AXT (NASDAQ:AXTI) Shares Gap Down – Should You Sell?

14 Sep 2026, 12:03 by Teresa Graham · The Cerbat Gem

AXT Inc (NASDAQ:AXTI – Get Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $64.77, but opened at $59.68. AXT shares last traded at $60.61, with a volume of 1,956,053 shares traded.

Analyst Ratings Changes

AXTI has been the topic of a number of recent research reports. Zacks Research raised AXT from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 11th. Needham & Company LLC upgraded AXT from a “hold” rating to a “buy” rating and set a $90.00 target price for the company in a report on Friday, July 31st. Northland Securities set a $125.00 target price on AXT in a research note on Wednesday, June 3rd. B. Riley Financial cut their price target on AXT from $73.00 to $52.00 and set a “neutral” rating on the stock in a report on Tuesday, July 28th. Finally, UBS Group set a $90.00 price target on AXT in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $77.00.

Get Our Latest Stock Report on AXT

AXT Price Performance

The company has a market cap of $3.87 billion, a PE ratio of 2,963.75 and a beta of 1.92. The business’s 50 day moving average is $62.79 and its 200-day moving average is $72.08.

AXT (NASDAQ:AXTI – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The semiconductor company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.12. AXT had a net margin of 3.23% and a return on equity of 0.96%. The company had revenue of $47.59 million for the quarter, compared to the consensus estimate of $34.08 million. AXT has set its Q3 2026 guidance at 0.300-0.320 EPS. As a group, sell-side analysts predict that AXT Inc will post 0.8 EPS for the current fiscal year.

Insider Activity at AXT

In related news, Director Leonard Leblanc sold 4,000 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $96.07, for a total value of $384,280.00. Following the transaction, the director owned 113,129 shares of the company’s stock, valued at $10,868,303.03. This represents a 3.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 5.97% of the company’s stock.

Institutional Trading of AXT

A number of institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC lifted its holdings in shares of AXT by 6.8% in the 1st quarter. Kestra Advisory Services LLC now owns 6,408 shares of the semiconductor company’s stock valued at $365,000 after purchasing an additional 408 shares during the last quarter. American Capital Advisory LLC acquired a new stake in shares of AXT in the 1st quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in AXT during the 1st quarter worth approximately $31,000. Global Retirement Partners LLC purchased a new position in AXT during the 2nd quarter worth approximately $55,000. Finally, Leonteq Securities AG acquired a new position in AXT during the first quarter worth approximately $57,000. 49.52% of the stock is owned by hedge funds and other institutional investors.

AXT Company Profile

(Get Free Report)

AXT, Inc (NASDAQ: AXTI) develops and manufactures compound semiconductor substrates used to produce high-performance electronic and optoelectronic devices. Its product portfolio includes gallium arsenide (GaAs), indium phosphide (InP), and germanium substrates, along with related materials and services supporting semiconductor manufacturing.