AXT, Inc. (AXTI) is up 5.8% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver is investor optimism around AXT’s latest filing on its Tongmei subsidiary, which is shifting its IPO plans from Shanghai to Hong Kong and reframing the story around indium phosphide demand for AI data centers. The move also appears supported by enthusiasm for AXT’s recently disclosed long-term supply agreement tied to 6-inch indium phosphide wafers, which reinforces the company’s exposure to optical networking and AI infrastructure.
Details:
Sources:
SEC, AXT Investor Relations, Investing.com
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$AXTI Insider Trading Activity
$AXTI insiders have traded $AXTI stock on the open market 33 times in the past 6 months. Of those trades, 0 have been purchases and 33 have been sales.
Here’s a breakdown of recent trading of $AXTI stock by insiders over the last 6 months:
- MORRIS S YOUNG (CEO) has made 0 purchases and 7 sales selling 559,964 shares for an estimated $37,494,037.
- JESSE CHEN has made 0 purchases and 20 sales selling 159,817 shares for an estimated $10,252,076.
- GARY L FISCHER (CFO) has made 0 purchases and 2 sales selling 89,032 shares for an estimated $4,505,145.
- DAVID C CHANG has made 0 purchases and 4 sales selling 68,333 shares for an estimated $3,385,424.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$AXTI Hedge Fund Activity
We have seen 122 institutional investors add shares of $AXTI stock to their portfolio, and 63 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DAVIDSON KEMPNER CAPITAL MANAGEMENT LP removed 2,734,693 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $155,822,807
- JANE STREET GROUP, LLC added 1,521,633 shares (+168.2%) to their portfolio in Q1 2026, for an estimated $86,702,648
- POINT72 ASSET MANAGEMENT, L.P. removed 1,511,856 shares (-99.7%) from their portfolio in Q1 2026, for an estimated $86,145,554
- HOOD RIVER CAPITAL MANAGEMENT LLC removed 1,485,565 shares (-73.8%) from their portfolio in Q1 2026, for an estimated $84,647,493
- WT ASSET MANAGEMENT LTD added 1,347,119 shares (+inf%) to their portfolio in Q1 2026, for an estimated $76,758,840
- E FUND MANAGEMENT CO., LTD. added 1,262,719 shares (+inf%) to their portfolio in Q1 2026, for an estimated $71,949,728
- CLOUDALPHA CAPITAL MANAGEMENT LIMITED/HONG KONG removed 1,056,328 shares (-76.0%) from their portfolio in Q1 2026, for an estimated $60,189,569
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$AXTI Price Targets
Multiple analysts have issued price targets for $AXTI recently. We have seen 2 analysts offer price targets for $AXTI in the last 6 months, with a median target of $57.0.
Here are some recent targets:
- Matt Bryson from Wedbush set a target price of $93.0 on 05/01/2026
- Dave Kang from B. Riley Securities set a target price of $21.0 on 02/20/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
