On November 6, 2025, Gary L. Fischer, the Chief Financial Officer of AXT Inc. (NASDAQ:AXTI), sold 22,675 shares of the company's common stock at approximately $8.87 per share. This transaction, classified as an S-Sale, left Fischer with 463,294 shares. AXT Inc. is a company that specializes in the development and production of compound semiconductor substrates, which are used in a variety of applications, including LEDs, lasers, and solar cells.
AXT Inc. has recently received a rating upgrade to a Zacks Rank #2 (Buy), indicating increased optimism about the company's earnings prospects. This upgrade suggests potential upward movement for the stock, as highlighted by Zacks Investment Research. The Zacks rating system, which tracks earnings per share (EPS) estimates from sell-side analysts, emphasizes the importance of a company's earnings picture in influencing stock prices.
The stock is currently priced at $8.87, reflecting a decrease of 2.53% or $0.23. Despite this, AXT Inc. is being highlighted as a strong momentum stock by Zacks Investment Research, with a Momentum Style Score of A. This score indicates the stock's potential as a top pick for momentum investors, focusing on price changes and earnings estimate revisions.
AXT Inc. recently held its Q3 2025 earnings call, led by Dr. Morris Young, the Co-Founder, CEO, and Chairman, along with Gary Fischer. The call, which took place on October 30, 2025, included analysts from Needham & Company, Craig-Hallum Capital Group, Northland Capital Markets, and Wedbush Securities. This event provided an opportunity for AXT Inc. to discuss its financial performance and strategic direction for the third quarter of 2025.
The stock has fluctuated between a low of $8.48 and a high of $9.34 today, with a market capitalization of approximately $409.13 million. Over the past year, the stock has reached a high of $9.84 and a low of $1.13. The trading volume for the day is 3,885,011 shares on the NASDAQ exchange, indicating active investor interest.