AXT Inc (NASDAQ:AXTI – Get Free Report) Director Leonard Leblanc sold 4,000 shares of the business’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 directly owned 113,129 shares of the company’s stock, valued at $10,868,303.03. The trade was a 3.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
AXT Price Performance
Shares of NASDAQ AXTI opened at $73.12 on Friday. The company has a market cap of $4.79 billion, a price-to-earnings ratio of 3,656.00 and a beta of 1.90. The stock’s 50-day moving average is $67.75 and its two-hundred day moving average is $67.64. AXT Inc has a 1-year low of $2.39 and a 1-year high of $143.16.
AXT (NASDAQ:AXTI – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.12. AXT had a return on equity of 0.96% and a net margin of 3.23%.The business had revenue of $47.59 million during the quarter, compared to analysts’ expectations of $34.08 million. AXT has set its Q3 2026 guidance at 0.300-0.320 EPS. Equities research analysts anticipate that AXT Inc will post 0.8 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Read Our Latest Research Report on AXT
Institutional Trading of AXT
Several institutional investors have recently modified their holdings of the stock. American Capital Advisory LLC acquired a new position in shares of AXT in the 1st quarter valued at $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in AXT in the first quarter valued at $31,000. XTX Topco Ltd purchased a new stake in AXT in the second quarter valued at $42,000. Jefferies Financial Group Inc. acquired a new position in AXT in the third quarter valued at $52,000. Finally, Global Retirement Partners LLC purchased a new position in shares of AXT during the second quarter worth about $55,000. Hedge funds and other institutional investors own 49.52% of the company’s stock.
Key AXT News
Here are the key news stories impacting AXT this week:
- Positive Sentiment: AXT’s indium phosphide (InP) business is showing strong momentum, with record revenue, a backlog exceeding $100 million and planned capacity expansion. Demand from AI data centers and optical networking could provide a multiyear growth opportunity. AXT’s InP Demand Is Surging: Can It Become a Long-Term Growth Driver?
- Positive Sentiment: Reports that indium phosphide supply is tightening, alongside new AI-related deals, have supported the bullish view that AXT may benefit from rising demand for optical components used in high-speed data centers. Why AXT Is Up 11.6% After Indium Phosphide Supply Tightens Amid New AI Deals
- Neutral Sentiment: AXT’s latest quarterly results were materially better than expected, with earnings per share of $0.19 versus a $0.07 consensus estimate and revenue of $47.59 million versus $34.08 million. Management guided to third-quarter 2026 EPS of $0.30-$0.32, though the stock’s exceptionally high valuation leaves limited room for disappointment.
- Neutral Sentiment: Analyst opinion remains mixed but leans positive: AXT has a consensus “Moderate Buy” rating and an average price target of $77, while price targets range from $52 to $125. A Tradr ETF including AXT could improve visibility and investor access, but its direct fundamental impact is uncertain.
- Negative Sentiment: AXTI has faced a broader selloff in optics and AI-hardware shares as investors reassess the pace of AI spending and lock in gains after the sector’s major rally. This risk-off environment is currently outweighing the company’s favorable InP outlook. Optics Stocks Drop on Anthropic News
- Negative Sentiment: Director Leonard Leblanc has repeatedly reduced his stake, selling 4,000 shares on August 17 for about $384,280, 2,000 shares on August 7 and 500 shares in June. Although he still owns more than 113,000 shares, the pattern may weigh modestly on investor sentiment. Insider Selling: AXT Director Sells Shares
About AXT
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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