AXT

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.» Mehr auf defenseworld.net

AXT, Inc. (AXTI) Q1 2025 Earnings Call Transcript» Mehr auf seekingalpha.com

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.» Mehr auf zacks.com