AXTI AXT INC
Price Chart
Executive Summary
CEO Morris S. Young sold $14.01M in open-market shares on June 2 at ~$113.33, combined with director Jesse Chen selling $780.6K on June 10 at ~$86.73. The CEO's single-trade exit of $14M (0.27% of $5.1B market cap) is a significant sell signal from the top insider, while Chen's staggered sales over several days show a consistent liquidation pattern. The clustering of these sales, particularly the CEO's block, carries bearish weight.
Key Financial Metrics
Actionable Insight
The CEO's $14M open-market sell is a material signal — it is his first major disclosed sale and was executed near the stock's peak. Monitor press/earnings for a catalyst that may have prompted this. Director Chen's four sales over a week reinforce the bearish cluster. Given the historical T+20 win rate of only 43% on bearish calls for AXTI, consider a cautious short position or protective puts; a 5-10% downside move in the next 20 trading days is plausible.
Key Facts
- CEO Morris S. Young sold $14.01M (123.6K shares at ~$113.33) on June 2
- Director Jesse Chen sold $780.6K (9K shares at ~$86.73) on June 10; also sold $139.95K on June 9, $564K on June 8, and $664.1K on June 4
- Total insider sales: ~$15.97M from two insiders within a 9-day window
- Non-cash director grants of 754 shares each to Chen, LeBlanc, and Chang on June 4
- Trades are open-market sales, not tax-withholding or 10b5-1 pattern sales
- Stock declined from June 2 (~$113) to June 10 (~$86.73), indicating the sell cluster occurred near the top
Financial Impact
CEO sold $14M (0.27% of market cap); total cluster ~$16M (0.31% of market cap)
Risk Factors
- Stock could continue rallying on sector momentum or positive news
- CEO sale may be for personal diversification, not signaling deterioration
- Historical bearish calls on AXTI have a 43% win rate at T+20
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-AXTI-1781133034491 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 10, 2026
6d ago
|
Insider Cluster
| $88.34 $97.18 | ▼ −10.01% | ▼ −9.47% | $93.04 (−5.32%) |
|
Jun 9, 2026
7d ago
|
8-K
| $85.29 $88.34 | ▲ +3.58% | ▲ +1.88% | $93.04 (+9.09%) |
|
Jun 5, 2026
11d ago
|
Insider Cluster
| $90.78 $78.36 | ▲ +13.68% | ▲ +13.38% | $93.04 (−2.50%) |
|
Jun 3, 2026
13d ago
|
Insider Cluster
| $105.99 $89.04 | ▲ +15.99% | ▲ +13.42% | $93.04 (+12.22%) |
|
May 18, 2026
29d ago
|
DEFA14A
| $112.88 $104.61 | ▼ −7.33% | ▼ −8.37% | $93.04 (−17.58%) |
|
May 15, 2026
4w ago
|
DEFA14A
| $123.78 $105.88 | ▼ −14.46% | ▼ −14.40% | $93.04 (−24.83%) |
|
May 15, 2026
4w ago
|
8-K
| $123.78 $105.88 | ▼ −14.46% | ▼ −14.40% | $93.04 (−24.83%) |
|
Apr 21, 2026
8w ago
|
424B5
| $86.94 $75.27 | ▲ +13.42% | ▲ +13.03% | $93.04 (−7.02%) |
|
Apr 21, 2026
8w ago
|
8-K
| $74.97 $86.94 | ▼ −15.97% | ▼ −14.95% | $93.04 (−24.10%) |
|
Apr 20, 2026
8w ago
|
8-K
| $74.97 $86.94 | ▼ −15.97% | ▼ −14.95% | $93.04 (−24.10%) |
US Market Status
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