Jesse Chen Sells 6,003 Shares of AXT (NASDAQ:AXTI) Stock

AXT Inc (NASDAQ:AXTI) Director Jesse Chen sold 6,003 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $48.95, for a total transaction of $293,846.85. Following the sale, the director directly owned 117,609 shares in the company, valued at approximately $5,756,960.55. The trade was a 4.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• 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 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 transaction 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 shares were sold at an average price of $37.69, for a total value of $469,315.88.
• On Friday, March 6th, Jesse Chen sold 2,000 shares of AXT stock. The shares were sold at an average price of $36.63, for a total value of $73,260.00.
• On Thursday, March 5th, Jesse Chen sold 11,147 shares of AXT stock. The shares were sold at an average price of $38.26, for a total value of $426,484.22.
• On Wednesday, March 4th, Jesse Chen sold 8,800 shares of AXT stock. The stock was sold at an average price of $38.83, for a total value of $341,704.00.
• On Tuesday, March 3rd, Jesse Chen sold 11,007 shares of AXT stock. The stock was sold at an average price of $40.49, for a total value of $445,673.43.
• On Monday, March 2nd, Jesse Chen sold 11,320 shares of AXT stock. The shares were sold at an average price of $45.59, for a total value of $516,078.80.

AXT Stock Performance

Shares of AXTI opened at $44.36 on Wednesday. The stock has a 50-day simple moving average of $28.49 and a 200-day simple moving average of $15.66. The stock has a market capitalization of $2.45 billion, a PE ratio of -92.41 and a beta of 1.75. AXT Inc has a 1 year low of $1.13 and a 1 year high of $52.70.

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

Hedge Funds Weigh In On AXT

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Acadian Asset Management LLC lifted its position in shares of AXT by 2.8% during the 1st quarter. Acadian Asset Management LLC now owns 293,818 shares of the semiconductor company’s stock worth $412,000 after buying an additional 8,039 shares during the last quarter. Creative Planning purchased a new position in shares of AXT in the 2nd quarter valued at $86,000. White Pine Capital LLC grew its position in shares of AXT by 2.8% in the 2nd quarter. White Pine Capital LLC now owns 860,411 shares of the semiconductor company’s stock valued at $1,798,000 after buying an additional 23,467 shares during the last quarter. XTX Topco Ltd acquired a new stake in AXT during the 2nd quarter worth $42,000. Finally, Assenagon Asset Management S.A. lifted its position in AXT by 12.4% in the third quarter. Assenagon Asset Management S.A. now owns 22,952 shares of the semiconductor company’s stock valued at $103,000 after acquiring an additional 2,540 shares during the last quarter. 49.52% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on AXTI shares. Wedbush increased their price objective 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. UBS Group set a $35.00 price objective on shares of AXT in a research report on Tuesday, February 17th. Northland Securities set a $20.00 target price on shares of AXT in a research note on Monday, December 22nd. Needham & Company LLC lowered AXT from a “buy” rating to a “hold” rating in a report on Tuesday, January 20th. Finally, Wall Street Zen upgraded AXT from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Two investment 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’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $22.80.

Trending Headlines about AXT

Here are the key news stories impacting AXT this week:

• Positive Sentiment: Large institutional / hedge-fund buying reported in Q4 (e.g., Davidson Kempner, Point72 and others increased or initiated sizable positions), which provides demand support and validates some investor interest in AXT’s market opportunity. QuiverQuant Q4 2025 Earnings & Activity
• Positive Sentiment: Q4 2025 showed improvement in gross profit and a materially larger cash balance (cash & equivalents rose sharply year-over-year), which strengthens the balance sheet runway despite near-term losses. QuiverQuant Q4 2025 Earnings
• Neutral Sentiment: Wall Street views are mixed — several firms boosted targets (Wedbush $28, UBS $35, B. Riley $21) while others remain cautious; consensus is around a mid‑$20s/low‑$20s range, so analyst coverage is supporting but varied. MarketBeat Analyst Summary
• Neutral Sentiment: Reported short interest data shows effectively zero shares outstanding as shorted (days-to-cover ~0.0), which suggests short activity is not a driver of today’s move (the number appears anomalous).
• Negative Sentiment: Heavy insider selling: multiple recent Form 4 filings show substantial sales by the CEO, CFO and directors across early–mid March — large insider disposals can sour sentiment and trigger profit-taking. CEO SEC Filing Director Sale Report
• Negative Sentiment: Operational results remain mixed: revenue declined year-over-year, operating and net losses widened, and operating cash flow fell sharply — these fundamentals keep near-term profitability uncertainty high. QuiverQuant Q4 2025 Earnings
• Negative Sentiment: Market commentary indicates a volatility-driven pullback after a recent sharp rally — profit-taking and reassessment of valuation after the run-up plus the visible insider sales likely accelerated the decline. QuiverQuant Market Note

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.