AXT Inc
AXTI

$3.25

1.22%

Market Cap: 144M

About: AXT Inc is a developer and producer of compound and single-element semiconductor substrates, also known as wafers. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. It is engaged in the design, development, manufacture, and distribution of high-performance compound semiconductor substrates and the sale of materials. The company provides alternative or specialty materials in the form of substrates or wafers, including compound and single-element substrates. Its compound substrates combine indium with phosphorous or gallium with arsenic. Geographically firm has its business presence across the region of Europe, Japan, Taiwan, China, North America, and the Asia Pacific from which China derives its maximum revenue to the company.

Employees: 999

Information Technology Semiconductors & Related Devices

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 10 analysts

0

News positive %

of 49 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

121% more capital invested

Capital invested by funds: $52.8M [Q4 2023] → $117M (+$63.7M) [Q1 2024]

71% more call options, than puts

Call options by funds: $1.5M | Put options by funds: $872K

47% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 17

43% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 23

9% more funds holding

Funds holding: 88 [Q4 2023] → 96 (+8) [Q1 2024]

8.27% more ownership

Funds ownership: 50.36% [Q4 2023] → 58.63% (+8.27%) [Q1 2024]

See Fund Rankings

Research analyst outlook

10 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$3.75

15%

upside

Avg. target

$5.11

57%

upside

High target

$6

85%

upside

10 analyst ratings

10 positive

100%

0 neutral

0%

0 negative

0%

Wedbush Matt Bryson	85%upside $6	Outperform Reiterated	3 May 2024
Needham Charles Shi	54%upside $5	Buy Reiterated	3 May 2024
Craig-Hallum Richard Shannon	54%upside $5	Buy Maintained	9 Apr 2024
Needham Charles Shi	54%upside $5	Buy Reiterated	9 Apr 2024
Wedbush Matt Bryson	85%upside $6	Outperform Maintained	8 Apr 2024

See Analyst Rankings

Financial journalist opinion

Based on 49 articles about AXTI published over the past 30 days

AXT Inc.: Playing An Expected Rebound

The stock has sold off in the last three days due to AXTI's ties to China, but this could be an opportunity to take advantage of. AXTI is valued at much less than book value, which could become untenable if AXTI gets out of the red in 2025. AXTI is scheduled to release the Q2 report on August 1 and the conditions are there for a repeat of what happened twice before in 2024.

AXT Inc.: Playing An Expected Rebound

AXTI LAWSUIT ALERT: Levi & Korsinsky Notifies AXT, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK , July 8, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in AXT, Inc. ("AXT, Inc." or the "Company") (NASDAQ: AXTI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of AXT, Inc. investors who were adversely affected by alleged securities fraud between March 24, 2021 and April 3, 2024.

AXTI LAWSUIT ALERT: Levi & Korsinsky Notifies AXT, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

Shareholders that lost money on AXT, Inc. (AXTI) should contact Levi & Korsinsky about pending Class Action - AXTI

NEW YORK, NY / ACCESSWIRE / July 5, 2024 / If you suffered a loss on your AXT, Inc. (NASDAQ:AXTI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/axt-inc-lawsuit-submission-form?prid=89364&wire=1 or contact Joseph E. Levi, Esq.

Shareholders that lost money on AXT, Inc. (AXTI) should contact Levi & Korsinsky about pending Class Action - AXTI

Investors who Lost Money on AXT, Inc.(AXTI) Should Contact Levi & Korsinsky About Pending Class Action - AXTI

NEW YORK, NY / ACCESSWIRE / July 5, 2024 / If you suffered a loss on your AXT, Inc. (NASDAQ:AXTI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/axt-inc-lawsuit-submission-form?prid=89385&wire=1 or contact Joseph E. Levi, Esq.

Investors who Lost Money on AXT, Inc.(AXTI) Should Contact Levi & Korsinsky About Pending Class Action - AXTI

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against AXT, Inc. - AXTI

NEW YORK, NY / ACCESSWIRE / July 5, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against AXT, Inc. ("AXT" or the "Company") (NASDAQ:AXTI). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against AXT, Inc. - AXTI

Shareholders that lost money on AXT, Inc. (AXTI) should contact Levi & Korsinsky about pending Class Action - AXTI

NEW YORK, NY / ACCESSWIRE / July 5, 2024 / If you suffered a loss on your AXT, Inc. (NASDAQ:AXTI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/axt-inc-lawsuit-submission-form?prid=89261&wire=1 or contact Joseph E. Levi, Esq.

Shareholders that lost money on AXT, Inc. (AXTI) should contact Levi & Korsinsky about pending Class Action - AXTI

Shareholders that lost money on AXT, Inc.(AXTI) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

NEW YORK, NY / ACCESSWIRE / July 5, 2024 / If you suffered a loss on your AXT, Inc. (NASDAQ:AXTI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/axt-inc-lawsuit-submission-form?prid=89270&wire=1 or contact Joseph E. Levi, Esq.

Shareholders that lost money on AXT, Inc.(AXTI) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

FINAL AXTI DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds AXT Inc Investors to Join the Class Action Lawsuit!

NEW YORK, NY / ACCESSWIRE / July 5, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against AXT Inc ("AXT" or "the Company") (NASDAQ:AXTI) and certain of its officers. Class Definition: This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired AXT securities between March 24, 2021 and April 3, 2024, inclusive (the "Class Period").

FINAL AXTI DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds AXT Inc Investors to Join the Class Action Lawsuit!

AXT, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information - AXTI

NEW YORK, NY / ACCESSWIRE / July 4, 2024 / If you suffered a loss on your AXT, Inc. (NASDAQ:AXTI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/axt-inc-lawsuit-submission-form?prid=89214&wire=1 or contact Joseph E. Levi, Esq.

AXT, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information - AXTI

Levi & Korsinsky Reminds AXT, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 5, 2024 - AXTI

NEW YORK, NY / ACCESSWIRE / July 4, 2024 / If you suffered a loss on your AXT, Inc. (NASDAQ:AXTI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/axt-inc-lawsuit-submission-form?prid=89215&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Reminds AXT, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 5, 2024 - AXTI

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