AXT (AXTI) Insider Jesse Chen Sells $1.2M of Stock

On June 12, 2026, Jesse Chen sold 13,000 shares of AXT, Inc. (NasdaqGS: AXTI). The transaction was valued at approximately $1.25 million, with shares sold at an average price of $95.77. This sale was not part of a pre-planned trading program.

Insider Buying and Selling at AXT, Inc.

Jesse Chen has been actively trading shares of AXT, Inc. Over several days in June 2026, Chen sold a total of 37,500 shares, including 13,000 shares on June 12. Other recent transactions include 9,000 shares sold on both June 11 and June 10, 1,500 shares on June 9, and 6,000 shares on June 8. These sales were executed at various prices ranging from $86.73 to $95.77.

Other Institutional Activity in AXT, Inc.

Jane Street Group significantly increased its position in AXT, Inc., adding 1,521,633 shares to hold a total of 2,426,232 shares worth about $138.25 million. Vanguard Capital Management also established a new position with 2,278,403 shares valued at approximately $129.82 million. In contrast, E20 Capital reduced its holdings by 973,731 shares, ending with 2,068,550 shares valued at $117.87 million. Meanwhile, Assenagon Asset Management and Morgan Stanley increased their stakes by 930,526 and 553,005 shares, respectively.

AXT, Inc. Stock Up 79.8%

Shares of AXT, Inc. are trading near $97.18. The company's market cap stands at approximately $6.36 billion, with a forward P/E ratio of 129.23. AXT's stock has seen a 52-week low of $1.80 and a high of $143.16. The stock's 50-day moving average is $92.66, while its 200-day moving average is $37.06. AXT has a current ratio of 2.59 and a quick ratio of 1.42, with a debt-to-equity ratio of 23.02.

Recent Earnings

AXT, Inc. reported revenue of $95.89 million, reflecting a growth rate of 39.1%. However, the company is not currently profitable, with a net margin of -14.68% and a return on equity of -5.03%. The next earnings report is expected on July 30, 2026.

Analysts Set New Price Targets

On May 1, 2026, Wedbush maintained a 'buy' rating for AXT, Inc. with a price target of $93.00. The consensus recommendation for the stock is 'buy', with a mean target price of $96.50 based on four analyst opinions.

About AXT, Inc.

AXT, Inc., based in Fremont, California, designs and manufactures semiconductor substrates. The company primarily serves the technology sector, providing materials used in data centers, 5G communications, and various consumer and industrial applications. Led by CEO Dr. Morris S. Young, AXT employs over 1,500 people and operates globally, selling through direct sales and distributors.

Bottom Line

Jesse Chen's recent sales of AXT, Inc. shares highlight active insider trading at the company. Investors often watch such transactions closely, though they aren't necessarily indicative of future stock performance. AXT continues to be a key player in the semiconductor industry, with substantial institutional interest as reflected in recent activity. As always, it's important to remember that insider and institutional transactions are historical and may not reflect current positions.