AXT Inc (AXTI)

• Market cap: $97.6M
• 1 day: 2.83%
• 5 days: -4.39%
• 1 month: 19.13%
• 3 months: 3.81%
• 6 months: -40.92%
• Year to date: -11.74%
• 1 year: -6.03%
• 5 years: -44.25%
• 10 years: -18.05%
• Sector: Information Technology
• Industry: Semiconductors & Related Devices

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 Q3 regulatory filings by fund managers ($100M+ AUM)

389% more call options, than puts

Call options by funds: $215K | Put options by funds: $44K

7.76% less ownership

Funds ownership: 51.3% [Q2] → 43.53% (-7.76%) [Q3]

11% less funds holding

Funds holding: 92 [Q2] → 82 (-10) [Q3]

14% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 28

39% less capital invested

Capital invested by funds: $77M [Q2] → $47.1M (-$29.9M) [Q3]

50% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 20

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $5 129% upside
• Avg. target: $5 129% upside
• High target: $5 129% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Northland Capital Markets Tim Savageaux 58% 1-year accuracy 14 / 24 met price target	129% upside $5	Outperform Maintained	1 Nov 2024
Needham Charles Shi 31% 1-year accuracy 24 / 78 met price target	129% upside $5	Buy Reiterated	1 Nov 2024