AXT Director Sells Over $445,000 in Stock

Insider sale represents a 5.56% decrease in director's ownership stake

Published on Mar. 4, 2026

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AXT Inc. (NASDAQ:AXTI) Director Jesse Chen sold 11,007 shares of the semiconductor company's stock on March 3rd for a total transaction value of $445,673.43. Following the sale, Chen's ownership stake in AXT decreased by 5.56% to 187,011 shares valued at approximately $7.57 million.

Why it matters

Insider transactions, particularly sales, can provide insights into management's views on a company's prospects. This sale by a director suggests they may be less bullish on AXT's short-term outlook, though the director still maintains a sizable ownership position.

The details

The shares were sold at an average price of $40.49 per share. Chen previously sold an additional 11,320 shares on March 2nd for $516,078.80. AXT is a global supplier of compound and single-element semiconductor substrates used in various electronic and optoelectronic devices.

  • The stock sale transactions occurred on March 2nd and March 3rd, 2026.

The players

Jesse Chen

Director of AXT Inc., a global supplier of semiconductor substrates.

AXT Inc.

A NASDAQ-listed company that develops, manufactures and distributes compound and single-element semiconductor substrates.

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The takeaway

This insider sale by an AXT director suggests some potential near-term caution, though the director still maintains a substantial ownership stake in the company. Investors may want to monitor any further insider transactions and the company's financial performance going forward.