Morris Young Sells 30,832 Shares of AXT (NASDAQ:AXTI) Stock

AXT Inc (NASDAQ:AXTI) CEO Morris Young sold 30,832 shares of the stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $45.60, for a total value of $1,405,939.20. Following the completion of the transaction, the chief executive officer owned 2,313,233 shares of the company’s stock, valued at $105,483,424.80. This trade represents a 1.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

AXT Price Performance

NASDAQ AXTI traded up $0.82 on Thursday, hitting $48.18. 10,362,045 shares of the company were exchanged, compared to its average volume of 8,462,578. AXT Inc has a twelve month low of $1.13 and a twelve month high of $50.97. The firm has a market capitalization of $2.66 billion, a P/E ratio of -100.82 and a beta of 1.75. The company’s 50 day moving average price is $26.13 and its 200-day moving average price is $14.33.

AXT (NASDAQ:AXTI) last announced its 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 firm had revenue of $23.04 million during the quarter, compared to analyst estimates 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, equities analysts expect that AXT Inc will post -0.12 EPS for the current year.

Hedge Funds Weigh In On AXT

Several institutional investors and hedge funds have recently modified their holdings of the stock. XTX Topco Ltd purchased a new stake in shares of AXT during the second quarter worth $42,000. Jefferies Financial Group Inc. acquired a new stake in AXT during the third quarter valued at $52,000. State of Wyoming purchased a new position in AXT in the fourth quarter valued at about $69,000. Creative Planning acquired a new position in AXT in the 2nd quarter worth about $86,000. Finally, Kestra Advisory Services LLC acquired a new position in AXT in the 4th quarter worth about $98,000. 49.52% of the stock is currently owned by hedge funds and other institutional investors.

AXT News Roundup

Here are the key news stories impacting AXT this week:

• Positive Sentiment: Investor interest in an AI/infrastructure growth narrative lifted sentiment for AXT, with commentary arguing that demand for InP and other compound substrates could justify higher multiples over time. Assessing AXT (AXTI) Valuation
• Positive Sentiment: Momentum/bargain‑hunting: the shares have rebounded sharply after recent losses as momentum traders and value buyers stepped in, helping push the stock higher over the past sessions. AXT Climbs 14.9%
• Neutral Sentiment: Unusual options activity has been reported (high volume noted in recent filings/alerts); this can amplify intraday moves but does not by itself indicate direction. AXT Sees Unusually High Options Volume
• Neutral Sentiment: Short‑interest data in recent releases appears anomalous/zero and offers no clear evidence of short‑covering driving the rally (likely a reporting quirk rather than a material flow).
• Negative Sentiment: Large insider selling: CEO Morris S. Young sold 125,893 shares (~$4.6M) on Mar 9; sizable insider disposals can weigh on sentiment and raise questions about timing of allocations. CEO Sale SEC Filing
• Negative Sentiment: Director selling: Director Jesse Chen sold multiple tranches in early March (totaling tens of thousands of shares), which adds to the insider‑selling narrative. Director Jesse Chen Sale
• Negative Sentiment: Put buying spike: traders purchased an unusually large number of put contracts (reported ~9,810 puts on Mar 11), signaling short‑term bearish/speculative hedging that could pressure the stock if volatility persists.
• Negative Sentiment: Mixed Q4 results: the company missed revenue and EPS expectations (Q4 revenue ~$23.0M; EPS miss), and margins remain under pressure — a reminder that near‑term fundamentals need to improve to sustain the rally. AXT Q4 Results

Analyst Upgrades and Downgrades

AXTI has been the topic of several research analyst reports. Wall Street Zen upgraded shares of AXT from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. UBS Group set a $35.00 target price on AXT in a research report on Tuesday, February 17th. Wedbush lifted their price target on AXT from $8.50 to $28.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Craig Hallum reissued a “buy” rating on shares of AXT in a research report on Friday, January 9th. Finally, Northland Securities set a $20.00 price objective on AXT in a research report on Monday, December 22nd. Two 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’s stock. According to MarketBeat.com, AXT currently has an average rating of “Hold” and a consensus 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.