AXT Inc (NASDAQ:AXTI – Get Free Report) Director David Chang sold 8,333 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $111.17, for a total transaction of $926,379.61. Following the transaction, the director directly owned 65,165 shares of the company’s stock, valued at $7,244,393.05. This represents a 11.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
AXT Stock Performance
Shares of AXTI opened at $92.11 on Thursday. The company has a 50-day simple moving average of $95.46 and a 200-day simple moving average of $52.01. The firm has a market capitalization of $6.03 billion, a P/E ratio of -297.12 and a beta of 1.80. AXT Inc has a 52 week low of $1.80 and a 52 week high of $143.16.
AXT (NASDAQ:AXTI – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The semiconductor company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.03. The business had revenue of $26.92 million during the quarter, compared to analyst estimates of $26.22 million. AXT had a negative net margin of 14.69% and a negative return on equity of 5.71%. AXT has set its Q2 2026 guidance at 0.060-0.080 EPS. As a group, equities analysts forecast that AXT Inc will post 0.2 earnings per share for the current year.
Analyst Ratings Changes
Institutional Trading of AXT
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. CloudAlpha Capital Management Limited Hong Kong bought a new stake in AXT in the fourth quarter valued at about $22,738,000. Maytree Asset Management Ltd bought a new stake in AXT during the fourth quarter worth about $11,156,000. Destination Wealth Management bought a new stake in AXT during the third quarter worth about $458,000. Penn Capital Management Company LLC bought a new stake in AXT during the third quarter worth about $729,000. Finally, Allworth Financial LP grew its stake in AXT by 3,764.7% during the fourth quarter. Allworth Financial LP now owns 11,594 shares of the semiconductor company’s stock worth $190,000 after buying an additional 11,294 shares during the last quarter. Institutional investors own 49.52% of the company’s stock.
AXT Company Profile
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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