AXT (NASDAQ:AXTI) Director Jesse Chen Sells 11,320 Shares of Stock

AXT Inc (NASDAQ:AXTI) Director Jesse Chen sold 11,320 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $45.59, for a total transaction of $516,078.80. Following the transaction, the director directly owned 198,018 shares in the company, valued at approximately $9,027,640.62. The trade was a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• 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 transaction of $445,673.43.

AXT Price Performance

NASDAQ AXTI opened at $41.76 on Wednesday. The stock’s 50 day simple moving average is $23.16 and its 200-day simple moving average is $12.83. The company has a market cap of $2.31 billion, a PE ratio of -87.00 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 earnings results on Thursday, February 19th. The semiconductor company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01). AXT had a negative return on equity of 10.59% and a negative net margin of 24.07%.The company had revenue of $23.04 million during the quarter, compared to analyst estimates of $24.24 million. On average, equities research analysts anticipate 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: Large institutional buyers accumulated big stakes in Q4 2025 (Davidson Kempner, Hood River, Point72 and others), which provides underlying demand and long‑term support for the stock. Quiver Quantitative
• Neutral Sentiment: Technical momentum has been very strong (AXT has surged ~2,386% over the past year and reached recent all‑time highs), but Barchart and other commentary note decelerating price appreciation—a mixed signal for short‑term direction. Barchart Article
• Neutral Sentiment: Reported short‑interest figures in the recent feeds are inconsistent/zero (displaying NaN/0), so short‑interest signals are unclear from the available data; this reduces confidence in short‑squeeze narratives today.
• Negative Sentiment: Director Jesse Chen sold 11,320 shares on Mar 2 at an average ~$45.59 (~$516k) and sold 11,007 shares on Mar 3 at an average ~$40.49 (~$446k). These block insider sales (a ~5.4–5.6% reduction in his holdings each time) are pressuring sentiment and likely driving some of the intraday selling. SEC filing: SEC Filing
• Negative Sentiment: Aggregate insider activity shows heavy net selling (Quiver reports 16 insider sales and 0 purchases in the last 6 months), which is a negative governance/sentiment signal for some traders. Quiver Quantitative

Institutional Trading of AXT

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Assenagon Asset Management S.A. boosted its holdings in shares of AXT by 12.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 22,952 shares of the semiconductor company’s stock valued at $103,000 after buying an additional 2,540 shares in the last quarter. Jefferies Financial Group Inc. lifted its position in AXT by 30.1% in the fourth quarter. Jefferies Financial Group Inc. now owns 14,967 shares of the semiconductor company’s stock valued at $245,000 after acquiring an additional 3,467 shares during the last quarter. State of Wyoming purchased a new stake in AXT in the fourth quarter valued at $69,000. Kestra Advisory Services LLC acquired a new position in AXT in the fourth quarter valued at $98,000. Finally, Algert Global LLC grew its holdings in shares of AXT by 31.9% during the third quarter. Algert Global LLC now owns 28,800 shares of the semiconductor company’s stock worth $129,000 after purchasing an additional 6,970 shares during the last quarter. Institutional investors and hedge funds own 49.52% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on AXTI shares. Northland Securities set a $20.00 target price on AXT in a report on Monday, December 22nd. B. Riley Financial lifted their price objective on AXT to $21.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Wedbush boosted their price objective on AXT from $8.50 to $28.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Needham & Company LLC lowered shares of AXT from a “buy” rating to a “hold” rating in a research note on Tuesday, January 20th. Finally, Craig Hallum reiterated a “buy” rating on shares of AXT in a research note on Friday, January 9th. Two 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’s stock. According to MarketBeat, AXT currently has a consensus rating of “Hold” and an average price target of $22.80.

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.