In a filing, AXT Inc revealed 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 $4.78 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 fall -6.25% to $1.95. Over the last five days, the stock has gained 0.52%. AXT Inc shares have fallen nearly -10.14% since the year began. Nevertheless, the stocks have fallen -46.58% over the past one year. While a 52-week high of $4.03 was reached on 06/12/25, a 52-week low of $1.13 was recorded on 04/14/25.
Levels Of Support And Resistance For AXTI Stock
The 24-hour chart illustrates a support level at 1.87, which if violated will result in even more drops to 1.80. On the upside, there is a resistance level at 2.04. A further resistance level may holdings at 2.14.
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.
