AXT Inc (NASDAQ:AXTI – Get Free Report) has earned a consensus rating of “Hold” from the five brokerages that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $43.80.
A number of brokerages recently issued reports on AXTI. Weiss Ratings raised shares of AXT from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 27th. Northland Securities set a $125.00 target price on AXT in a research note on Wednesday, June 3rd.
Check Out Our Latest Research Report on AXTI
AXT Stock Up 1.4%
AXT (NASDAQ:AXTI – Get Free Report) last released its 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 firm had revenue of $26.92 million for 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. Sell-side analysts anticipate that AXT will post 0.19 EPS for the current fiscal year.
Insider Transactions at AXT
In other AXT news, CEO Morris S. Young sold 123,601 shares of AXT stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $113.33, for a total value of $14,007,701.33. Following the transaction, the chief executive officer owned 2,149,533 shares in the company, valued at $243,606,574.89. The trade was a 5.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jesse Chen sold 13,000 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $95.77, for a total value of $1,245,010.00. Following the transaction, the director directly owned 56,447 shares of the company’s stock, valued at approximately $5,405,929.19. The trade was a 18.72% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 251,636 shares of company stock valued at $27,789,677. Corporate insiders own 5.97% of the company’s stock.
Institutional Investors Weigh In On AXT
A number of hedge funds have recently made changes to their positions in the stock. American Capital Advisory LLC bought a new position in AXT in the 1st quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of AXT during the first quarter worth $31,000. XTX Topco Ltd bought a new position in shares of AXT in the 2nd quarter valued at $42,000. Jefferies Financial Group Inc. bought a new position in shares of AXT in the 3rd quarter valued at $52,000. Finally, Leonteq Securities AG acquired a new stake in shares of AXT during the 1st quarter valued at $57,000. 49.52% of the stock is currently owned by institutional investors and hedge funds.
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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