Insider Selling: AXT (NASDAQ:AXTI) CEO Sells $6,911,099.52 in Stock

AXT Inc (NASDAQ:AXTI) CEO Morris Young sold 159,536 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $43.32, for a total value of $6,911,099.52. Following the sale, the chief executive officer directly owned 2,482,038 shares in the company, valued at approximately $107,521,886.16. The trade was a 6.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

AXT Price Performance

AXTI opened at $32.37 on Friday. The business has a 50 day moving average price of $24.46 and a two-hundred day moving average price of $13.40. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of -67.44 and a beta of 1.75. AXT Inc has a 1-year low of $1.13 and a 1-year high of $47.03.

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

More AXT News

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.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Northland Securities set a $20.00 price target on shares of AXT in a report on Monday, December 22nd. Wall Street Zen raised shares of AXT from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Needham & Company LLC downgraded shares of AXT from a “buy” rating to a “hold” rating in a report on Tuesday, January 20th. Wedbush increased their target price on shares of AXT from $8.50 to $28.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Finally, UBS Group set a $35.00 target price on shares of AXT in a report on Tuesday, February 17th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $22.80.

Institutional Trading of AXT

Several hedge funds and other institutional investors have recently modified their holdings of AXTI. CloudAlpha Capital Management Limited Hong Kong purchased a new stake in AXT in the 4th quarter worth about $22,738,000. Alyeska Investment Group L.P. purchased a new position in AXT during the 4th quarter valued at about $20,187,000. Jane Street Group LLC grew its stake in AXT by 1,314.6% during the 4th quarter. Jane Street Group LLC now owns 904,599 shares of the semiconductor company’s stock valued at $14,790,000 after acquiring an additional 840,650 shares in the last quarter. White Pine Capital LLC increased its holdings 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 purchasing an additional 23,467 shares during the period. Finally, Maytree Asset Management Ltd purchased a new stake in shares of AXT in the fourth quarter worth approximately $11,156,000. Institutional investors and hedge funds own 49.52% of the company’s stock.

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.