AXT Inc (NASDAQ:AXTI – Get Free Report)’s stock price fell 9.3% during trading on Monday . The stock traded as low as $81.83 and last traded at $80.3420. Approximately 4,610,968 shares were traded during mid-day trading, a decline of 56% from the average session volume of 10,384,091 shares. The stock had previously closed at $88.58.

Several research firms recently issued reports on AXTI. Weiss Ratings upgraded shares of AXT from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, May 27th. B. Riley Financial lowered their price objective on shares of AXT from $73.00 to $52.00 and set a “neutral” rating for the company in a research report on Tuesday, July 28th. Needham & Company LLC upgraded AXT from a “hold” rating to a “buy” rating and set a $90.00 target price for the company in a research note on Friday, July 31st. Northland Securities set a $125.00 target price on AXT in a report on Wednesday, June 3rd. Finally, UBS Group set a $90.00 price target on AXT in a research note on Friday, July 31st. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $77.00.

View Our Latest Stock Analysis on AXTI

The company has a market capitalization of $4.94 billion, a price-to-earnings ratio of 3,785.00 and a beta of 1.90. The business’s 50 day moving average price is $70.85 and its two-hundred day moving average price is $63.79.

AXT (NASDAQ:AXTI – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.12. The business had revenue of $47.59 million during the quarter, compared to analysts’ expectations of $34.08 million. AXT had a net margin of 3.23% and a return on equity of 1.55%. AXT has set its Q3 2026 guidance at 0.300-0.320 EPS. Analysts expect that AXT Inc will post 0.19 EPS for the current year.

In related news, Director Jesse Chen sold 6,172 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $115.24, for a total transaction of $711,261.28. Following the sale, the director owned 50,275 shares in the company, valued at $5,793,691. The trade was a 10.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director David C. Chang sold 8,333 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $111.17, for a total value of $926,379.61. Following the completion of the transaction, the director directly owned 65,165 shares of the company’s stock, valued at approximately $7,244,393.05. The trade was a 11.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 251,636 shares of company stock valued at $27,789,677 in the last 90 days. 5.97% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the company. American Capital Advisory LLC acquired a new stake in AXT during the 1st quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in AXT in the 1st quarter valued at approximately $31,000. XTX Topco Ltd acquired a new position in AXT in the 2nd quarter valued at approximately $42,000. Jefferies Financial Group Inc. bought a new position in shares of AXT during the third quarter valued at $52,000. Finally, Global Retirement Partners LLC acquired a new position in shares of AXT during the second quarter worth $55,000. Institutional investors and hedge funds own 49.52% of the company’s stock.

(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.

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