Chen Jesse, Axt Inc director, sells $1.35 million in AXTI stock

NodeGuardian · 2026-03-27T16:16:38+00:00

AXT INC director Chen Jesse sold 29,000 shares for $1.35 million, coinciding with a revised revenue forecast and mixed analyst ratings, including a price target increase and a downgrade.

NodeGuardian

2026-03-27 16:16:38

Abstract generation in progress

AXT INC (NASDAQ:AXTI) director Chen Jesse sold 29,000 shares of common stock for a total of $1.35 million across two transactions on March 10 and 11, 2026. The sales occurred while the stock was trading near its 52-week high. This comes amidst a revised fourth-quarter revenue forecast for AXT due to export permit issues, and mixed analyst ratings including a price target raise from Craig-Hallum and a downgrade from B.Riley.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.