AXT (NASDAQ:AXTI) Stock Price Up 5% – Here’s What Happened

Posted by George Bondi on Sep 2nd, 2026

Shares of AXT Inc (NASDAQ:AXTI – Get Free Report) traded up 5% during trading on Monday . The company traded as high as $62.25 and last traded at $61.5650. 1,527,080 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 10,354,869 shares. The stock had previously closed at $58.63.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Needham & Company LLC raised AXT from a “hold” rating to a “buy” rating and set a $90.00 price target for the company in a report on Friday, July 31st. Weiss Ratings upgraded AXT from a “sell (d-)” rating to a “sell (d+)” rating in a report on Friday, August 14th. Zacks Research raised AXT from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 11th. UBS Group set a $90.00 price target on AXT in a report on Friday, July 31st. Finally, Northland Securities set a $125.00 price objective on shares of AXT in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, AXT has an average rating of “Moderate Buy” and an average price target of $77.00.

Get Our Latest Stock Analysis on AXT

AXT Stock Down 7.4%

The firm has a 50-day moving average of $63.32 and a two-hundred day moving average of $69.95. The company has a market capitalization of $3.68 billion, a PE ratio of 2,805.50 and a beta of 1.92.

AXT (NASDAQ:AXTI – Get Free Report) last posted its earnings results on Thursday, July 30th. The semiconductor company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.12. AXT had a net margin of 3.23% and a return on equity of 0.96%. The company had revenue of $47.59 million for the quarter, compared to analysts’ expectations of $34.08 million. AXT has set its Q3 2026 guidance at 0.300-0.320 EPS. On average, equities research analysts expect that AXT Inc will post 0.8 EPS for the current year.

Insider Buying and Selling

In related news, Director David C. Chang sold 8,333 shares of AXT stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $111.17, for a total value of $926,379.61. Following the completion of the sale, the director owned 65,165 shares in the company, valued at approximately $7,244,393.05. This trade represents a 11.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Leonard J. Leblanc sold 4,000 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $96.07, for a total value of $384,280.00. Following the transaction, the director owned 113,129 shares in the company, valued at $10,868,303.03. This trade represents a 3.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 56,638 shares of company stock valued at $5,636,947. Company insiders own 5.97% of the company’s stock.

Hedge Funds Weigh In On AXT

Several institutional investors have recently bought and sold shares of the company. Acadian Asset Management LLC lifted its position in shares of AXT by 2.8% during the first quarter. Acadian Asset Management LLC now owns 293,818 shares of the semiconductor company’s stock worth $412,000 after purchasing an additional 8,039 shares in the last quarter. Creative Planning acquired a new position in shares of AXT in the second quarter valued at approximately $86,000. XTX Topco Ltd purchased a new stake in AXT during the 2nd quarter worth approximately $42,000. Dimensional Fund Advisors LP acquired a new stake in AXT during the 3rd quarter worth approximately $145,000. Finally, Jefferies Financial Group Inc. acquired a new stake in AXT during the 3rd quarter worth approximately $52,000. 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.