company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.01). The company had revenue of $23.04 million for the quarter, compared to analyst estimates of $24.24 million. AXT had a negative net margin of 24.07% and a negative return on equity of 10.59%. Equities analysts predict that AXT Inc will post -0.12 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AXTI. Assenagon Asset Management S.A. boosted its holdings in AXT by 12.4% during the third quarter. Assenagon Asset Management S.A. now owns 22,952 shares of the semiconductor company’s stock worth $103,000 after purchasing an additional 2,540 shares during the last quarter. Jefferies Financial Group Inc. increased its stake in AXT by 30.1% in the 4th quarter. Jefferies Financial Group Inc. now owns 14,967 shares of the semiconductor company’s stock valued at $245,000 after buying an additional 3,467 shares during the last quarter. State of Wyoming bought a new position in shares of AXT during the 4th quarter worth approximately $69,000. Kestra Advisory Services LLC bought a new position in shares of AXT during the 4th quarter worth approximately $98,000. Finally, Algert Global LLC boosted its stake in shares of AXT by 31.9% in the 3rd quarter. Algert Global LLC now owns 28,800 shares of the semiconductor company’s stock worth $129,000 after buying an additional 6,970 shares during the last quarter. 49.52% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on AXTI. Needham & Company LLC lowered AXT from a “buy” rating to a “hold” rating in a report on Tuesday, January 20th. Northland Securities set a $20.00 price objective on AXT in a report on Monday, December 22nd. UBS Group set a $35.00 target price on AXT in a research report on Tuesday, February 17th. B. Riley Financial increased their target price on AXT to $21.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Finally, Wedbush lifted their price target on shares of AXT from $8.50 to $28.00 and gave the company an “outperform” 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 company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $22.80.

AXT News Summary

Here are the key news stories impacting AXT this week:

• Positive Sentiment: Major institutional investors built sizable Q4 positions (e.g., Davidson Kempner, Point72, Jane Street, CloudAlpha, Alyeska), which provides underlying demand and longer‑term support for the stock.
• Positive Sentiment: Street commentary highlights AXT’s exposure to compound‑semiconductor substrates (GaAs/InP/GaN), a secular area in RF/wireless and optoelectronics that can attract growth‑oriented sector buyers. Read More.
• Neutral Sentiment: Analyst coverage is mixed (buy/hold/sell split) and the consensus price target sits below recent trading, so analyst notes are unlikely to be an immediate directional catalyst. Read More.
• Neutral Sentiment: Public short‑interest data appears inconsistent/zero in feeds, so there’s no clear short‑squeeze explanation for today’s move; technical momentum has been strong but may be decelerating. Read More.
• Negative Sentiment: Significant insider selling this week: CEO Morris Young sold ~159,536 shares (~$6.9M at reported averages) and directors Jesse Chen and David C. Chang sold large blocks across multiple days — a strong near‑term negative that likely increased selling pressure. Read More. • Read More.
• Negative Sentiment: Q4 FY2025 results missed revenue and EPS expectations (revenue ≈ $23.0M; EPS miss), and the company remains unprofitable with negative margins — fundamentals that justify caution until revenue/profitability trends improve. Read More.
• Negative Sentiment: Net insider activity in recent weeks is heavily skewed to selling with few reported buys, a governance/sentiment headwind that likely exacerbated short‑term outflows and contributed to today’s decline. Read More.

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.