AXT Inc $AXTI Shares Sold by White Pine Capital LLC

White Pine Capital LLC cut its holdings in shares of AXT Inc (NASDAQ:AXTI) by 16.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 719,829 shares of the semiconductor company’s stock after selling 140,582 shares during the quarter. AXT makes up approximately 0.9% of White Pine Capital LLC’s holdings, making the stock its 24th largest holding. White Pine Capital LLC owned about 1.56% of AXT worth $3,232,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in AXTI. XTX Topco Ltd acquired a new stake in shares of AXT during the second quarter worth approximately $42,000. Creative Planning bought a new position in AXT during the 2nd quarter valued at $86,000. Assenagon Asset Management S.A. boosted its stake in AXT by 12.4% during the 3rd 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. Wesbanco Bank Inc. acquired a new position in AXT during the 3rd quarter worth $112,000. Finally, Acadian Asset Management LLC increased its position 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 last quarter. 49.52% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Wall Street Zen raised shares of AXT from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Needham & Company LLC lowered AXT from a “buy” rating to a “hold” rating in a research report on Tuesday, January 20th. B. Riley Financial boosted their price target on AXT to $21.00 and gave the company a “neutral” rating in a report on Friday. Wedbush raised their price objective on AXT from $8.50 to $28.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Craig Hallum reaffirmed a “buy” rating on shares of AXT in a report on Friday, January 9th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, AXT has an average rating of “Hold” and an average target price of $22.80.

Key AXT News

Here are the key news stories impacting AXT this week:

• Positive Sentiment: Analyst upgrade/price target bump: Wedbush raised its price target to $28 and kept an “outperform” rating, which added institutional credibility and buy‑side interest. Read More.
• Positive Sentiment: Unusually large call buying: Traders purchased roughly 6,246 call options (about a 66% jump vs. average), signaling speculative/hedged bullish positioning that can amplify upside momentum. (Options flow reported intraday.)
• Positive Sentiment: Momentum / market coverage: AXT was mentioned among equities moving higher in broader market roundups, which can attract momentum traders and headline‑driven flows. Read More.
• Neutral Sentiment: Company press release and call: AXT filed its Q4/fiscal‑2025 results and management said export permits were lower than hoped in Q4 but that some permits have since arrived and they expect sequential revenue improvement; that commentary reduces uncertainty if permits continue to clear. Read More.
• Neutral Sentiment: Full call transcripts published (MSN, Seeking Alpha) — provide detail for investors evaluating management’s tone, guidance and permit timing. Read More. Read More.
• Negative Sentiment: Earnings and revenue miss: AXT reported a ($0.05) EPS vs. a ($0.04) consensus and revenue of $23.04M vs. $24.24M expected — results show continuing losses and a negative margin profile, which are fundamental headwinds. Read More.
• Negative Sentiment: Export‑permit uncertainty: Outside coverage flagged that export hurdles cloud the near‑term outlook for AI‑chip substrate demand; delayed permits materially affected Q4 revenue and remain a risk until permit flow steadies. Read More.
• Neutral Sentiment: Short interest / data quirks: Recent short‑interest entries reported odd/zero values and short‑ratio metrics that don’t indicate a clear squeeze signal; treat these figures cautiously until clarified.

AXT Trading Up 24.7%

Shares of NASDAQ:AXTI opened at $29.68 on Friday. AXT Inc has a 52 week low of $1.13 and a 52 week high of $30.80. The firm’s 50 day moving average is $19.78 and its two-hundred day moving average is $10.92. The firm has a market capitalization of $1.64 billion, a P/E ratio of -61.83 and a beta of 1.96.

AXT (NASDAQ:AXTI) last posted its quarterly earnings data 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). The company had revenue of $23.04 million during the quarter, compared to the consensus estimate of $24.24 million. AXT had a negative net margin of 24.07% and a negative return on equity of 10.59%. Analysts predict that AXT Inc will post -0.12 EPS for the current year.

Insider Activity at AXT

In other news, CEO Morris S. Young sold 35,000 shares of AXT stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $12.05, for a total transaction of $421,750.00. Following the transaction, the chief executive officer owned 2,495,564 shares in the company, valued at approximately $30,071,546.20. The trade was a 1.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director David C. Chang sold 25,000 shares of the company’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $14.84, for a total value of $371,000.00. Following the completion of the transaction, the director owned 132,744 shares in the company, valued at $1,969,920.96. This represents a 15.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 110,000 shares of company stock valued at $1,369,000. 8.80% of the stock is owned by 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.