AXT IncAXTI
Market Cap: $103M
About: AXT Inc is a developer and producer of compound and single-element semiconductor substrates, also known as wafers. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. It is engaged in the design, development, manufacture, and distribution of high-performance compound semiconductor substrates and the sale of materials. The company provides alternative or specialty materials in the form of substrates or wafers, including compound and single-element substrates. Its compound substrates combine indium with phosphorous or gallium with arsenic. Geographically firm has its business presence across the region of Europe, Japan, Taiwan, China, North America, and the Asia Pacific from which China derives its maximum revenue to the company.
Employees: 999
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
105% more call options, than puts
Call options by funds: $518K | Put options by funds: $253K
4% less funds holding
Funds holding: 96 [Q1] → 92 (-4) [Q2]
10.35% less ownership
Funds ownership: 59.66% [Q1] → 49.31% (-10.35%) [Q2]
20% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 20
32% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 37
38% less capital invested
Capital invested by funds: $119M [Q1] → $74M (-$44.6M) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Needham Charles Shi 21% 1-year accuracy 14 / 67 met price target | 116%upside $5 | Buy Reiterated | 2 Aug 2024 |
Wedbush Matt Bryson 37% 1-year accuracy 15 / 41 met price target | 159%upside $6 | Outperform Reiterated | 29 Jul 2024 |
Financial journalist opinion
Based on 3 articles about AXTI published over the past 30 days