AXT (NASDAQ:AXTI) Director Jesse Chen Sells 2,000 Shares of Stock

March 11, 2026 by InsiderTrades.com

Key Points

CEO Morris Young sold 125,893 shares on Mar. 9 at an average price of $36.51 for about $4.60M, reducing his stake by 5.10% to 2,344,065 shares, as disclosed in an SEC filing.
Q4 results missed estimates: AXT reported EPS of -$0.05 (vs. -$0.04 expected) and revenue of $23.04M (vs. $24.24M expected), with negative margins and analysts forecasting -$0.12 EPS for the current fiscal year.
Market sentiment is mixed — investors and traders are betting on an AI-driven demand boost (and unusual call buying), but large insider sales, weaker near‑term results, and a consensus "Hold" rating with a $22.80 target temper optimism.

AXT Inc (NASDAQ:AXTI - Get Free Report) Director Jesse Chen sold 2,000 shares of the firm's stock in a transaction on Friday, March 6th. The shares were sold at an average price of $36.63, for a total value of $73,260.00. Following the transaction, the director directly owned 165,064 shares of the company's stock, valued at $6,046,294.32. This represents a 1.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

On Monday, March 9th, Jesse Chen sold 12,452 shares of AXT stock. The stock was sold at an average price of $37.69, for a total transaction of $469,315.88.
On Thursday, March 5th, Jesse Chen sold 11,147 shares of AXT stock. The stock was sold at an average price of $38.26, for a total transaction of $426,484.22.
On Wednesday, March 4th, Jesse Chen sold 8,800 shares of AXT stock. The shares were sold at an average price of $38.83, for a total transaction of $341,704.00.
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.
On Monday, March 2nd, Jesse Chen sold 11,320 shares of AXT stock. The stock was sold at an average price of $45.59, for a total transaction of $516,078.80.

AXT Stock Performance

Shares of NASDAQ AXTI opened at $44.30 on Wednesday. The company has a 50 day simple moving average of $25.51 and a two-hundred day simple moving average of $14.10. AXT Inc has a fifty-two week low of $1.13 and a fifty-two week high of $47.03. The company has a market capitalization of $2.45 billion, a price-to-earnings ratio of -92.29 and a beta of 1.75.

AXT (NASDAQ:AXTI - Get Free Report) last issued its quarterly 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 the consensus estimate of $24.24 million. AXT had a negative return on equity of 10.59% and a negative net margin of 24.07%. On average, analysts forecast that AXT Inc will post -0.12 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

AXTI has been the subject of several analyst reports. Wedbush raised 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. Needham & Company LLC downgraded shares of AXT from a "buy" rating to a "hold" rating in a research report on Tuesday, January 20th. Craig Hallum restated a "buy" rating on shares of AXT in a research note on Friday, January 9th. Northland Securities set a $20.00 target price on shares of AXT in a report on Monday, December 22nd. Finally, B. Riley Financial upped their target price on shares of AXT to $21.00 and gave the stock a "neutral" rating in a research note on Friday, February 20th. 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. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $22.80.

View Our Latest Stock Report on AXTI

Institutional Investors Weigh In On AXT

Institutional investors have recently modified their holdings of the business. Pinpoint Asset Management Singapore Pte. Ltd. lifted its position in AXT by 2,333,600.0% during 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 purchasing an additional 23,336 shares during the period. Wesbanco Bank Inc. purchased a new stake in AXT during the 3rd quarter valued at $112,000. White Pine Capital LLC raised its stake in AXT by 2.8% during the 2nd quarter. White Pine Capital LLC now owns 860,411 shares of the semiconductor company's stock valued at $1,798,000 after buying an additional 23,467 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings 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 buying an additional 2,540 shares during the period. Finally, Jefferies Financial Group Inc. lifted its holdings in shares of AXT by 30.1% during the 4th 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 during the period. 49.52% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting AXT

Here are the key news stories impacting AXT this week:

Positive Sentiment: Buyers are leaning into an AI infrastructure growth narrative that analysts say could lift long‑term demand for AXT’s semiconductor substrates and wafers, supporting a higher valuation multiple and momentum in the name. Assessing AXT (AXTI) Valuation
Positive Sentiment: Unusual options activity: traders bought ~14,442 call options (≈171% above typical daily call volume), indicating short‑term bullish/speculative positioning that can amplify upside. (market data entry)
Positive Sentiment: Momentum/rebound trade: AXT rallied sharply after recent losses as bargain hunters and momentum traders piled back in, helping lift the stock for a second straight session. AXT Climbs 14.9%
Neutral Sentiment: Reported short interest figures in recent data appear anomalous/zero and provide no clear signal (likely a reporting quirk), so short-covering is not confirmed as a driver. (market data entry)
Negative Sentiment: Large insider selling: CEO Morris S. Young sold 125,893 shares (≈$4.6M) on Mar 9 and previously sold smaller lots; Director Jesse Chen also sold multiple tranches (totaling tens of thousands of shares). Significant insider sell volume can be read as a negative signal by investors. CEO Sale SEC Filing Director Sale SEC Filing
Negative Sentiment: Q4 / FY2025 results were mixed: revenue fell to $23.0M (down QoQ and YoY) and GAAP gross margin dipped to ~20.9%, reinforcing near‑term execution concerns versus the AI-led optimism. That weakness tempers the bullish narrative until visibility improves. AXT Reports Q4 & FY2025 Results AXT Q4 Summary
Negative Sentiment: TipRanks and other outlets highlighted a recent director sale as a notable insider move, which can increase investor wariness even as the stock rallies. TipRanks Insider Move

AXT Company Profile

(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.