Squarepoint Ops LLC lessened its stake in shares of AXT, Inc. (NASDAQ:AXTI – Free Report) by 76.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 17,523 shares of the semiconductor company’s stock after selling 56,686 shares during the quarter. Squarepoint Ops LLC’s holdings in AXT were worth $38,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also recently modified their holdings of the company. Point72 Asset Management L.P. bought a new stake in shares of AXT during the fourth quarter worth $628,000. Pacific Ridge Capital Partners LLC grew its stake in shares of AXT by 65.4% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 1,937,424 shares of the semiconductor company’s stock worth $4,204,000 after buying an additional 766,122 shares during the last quarter. Empowered Funds LLC grew its stake in shares of AXT by 5.2% in the fourth quarter. Empowered Funds LLC now owns 145,664 shares of the semiconductor company’s stock worth $316,000 after purchasing an additional 7,165 shares during the last quarter. Bleakley Financial Group LLC bought a new stake in shares of AXT in the fourth quarter worth $29,000. Finally, Jane Street Group LLC bought a new stake in shares of AXT in the fourth quarter worth $60,000. Institutional investors own 49.52% of the company’s stock. AXT Trading Up 6.0% Shares of AXTI opened at $1.94 on Wednesday. The stock has a market capitalization of $88.47 million, a P/E ratio of -6.93 and a beta of 1.98. The firm’s fifty day simple moving average is $1.41 and its two-hundred day simple moving average is $1.79. AXT, Inc. has a 12 month low of $1.13 and a 12 month high of $4.03. AXT (NASDAQ:AXTI – Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The semiconductor company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.07). AXT had a negative net margin of 11.70% and a negative return on equity of 5.27%. As a group, research analysts predict that AXT, Inc. will post -0.12 EPS for the current fiscal year. Analysts Set New Price Targets AXTI has been the topic of several analyst reports. Wall Street Zen raised shares of AXT to a “sell” rating in a research note on Friday, April 25th. B. Riley reduced their price objective on shares of AXT from $6.00 to $4.50 and set a “buy” rating on the stock in a research note on Friday, May 2nd. Wedbush reissued an “outperform” rating and issued a $4.50 price objective on shares of AXT in a research note on Tuesday, April 29th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $5.00 price objective on shares of AXT in a research note on Friday, February 21st. One analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $4.75. Read Our Latest Stock Report on AXT AXT Company Profile (Free Report) AXT, Inc designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company offers indium phosphide for use in data center connectivity using light/lasers, high-speed data transfer in data centers, 5G communications, fiber optic lasers and detectors, consumer devices, passive optical networks, silicon photonics, photonic integrated circuits, thermo-photovoltaics, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging.

AXT, Inc. (AXTI) Q1 2025 Earnings Call Transcript

AXT (AXTI) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.03 per share a year ago.

FREMONT, Calif.--(BUSINESS WIRE)--AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the first quarter, ended March 31, 2025. Management Qualitative Comments “While the geopolitical environment is creating undeniable challenges, we are focusing our energies where we can drive positive returns today,” said Morris Young, chief executive officer. “Tongmei, our China subsidiary, is uniquely positioned to optimize growt.

FREMONT, Calif.--(BUSINESS WIRE)--AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the first quarter 2025 in a press release immediately following the close of market on May 1, 2025. The company will also host a conference call to discuss these results on May 1, 2025 at 1:30 p.m. PT. The conference call can be accessed at (800) 715-9871 (passcode 4378083). The call will also be simulcast at www.axt.com. Replays will.

AXT, Inc. reported increased revenues QoQ and YoY due to higher demand for its indium phosphide wafers. The company expects lower Q1 2025 revenues due to new regulations in China over exports of indium phosphide. The company's stock price hit its 52-week low last Friday due to the weak Q1 outlook.

AXT, Inc. (NASDAQ:AXTI ) Q4 2024 Earnings Conference Call February 20, 2025 4:30 PM ET Company Participants Leslie Green - IR Morris Young - CEO Gary Fischer - CFO Tim Bettles - VP, Business Development Conference Call Participants Richard Shannon - Craig-Hallum Charles Shi - Needham Tim Savageaux - Northland Capital Markets Dave Kang - B. Riley Operator Good afternoon, everyone, and welcome to AXT's Fourth Quarter 2024 Financial Conference Call.

AXT (AXTI) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.07 per share a year ago.

FREMONT, Calif.--(BUSINESS WIRE)--AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the fourth quarter and fiscal year ended December 31, 2024. Management Qualitative Comments “Our growth in 2024 showed a year of improvement for AXT in several key areas,” said Morris Young, chief executive officer. “We delivered a 31 percent increase in revenue, a 21 percent improvement in non-GAAP gross profit, and a 40 percent i.

FREMONT, Calif.--(BUSINESS WIRE)--AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the fourth quarter 2024 in a press release immediately following the close of market on Feb. 20, 2025. The company will also host a conference call to discuss these results on Feb. 20, 2025 at 1:30 p.m. PT. The conference call can be accessed at (800) 715-9871 (passcode 4378083). The call will also be simulcast at www.axt.com. Replays.