Key Points
- Director Jesse Chen sold 11,007 shares on March 3 at an average of $40.49 (≈$445,673) and had sold 11,320 shares on March 2 at $45.59 (≈$516,079), with each block reducing his stake by roughly 5.5% and disclosed in an SEC filing.
- AXT shares fell about 9.8% amid the insider selling; the company missed quarterly estimates (EPS ‑$0.05 vs. ‑$0.04 est., revenue $23.04M vs. $24.24M est.) and carries a consensus analyst rating of Hold with an average price target of $22.80.
AXT Inc (NASDAQ:AXTI - Get Free Report) Director Jesse Chen sold 11,007 shares of the business's stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $40.49, for a total transaction of $445,673.43. Following the sale, the director owned 187,011 shares of the company's stock, valued at approximately $7,572,075.39. The trade was a 5.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Jesse Chen also recently made the following trade(s):
- On Monday, March 2nd, Jesse Chen sold 11,320 shares of AXT stock. The shares were sold at an average price of $45.59, for a total transaction of $516,078.80.
AXT Stock Down 9.8%
AXTI opened at $41.76 on Wednesday. The company's 50-day moving average price is $23.16 and its 200 day moving average price is $12.83. AXT Inc has a fifty-two week low of $1.13 and a fifty-two week high of $47.03. The firm has a market cap of $2.31 billion, a price-to-earnings ratio of -87.00 and a beta of 1.75.
AXT (NASDAQ:AXTI - Get Free Report) last issued its earnings results on Thursday, February 19th. The semiconductor company reported ($0.05) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.01). The company had revenue of $23.04 million during the quarter, compared to analyst estimates of $24.24 million. AXT had a negative net margin of 24.07% and a negative return on equity of 10.59%. Research analysts anticipate that AXT Inc will post -0.12 earnings per share for the current year.
Hedge Funds Weigh In On AXT
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. increased its position in shares of 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 purchasing an additional 2,540 shares during the period. Jefferies Financial Group Inc. boosted its stake in AXT by 30.1% during the fourth quarter. Jefferies Financial Group Inc. now owns 14,967 shares of the semiconductor company's stock valued at $245,000 after buying an additional 3,467 shares in the last quarter. State of Wyoming acquired a new position in AXT during the fourth quarter worth about $69,000. Kestra Advisory Services LLC acquired a new position in AXT during the fourth quarter worth about $98,000. Finally, Algert Global LLC raised its position in AXT by 31.9% in the third quarter. Algert Global LLC now owns 28,800 shares of the semiconductor company's stock worth $129,000 after acquiring an additional 6,970 shares in the last quarter. 49.52% of the stock is owned by institutional investors.
Trending Headlines about AXT
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
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the stock. Needham & Company LLC downgraded shares of AXT from a "buy" rating to a "hold" rating in a report on Tuesday, January 20th. Northland Securities set a $20.00 price objective on shares of AXT in a research report on Monday, December 22nd. UBS Group set a $35.00 target price on shares of AXT in a research report on Tuesday, February 17th. Wall Street Zen raised AXT from a "sell" rating to a "hold" rating in a report on Saturday, February 14th. Finally, Craig Hallum reiterated a "buy" rating on shares of AXT in a research report on Friday, January 9th. Two research 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, AXT presently has a consensus rating of "Hold" and an average price target of $22.80.
View Our Latest Stock Report on AXT
About AXT
(
Get Free Report)
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.
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