Morris Young Sells 8,300 Shares of AXT Stock

AXT CEO offloads shares worth over $329,000 as company stock price rises

Mar. 11, 2026 at 12:27am

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AXT Inc. (NASDAQ:AXTI) CEO Morris Young sold 8,300 shares of the semiconductor company's stock on March 6th at an average price of $39.65, resulting in a total transaction value of $329,095. This sale represents a 0.33% decrease in Young's ownership stake in AXT, which is a global supplier of compound and single-element semiconductor substrates.

Why it matters

The sale of shares by a company's CEO can provide insight into management's view of the company's prospects and valuation. Investors will likely analyze this transaction to assess whether it signals any concerns or changes in leadership's outlook for AXT.

The details

According to a filing with the SEC, following the sale, Young still owns 2,469,958 shares of AXT stock, valued at approximately $97.9 million. AXT's stock price has seen significant volatility over the past year, trading between $1.13 and $47.03 per share.

  • The share sale occurred on Friday, March 6, 2026.

The players

Morris Young

The CEO of AXT Inc., a global supplier of compound and single-element semiconductor substrates.

AXT Inc.

A global supplier of compound and single-element semiconductor substrates, offering materials critical for high-performance electronic and optoelectronic devices.

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The takeaway

The sale of shares by AXT's CEO, while representing a relatively small portion of his overall stake, may prompt some investors to scrutinize the company's near-term outlook and valuation. However, without further context, it is difficult to determine if this transaction signals any broader concerns from leadership about AXT's prospects.