Jesse Chen Sells 4,000 Shares of AXT (NASDAQ:AXTI) Stock

Posted by Stanley Muller on Jun 7th, 2026

AXT Inc (NASDAQ:AXTI – Get Free Report) Director Jesse Chen sold 4,000 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $111.36, for a total value of $445,440.00. Following the completion of the sale, the director directly owned 100,326 shares of the company’s stock, valued at approximately $11,172,303.36. This trade represents a 3.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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

On Thursday, June 4th, Jesse Chen sold 6,133 shares of AXT stock. The shares were sold at an average price of $108.28, for a total value of $664,081.24.
On Friday, March 13th, Jesse Chen sold 8,083 shares of AXT stock. The shares were sold at an average price of $50.25, for a total value of $406,170.75.
On Thursday, March 12th, Jesse Chen sold 6,003 shares of AXT stock. The stock was sold at an average price of $48.95, for a total value of $293,846.85.
On Wednesday, March 11th, Jesse Chen sold 15,000 shares of AXT stock. The stock was sold at an average price of $47.13, for a total value of $706,950.00.
On Tuesday, March 10th, Jesse Chen sold 14,000 shares of AXT stock. The stock was sold at an average price of $46.15, for a total value of $646,100.00.
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 value of $469,315.88.

AXT Trading Down 16.0%

AXT stock opened at $89.04 on Friday. The stock has a market cap of $5.82 billion, a PE ratio of -287.22 and a beta of 1.80. The stock has a 50-day moving average price of $89.22 and a 200 day moving average price of $47.12. AXT Inc has a 52 week low of $1.72 and a 52 week high of $143.16.

AXT (NASDAQ:AXTI – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The semiconductor company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.03. The company had revenue of $26.92 million during the quarter, compared to analysts’ expectations of $26.22 million. AXT had a negative return on equity of 5.71% and a negative net margin of 14.69%.AXT has set its Q2 2026 guidance at 0.060-0.080 EPS. On average, equities analysts predict that AXT Inc will post 0.2 EPS for the current year.

Key Headlines Impacting AXT

Here are the key news stories impacting AXT this week:

Negative Sentiment: CEO Morris Young and Director Jesse Chen disclosed multiple stock sales over the past few days, including large transactions that trimmed their ownership stakes. Heavy insider selling can weigh on sentiment because it may signal that management views the shares as fully valued or prefers to reduce exposure at current levels. SEC filing for Jesse Chen sale
Negative Sentiment: Traders bought 42,750 put options, about 58% above normal daily volume, suggesting a notable increase in bearish bets or hedging activity on AXT shares.
Neutral Sentiment: Recent commentary highlighted AXT’s order backlog topping $100 million and management’s plan to double capacity in 2026 and again in 2027, reflecting strong AI-related demand for indium phosphide substrates. Article: AXT’s Order Backlog Surge & Capacity Push Fuel Growth Expectations
Neutral Sentiment: The company’s latest earnings beat expectations modestly and Q2 guidance called for adjusted EPS of $0.06 to $0.08, but the business remains unprofitable on a net basis, which keeps the stock sensitive to execution and margin concerns.

Analyst Ratings Changes

AXTI has been the topic of several recent research reports. UBS Group set a $35.00 price target on AXT in a research report on Tuesday, February 17th. Wall Street Zen raised AXT from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Wedbush boosted their price target on AXT from $8.50 to $28.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Weiss Ratings raised AXT from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, May 27th. Finally, Northland Securities set a $125.00 target price on AXT in a research report on Wednesday. Two investment 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 has a consensus rating of “Hold” and a consensus target price of $43.80.

Check Out Our Latest Stock Report on AXTI

Hedge Funds Weigh In On AXT

A number of institutional investors have recently made changes to their positions in the business. Assenagon Asset Management S.A. raised its position in shares of AXT by 161.9% during the 1st quarter. Assenagon Asset Management S.A. now owns 1,505,354 shares of the semiconductor company’s stock valued at $85,775,000 after acquiring an additional 930,526 shares in the last quarter. CloudAlpha Capital Management Limited Hong Kong acquired a new stake in shares of AXT during the 4th quarter valued at approximately $22,738,000. Alyeska Investment Group L.P. acquired a new stake in shares of AXT during the 4th quarter valued at approximately $20,187,000. Jane Street Group LLC raised its position in shares of AXT by 1,314.6% during the 4th quarter. Jane Street Group LLC now owns 904,599 shares of the semiconductor company’s stock valued at $14,790,000 after acquiring an additional 840,650 shares in the last quarter. Finally, Bank of America Corp DE raised its position in shares of AXT by 112.0% during the 1st quarter. Bank of America Corp DE now owns 776,300 shares of the semiconductor company’s stock valued at $44,234,000 after acquiring an additional 410,181 shares in the last quarter. 49.52% of the stock is owned by institutional investors and hedge funds.

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.