140,000 Shares in AXT Inc $AXTI Purchased by Tairen Capital Ltd

Key Points

• Tairen Capital Ltd. bought 140,000 AXT shares worth approximately $10.1 million, giving it a 0.21% stake and making AXT about 0.9% of the firm's portfolio. Institutional investors collectively own 49.52% of AXT.
• AXT reported quarterly EPS of $0.19, exceeding the $0.07 consensus estimate, while revenue of $47.59 million also surpassed expectations. The company issued third-quarter 2026 EPS guidance of $0.30 to $0.32.
• AXT insiders sold 258,136 shares valued at approximately $28.4 million over the past 90 days. Analysts maintain a consensus “Moderate Buy” rating with a $77 target price, compared with the stock’s reported opening price of $70.74.

Tairen Capital Ltd bought a new stake in AXT Inc (NASDAQ:AXTI - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 140,000 shares of the semiconductor company's stock, valued at approximately $10,091,000. AXT makes up about 0.9% of Tairen Capital Ltd's holdings, making the stock its 20th largest holding. Tairen Capital Ltd owned 0.21% of AXT at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of AXTI. Acadian Asset Management LLC raised its position in shares of AXT by 2.8% during the 1st quarter. Acadian Asset Management LLC now owns 293,818 shares of the semiconductor company's stock worth $412,000 after buying an additional 8,039 shares in the last quarter. Creative Planning acquired a new position in shares of AXT during the second quarter valued at approximately $86,000. XTX Topco Ltd acquired a new position in shares of AXT during the second quarter valued at approximately $42,000. Dimensional Fund Advisors LP bought a new stake in AXT during the third quarter worth approximately $145,000. Finally, Jefferies Financial Group Inc. acquired a new stake in AXT in the third quarter worth approximately $52,000. Institutional investors and hedge funds own 49.52% of the company's stock.

Insider Activity at AXT

In other AXT news, CEO Morris S. Young sold 123,601 shares of the business's stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $113.33, for a total value of $14,007,701.33. Following the transaction, the chief executive officer owned 2,149,533 shares in the company, valued at $243,606,574.89. The trade was a 5.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Jesse Chen sold 13,000 shares of the firm's stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $95.77, for a total transaction of $1,245,010.00. Following the transaction, the director directly owned 56,447 shares in the company, valued at approximately $5,405,929.19. The trade was a 18.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 258,136 shares of company stock valued at $28,395,372. 5.97% of the stock is owned by insiders.

AXT Stock Performance

Shares of NASDAQ AXTI opened at $70.74 on Monday. AXT Inc has a one year low of $2.50 and a one year high of $143.16. The business has a 50-day moving average price of $67.22 and a two-hundred day moving average price of $67.99. The firm has a market capitalization of $4.64 billion, a PE ratio of 3,537.00 and a beta of 1.90.

AXT (NASDAQ:AXTI - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The semiconductor company reported $0.19 EPS for the quarter, topping the consensus estimate 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 0.96%. AXT has set its Q3 2026 guidance at 0.300-0.320 EPS. Research analysts anticipate that AXT Inc will post 0.8 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on AXTI. Northland Securities set a $125.00 price target on AXT in a research report on Wednesday, June 3rd. Needham & Company LLC raised 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. B. Riley Financial decreased their target price on AXT from $73.00 to $52.00 and set a "neutral" rating for the company in a research note on Tuesday, July 28th. Weiss Ratings upgraded shares of AXT from a "sell (d-)" rating to a "sell (d+)" rating in a research report on Friday, August 14th. Finally, UBS Group set a $90.00 price target on shares of AXT in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, AXT currently has a consensus rating of "Moderate Buy" and a consensus target price of $77.00.

AXT Profile

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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