AXT Inc’s filing revealed that its CHAIRMAN AND CEO YOUNG MORRIS S acquired Company’s shares for reported $40929.0 on Feb 25 ’25. In the deal valued at $1.36 per share,30,000 shares were bought. As a result of this transaction, YOUNG MORRIS S now holds 2,449,490 shares worth roughly $4.75 million.
Craig Hallum upgraded its AXT Inc [AXTI] rating to a Buy from a a Hold in a research note published on February 23, 2024; the price target was increased to $3.75 from $2.25. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who increased its forecast for the stock in late February from “a Neutral” to “a Buy”. Craig Hallum also remained covering AXTI and has decreased its forecast on February 17, 2023 with a “Hold” recommendation from previously “Buy” rating. Needham started covering the stock on June 27, 2022. It rated AXTI as “a Buy”.
Price Performance Review of AXTI
On Tuesday, AXT Inc [NASDAQ:AXTI] saw its stock jump 6.01% to $1.94. Over the last five days, the stock has gained 12.46%. AXT Inc shares have fallen nearly -10.60% since the year began. Nevertheless, the stocks have fallen -46.11% over the past one year.
How much short interest is there in AXT Inc?
A steep rise in short interest was recorded in AXT Inc stocks on 2025-05-15, dropping by -0.2 million shares to a total of 0.88 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 1.09 million shares. There was a decline of -22.81%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 04, 2021 when Wedbush began covering the stock and recommended ‘”an Outperform”‘ rating along with a $11 price target.
