Jesse Chen Sells Shares of AXT, Inc.

Jesse Chen recently sold 6,172 shares of AXT, Inc. (NasdaqGS: AXTI) on June 15, 2026. The shares were sold at an average price of $115.24, amounting to a total transaction value of $711,261.28. This insider sale was not part of a pre-planned trading program.

Insider Buying and Selling at AXT, Inc.

On June 15, 2026, Jesse Chen sold 6,172 shares at $115.24 each. This was not the only recent insider activity. On the same day, David Chang also sold 8,333 shares at $111.17 each. Earlier, on June 12, 2026, CEO Morris Young sold 1,200 shares. Jesse Chen had multiple transactions: 13,000 shares on June 12, 9,000 shares on June 11, and another 9,000 shares on June 10.

Other Institutional Activity in AXT, Inc.

Several institutional investors have also been active in AXT, Inc. Jane Street Group, LLC increased its holdings by 1,521,633 shares, ending with 2,426,232 shares valued at about $138.25 million. Vanguard Capital Management LLC established a new position with 2,278,403 shares worth approximately $129.82 million. E20 Capital Ltd reduced its stake by 973,731 shares, leaving it with 2,068,550 shares valued at $117.87 million. Assenagon Asset Management S.A. added 930,526 shares, bringing its total to 1,505,354 shares worth roughly $85.78 million. Morgan Stanley also increased its holdings by 553,005 shares, totaling 1,443,634 shares valued at $82.26 million.

AXT, Inc. Stock Snapshot

Shares of AXT, Inc. traded near $93.04. The company has a market capitalization of $6.09 billion and a forward P/E ratio of 123.7. Its beta is 1.811, indicating higher volatility compared to the market. The stock's 52-week range is between $1.80 and $143.16, with a 50-day moving average of $94.84 and a 200-day moving average of $38.05. AXT, Inc. maintains a current ratio of 2.593 and a quick ratio of 1.422, with a debt-to-equity ratio of 23.021.

Recent Earnings

AXT, Inc. reported revenue of $95.89 million, reflecting a growth rate of 39.1%. However, the company is currently not profitable, with a negative net margin of 14.7% and a return on equity of -5.03%. The next earnings report is scheduled for July 30, 2026.

Analysts Set New Price Targets

On May 1, 2026, Wedbush maintained its buy rating for AXT, Inc. with a price target of $93.0. The consensus among analysts is a buy rating, with an average price target of $96.5, based on four analyst opinions.

About AXT, Inc.

AXT, Inc., headquartered in Fremont, California, operates in the technology sector, specifically in semiconductor equipment and materials. The company designs and manufactures semiconductor substrates used in various applications, including data centers, 5G communications, and consumer devices. Led by CEO Dr. Morris S. Young, the company employs over 1,500 people and sells its products globally through direct sales and distributors.

Bottom Line

Jesse Chen's recent sale of AXT, Inc. shares is part of a series of insider transactions. AXT, Inc. continues to show institutional interest, as seen in recent filings. With a forward-looking P/E ratio of 123.7 and a market cap of $6.09 billion, investors are closely watching its performance. Remember, insider trading reports are backward-looking and may not reflect current positions.