Morris Young Sells 37,905 Shares of AXT (NASDAQ:AXTI) Stock

AXT Inc (NASDAQ:AXTI) CEO Morris Young sold 37,905 shares of the company’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $51.13, for a total transaction of $1,938,082.65. Following the transaction, the chief executive officer owned 2,275,328 shares of the company’s stock, valued at approximately $116,337,520.64. This represents a 1.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

AXT Stock Performance

Shares of NASDAQ AXTI opened at $44.36 on Wednesday. The company has a market cap of $2.45 billion, a P/E ratio of -92.41 and a beta of 1.75. The firm’s fifty day moving average is $28.49 and its two-hundred day moving average is $15.66. AXT Inc has a 52-week low of $1.13 and a 52-week high of $52.70.

AXT (NASDAQ:AXTI) last announced its quarterly earnings results on Thursday, February 19th. The semiconductor company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.01). The company had revenue of $23.04 million during 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%. As a group, analysts forecast that AXT Inc will post -0.12 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Northland Securities set a $20.00 price target on AXT in a report on Monday, December 22nd. Wall Street Zen upgraded AXT from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Needham & Company LLC lowered shares of AXT from a “buy” rating to a “hold” rating in a report on Tuesday, January 20th. Wedbush boosted their price target 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. Finally, Craig Hallum reaffirmed a “buy” rating on shares of AXT in a research note on Friday, January 9th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on 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 bought and sold shares of AXTI. Destination Wealth Management bought a new position in AXT during the third quarter valued at $458,000. Pinpoint Asset Management Singapore Pte. Ltd. raised its stake in shares of AXT by 2,333,600.0% in the third quarter. Pinpoint Asset Management Singapore Pte. Ltd. now owns 23,337 shares of the semiconductor company’s stock valued at $105,000 after acquiring an additional 23,336 shares during the period. Wesbanco Bank Inc. bought a new stake in shares of AXT in the 3rd quarter worth about $112,000. White Pine Capital LLC boosted its stake in shares of AXT by 2.8% during the 2nd quarter. White Pine Capital LLC now owns 860,411 shares of the semiconductor company’s stock worth $1,798,000 after purchasing an additional 23,467 shares during the period. Finally, Oasis Management Co Ltd. purchased a new position in shares of AXT during the 4th quarter worth about $164,000. Hedge funds and other institutional investors own 49.52% of the company’s stock.

More AXT News

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

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.