AXT Director Sells 14,086 Shares for $700,000 Amidst Share Price Appreciation
ByAinvest
Tuesday, Mar 24, 2026 6:00 pm ET1min read
AXTI--
Jesse Chen, AXT Director, sold 14,086 shares for approximately $700,000. This sale represents an 11.40% reduction in Chen's directly held position, leaving him with 109,526 shares. Chen's recent open-market sales have been part of a broader pattern, reducing his direct holdings by 41.43% over four transactions between March 5 and March 13, 2026. AXT is a leading supplier of advanced semiconductor substrates, supporting high-growth markets such as optical communications, 5G, and photonics.
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