AXT Inc (NASDAQ:AXTI) Given Consensus Recommendation of “Hold” by Brokerages

Shares of AXT Inc (NASDAQ:AXTI) have received a consensus recommendation of “Hold” from the five analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $43.80.

Several brokerages recently weighed in on AXTI. Northland Securities set a $125.00 price objective on shares of AXT in a research note on Wednesday, June 3rd. Weiss Ratings raised AXT from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, May 27th.

AXT Price Performance

AXT stock opened at $47.88 on Tuesday. The business has a 50 day moving average of $81.67 and a 200-day moving average of $61.37. The company has a market capitalization of $3.13 billion, a P/E ratio of -154.45 and a beta of 1.86. AXT has a 1 year low of $1.85 and a 1 year high of $143.16.

AXT (NASDAQ:AXTI) last posted its earnings results on Thursday, April 30th. The semiconductor company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.03. AXT had a negative net margin of 14.69% and a negative return on equity of 5.71%. The firm had revenue of $26.92 million for the quarter, compared to analyst estimates of $26.22 million. AXT has set its Q2 2026 guidance at 0.060-0.080 EPS. Equities analysts anticipate that AXT will post 0.19 EPS for the current year.

Insider Transactions at AXT

In related news, Director Jesse Chen sold 13,000 shares of the company’s stock in a transaction that occurred 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 directly owned 56,447 shares in the company, valued at $5,405,929.19. This represents a 18.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Morris S. Young sold 123,601 shares of the stock in a transaction that occurred 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 directly owned 2,149,533 shares of the company’s stock, valued at $243,606,574.89. This represents a 5.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 251,636 shares of company stock worth $27,789,677 over the last ninety days. 5.97% of the stock is owned by insiders.

Institutional Investors Weigh In On AXT

A number of institutional investors have recently modified their holdings of AXTI. Kestra Advisory Services LLC raised its stake in AXT by 6.8% during the first quarter. Kestra Advisory Services LLC now owns 6,408 shares of the semiconductor company’s stock worth $365,000 after buying an additional 408 shares during the last quarter. American Capital Advisory LLC bought a new stake in AXT during the first quarter valued at $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in AXT during the first quarter valued at $31,000. Leonteq Securities AG acquired a new stake in AXT during the 1st quarter worth about $57,000. Finally, Tema ETFs LLC acquired a new stake in AXT during the 2nd quarter worth about $105,000. 49.52% of the stock is owned by institutional investors.

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.