The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. AXT Inc shares valued at $40,929 were purchased by YOUNG MORRIS S on Feb 25 ’25. At $1.36 per share, YOUNG MORRIS S acquired 30,000 shares. The insider’s holdings grew to 2,449,490 shares worth approximately $5.76 million following the completion of this transaction.
As published in a research note from Craig Hallum on February 23, 2024, AXT Inc [AXTI] has been rated up from a Hold to a Buy and the price target has been revised to $3.75 from $2.25. Analysts at B. Riley Securities upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late February. As of February 17, 2023, Craig Hallum has decreased its “Buy” rating to a “Hold” for AXTI. Earlier on June 27, 2022, Needham initiated its rating. Their recommendation was “a Buy” for AXTI stock.
Analyzing AXTI Stock Performance
On last trading session,, AXT Inc [NASDAQ: AXTI] rose 18.69% to $2.35. The stock’s lowest price that day was $2.09, but it reached a high of $2.7 in the same session. During the last five days, there has been a surge of approximately 35.06%. Over the course of the year, AXT Inc shares have jumped approximately 8.29%.
Support And Resistance Levels for AXT Inc (AXTI)
RSI (Relative Strength Index) is 83.45 on the 14-day chart, showing overbought technical sentiment.
Is AXT Inc subject to short interest?
Stocks of AXT Inc saw a sharp steep in short interest on 2025-05-30 dropping by -0.2 million shares to 0.82 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 1.01 million shares. A decline of -24.23% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.27 of the overall float, the days-to-cover ratio (short ratio) decline to 3.27.
