AXT, Inc., a prominent player in the semiconductor industry, has recently filed a notification under Rule 144 with the U.S. Securities and Exchange Commission. This filing, submitted on August 7, 2026, indicates that a director of the company intends to sell 2,000 Class A shares. The transaction is scheduled to occur on the same day and will be executed through a broker based in Albany, New York.
AXT, Inc., headquartered in Fremont, is a U.S.-based company specializing in the manufacturing of semiconductors and semiconductor equipment. The company’s product offerings include LEDs, electronic devices for switches, power amplifiers, and laser diodes, serving a global customer base. AXT’s stock is publicly traded on the Nasdaq, and the company was initially listed through an IPO on May 21, 1998.
In addition to the planned sale, the company disclosed that it had recently received 10,000 Class A shares as a compensation award in May. This follows a similar award received in 2014. Over the past three months, a trust associated with the director sold 500 shares, resulting in modest proceeds.
The notification was signed by an authorized representative of a financial services firm acting on behalf of the director. AXT, Inc., incorporated in Delaware, continues to operate within the Information Technology sector, specifically within the semiconductors and semiconductor equipment industry.
As of August 6, 2026, AXT’s stock closed at $88.58. The company’s market capitalization stands at approximately $5.79 billion. Over the past year, the stock has experienced significant volatility, with a 52-week high of $143.16 on May 25, 2026, and a 52-week low of $2.05 on August 14, 2025. The price-to-earnings ratio is notably high at 1,229.29, reflecting the company’s current market valuation relative to its earnings.
