AXT Director Sells $1.35M in Stock as Company Lowers Q4 Revenue View; Analysts Split on Outlook
AXT Inc. director Chen Jesse sold 29,000 shares of company stock on March 10-11, 2026, for roughly $1.35 million. The transactions took place as the share price traded at $49.43, cited as 1% below a reported 52-week high of $47.94. Separately, AXT revised its Q4 revenue guidance lower due to fewer export permits for indium phosphide substrates from…