AXT Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:AXTI Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
09 Dec 25	SellUS$371,025	David Chang	Individual	25,000	US$14.84
08 Dec 25	SellUS$462,902	Morris Young	Individual	37,160	US$12.46
02 Dec 25	SellUS$576,250	David Chang	Individual	50,000	US$12.33
17 Nov 25	SellUS$344,386	Morris Young	Individual	33,130	US$10.40
13 Nov 25	SellUS$1,026,949	Gary Fischer	Individual	101,297	US$10.14
07 Nov 25	SellUS$30,587	Leonard LeBlanc	Individual	3,637	US$8.41
06 Nov 25	SellUS$201,177	Gary Fischer	Individual	22,675	US$8.87
05 Nov 25	SellUS$707,783	Gary Fischer	Individual	80,235	US$9.21
05 Nov 25	SellUS$894,040	David Chang	Individual	100,000	US$8.94
03 Nov 25	SellUS$691,848	Morris Young	Individual	80,000	US$8.65
25 Feb 25	BuyUS$40,929	Morris Young	Individual	30,000	US$1.36

Insider Trading Volume

Insider Buying: AXTI insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of AXTI?
Owner Type	Number of Shares	Ownership Percentage
Hedge Funds	2,939,000	6.57%
Individual Insiders	3,384,558	7.56%
Institutions	12,631,119	28.2%
General Public	25,795,493	57.6%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 39.44% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
6.57%	Cleveland Capital Management, LLC	2,939,000	US$44.1m	0%	92.22%
5.48%	Morris Young	2,450,604	US$36.8m	13.3%	no data
4.92%	The Vanguard Group, Inc.	2,202,871	US$33.1m	-3%	no data
4.01%	Pacific Ridge Capital Partners, LLC	1,793,797	US$26.9m	-2.28%	5.67%
3.87%	First Beijing Investment Ltd.	1,730,156	US$26.0m	0%	0.81%
1.66%	Driehaus Capital Management LLC	742,790	US$11.1m	0%	0.05%
1.61%	White Pine Capital LLC	719,829	US$10.8m	-16.3%	2.91%
1.56%	BlackRock, Inc.	696,761	US$10.5m	1.2%	no data
1.38%	Morgan Stanley	615,619	US$9.2m	-2.25%	no data
1.13%	Susquehanna International Group, LLP	503,638	US$7.6m	543%	0.01%
1%	Geode Capital Management, LLC	447,698	US$6.7m	0.33%	no data
0.91%	Citadel Advisors LLC	405,978	US$6.1m	557%	no data
0.81%	Gary Fischer	361,997	US$5.4m	-12.5%	no data
0.74%	Needham Investment Management, LLC	330,900	US$5.0m	-15.9%	0.31%
0.49%	GSA Capital Partners LLP	218,873	US$3.3m	-55.1%	0.28%
0.47%	Jesse Chen	209,338	US$3.1m	0%	no data
0.46%	Qube Research & Technologies Ltd	205,822	US$3.1m	39.8%	no data
0.41%	State Street Global Advisors, Inc.	184,215	US$2.8m	21.1%	no data
0.36%	Penn Capital Management Company, LLC	162,342	US$2.4m	0%	0.19%
0.31%	Two Sigma Investments, LP	139,808	US$2.1m	-17%	no data
0.3%	David Chang	132,744	US$2.0m	-56.9%	no data
0.27%	Bridgeway Capital Management, LLC	121,284	US$1.8m	-44.5%	0.03%
0.27%	Leonard LeBlanc	118,875	US$1.8m	-2.97%	no data
0.25%	Wade Massad	111,000	US$1.7m	0%	no data
0.23%	Destination Wealth Management	101,900	US$1.5m	0%	0.04%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/12/26 14:46
End of Day Share Price	2025/12/24 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

AXT, Inc. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ku Kang	B. Riley Securities, Inc.
Hamed Khorsand	BWS Financial Inc.
Richard Shannon	Craig-Hallum Capital Group LLC