AXT (NASDAQ:AXTI) Shares Gap Down – Time to Sell?

Posted by George Bondi on Jul 7th, 2026

AXT Inc (NASDAQ:AXTI – Get Free Report)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $63.52, but opened at $59.32. AXT shares last traded at $61.9940, with a volume of 1,592,344 shares.

Analysts Set New Price Targets

A number of brokerages have commented on AXTI. Weiss Ratings raised AXT from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, May 27th. Northland Securities set a $125.00 target price on AXT in a report on Wednesday, June 3rd. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $43.80.

Get Our Latest Stock Analysis on AXTI

AXT Stock Down 3.9%

The company’s fifty day moving average price is $96.08 and its 200 day moving average price is $57.39. The company has a market capitalization of $3.99 billion, a P/E ratio of -196.80 and a beta of 1.86.

AXT (NASDAQ:AXTI – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.03. The business 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. Research analysts predict that AXT Inc will post 0.19 earnings per share for the current fiscal year.

Insider Buying and Selling at AXT

In other news, Director Jesse Chen sold 13,000 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $95.77, for a total transaction of $1,245,010.00. Following the completion of the sale, the director directly owned 56,447 shares in the company, valued at approximately $5,405,929.19. This represents a 18.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director David C. Chang sold 8,333 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $111.17, for a total value of $926,379.61. Following the sale, the director directly owned 65,165 shares in the company, valued at approximately $7,244,393.05. This trade represents a 11.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 251,636 shares of company stock valued at $27,789,677 in the last three months. Corporate insiders own 5.97% of the company’s stock.

Institutional Investors Weigh In On AXT

A number of large investors have recently bought and sold shares of AXTI. American Capital Advisory LLC bought a new position in AXT in the 1st quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of AXT during the 1st quarter worth approximately $31,000. Leonteq Securities AG acquired a new stake in shares of AXT during the 1st quarter worth approximately $57,000. KBC Group NV acquired a new stake in shares of AXT during the 1st quarter worth approximately $88,000. Finally, SG Americas Securities LLC bought a new position in AXT in the first quarter valued at approximately $108,000. 49.52% of the stock is currently owned by institutional investors and hedge funds.

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.