AXT (NASDAQ:AXTI) Trading Up 9% – Still a Buy?

20 Jul 2026, 12:23 by Renee Jackson · The Cerbat Gem

Shares of AXT Inc (NASDAQ:AXTI – Get Free Report) were up 9% during trading on Monday . The stock traded as high as $50.66 and last traded at $49.9750. 1,956,352 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 10,143,467 shares. The stock had previously closed at $45.86.

Analyst Upgrades and Downgrades

AXTI has been the subject of several analyst reports. Northland Securities set a $125.00 price target on shares of AXT in a report on Wednesday, June 3rd. Weiss Ratings upgraded shares of AXT from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, May 27th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $43.80.

Get Our Latest Stock Report on AXTI

AXT Trading Up 8.4%

The stock has a market cap of $3.25 billion, a PE ratio of -160.42 and a beta of 1.86. The business has a 50-day moving average price of $89.85 and a 200 day moving average price of $59.93.

AXT (NASDAQ:AXTI – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.03. The business had revenue of $26.92 million for 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. On average, equities analysts predict that AXT Inc will post 0.19 earnings per share for the current year.

Insider Activity at AXT

In other AXT news, CEO Morris S. Young sold 123,601 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $113.33, for a total transaction of $14,007,701.33. Following the sale, the chief executive officer owned 2,149,533 shares of the company’s stock, valued at $243,606,574.89. The trade was a 5.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jesse Chen sold 13,000 shares of the stock in a transaction on 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 sale, the director owned 56,447 shares in the company, valued at approximately $5,405,929.19. This represents a 18.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 251,636 shares of company stock worth $27,789,677. Corporate insiders own 5.97% of the company’s stock.

Institutional Trading of AXT

Institutional investors have recently added to or reduced their stakes in the stock. CloudAlpha Capital Management Limited Hong Kong bought a new stake in AXT in the 4th quarter worth approximately $22,738,000. Maytree Asset Management Ltd purchased a new stake in AXT in the fourth quarter worth approximately $11,156,000. Allworth Financial LP grew its position in AXT by 3,764.7% during the fourth quarter. Allworth Financial LP now owns 11,594 shares of the semiconductor company’s stock valued at $190,000 after acquiring an additional 11,294 shares during the last quarter. Nano Cap New Millennium Growth Fund L P purchased a new position in shares of AXT during the fourth quarter worth approximately $1,014,000. Finally, Dymon Asia Capital Singapore PTE. LTD. purchased a new position in shares of AXT during the fourth quarter worth approximately $1,956,000. Hedge funds and other institutional investors own 49.52% of the company’s stock.

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.