axt designs, develops, manufactures and distributes high performance compound and single element semiconductor substrates comprising gallium arsenide, indium phosphide and germanium through its manufacturing facilities in beijing, china. in addition, axt maintains its sales, administration and customer service functions at its headquarters in fremont, ca.
Company profile
Ticker
AXTI
Exchange
Website
CEO
Morris Young
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AMERICAN XTAL TECHNOLOGY
SEC CIK
Corporate docs
Subsidiaries
Beijing Tongmei Xtal Technology Co., Ltd. • Nanjing Jin Mei Gallium Co., Ltd. • Beijing BoYu Semiconductor Vessel Craftwork Technology Co., Ltd. ...
IRS number
943031310
AXTI stock data
Latest filings (excl ownership)
8-K
AXT, Inc. Updates Revenue Expectations for the First Quarter 2024
8 Apr 24
ARS
2023 FY
Annual report to shareholders
5 Apr 24
DEFA14A
Additional proxy soliciting materials
5 Apr 24
DEF 14A
Definitive proxy
5 Apr 24
10-K
2023 FY
Annual report
15 Mar 24
8-K
AXT, Inc. Fourth Quarter and Fiscal Year 2023 Results
22 Feb 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
AXT, Inc. Third Quarter 2023 Results
2 Nov 23
10-Q
2023 Q2
Quarterly report
9 Aug 23
8-K
AXT, Inc. Second Quarter 2023 Results
3 Aug 23
Transcripts
AXTI
Earnings call transcript
2023 Q4
22 Feb 24
AXTI
Earnings call transcript
2023 Q3
2 Nov 23
AXTI
Earnings call transcript
2023 Q2
3 Aug 23
AXTI
Earnings call transcript
2023 Q1
27 Apr 23
AXTI
Earnings call transcript
2022 Q4
16 Feb 23
AXTI
Earnings call transcript
2022 Q3
27 Oct 22
AXTI
Earnings call transcript
2022 Q2
29 Jul 22
AXTI
Earnings call transcript
2022 Q1
29 Apr 22
AXTI
Earnings call transcript
2021 Q4
17 Feb 22
AXTI
Earnings call transcript
2021 Q3
28 Oct 21
Latest ownership filings
SC 13G
VANGUARD GROUP INC
13 Feb 24
SC 13G
FIRST WILSHIRE SECURITIES MANAGEMENT INC
12 Feb 24
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
9 Feb 24
4
MORRIS S YOUNG
14 Nov 23
4
GARY L FISCHER
14 Nov 23
4
MORRIS S YOUNG
12 Sep 23
SC 13G/A
BlackRock Inc.
7 Jul 23
4
DAVID C CHANG
19 May 23
4
JESSE CHEN
19 May 23
4
RUSSELL CHRISTINE
19 May 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 39.30 mm | 39.30 mm | 39.30 mm | 39.30 mm | 39.30 mm | 39.30 mm |
Cash burn (monthly) | 528.67 k | (no burn) | 2.24 mm | 1.38 mm | 264.00 k | (no burn) |
Cash used (since last report) | 3.52 mm | n/a | 14.94 mm | 9.17 mm | 1.76 mm | n/a |
Cash remaining | 35.78 mm | n/a | 24.36 mm | 30.13 mm | 37.54 mm | n/a |
Runway (months of cash) | 67.7 | n/a | 10.9 | 21.9 | 142.2 | n/a |
Institutional ownership, Q3 2023
49.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 85 |
Opened positions | 6 |
Closed positions | 17 |
Increased positions | 29 |
Reduced positions | 37 |
13F shares | Current |
---|---|
Total value | 52.67 bn |
Total shares | 22.06 mm |
Total puts | 9.80 k |
Total calls | 18.70 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
First Wilshire Securities Management | 2.53 mm | $6.05 bn |
Dimensional Fund Advisors | 2.16 mm | $5.19 bn |
Needham Investment Management | 2.16 mm | $5.19 bn |
Vanguard | 1.99 mm | $4.78 bn |
Wellington Management | 1.62 mm | $3.90 bn |
Pacific Ridge Capital Partners | 1.23 mm | $2.96 bn |
Royce & Associates | 1.12 mm | $2.70 bn |
Systematic Financial Management | 981.32 k | $2.36 bn |
BLK Blackrock | 684.98 k | $1.64 bn |
Kennedy Capital Management | 639.11 k | $1.53 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 Nov 23 | Young Morris S | Common Stock | Grant | Acquire A | No | No | 0 | 111,795 | 0.00 | 1,989,046 |
10 Nov 23 | Gary L Fischer | Common Stock | Grant | Acquire A | No | No | 0 | 38,800 | 0.00 | 356,620 |
18 May 23 | Christine Russell | Common Stock | Grant | Acquire A | No | No | 0 | 23,323 | 0.00 | 54,875 |
18 May 23 | Chen Jesse | Common Stock | Grant | Acquire A | No | No | 0 | 23,323 | 0.00 | 130,843 |
18 May 23 | Chang David C | Common Stock | Grant | Acquire A | No | No | 0 | 23,323 | 0.00 | 229,249 |
News
Craig-Hallum Maintains Buy on AXT, Raises Price Target to $5
9 Apr 24
Needham Reiterates Buy on AXT, Maintains $5 Price Target
9 Apr 24
Why Agenus Shares Are Trading Lower By Around 17%? Here Are Other Stocks Moving In Monday's Mid-Day Session
8 Apr 24
Wedbush Maintains Outperform on AXT, Maintains $6 Price Target
8 Apr 24
Assessing AXT: Insights From 5 Financial Analysts
5 Apr 24
Press releases
ROSEN, A TOP RANKED LAW FIRM, Encourages AXT, Inc. Investors to Inquire About Securities Class Action Investigation - AXTI
18 Apr 24
ROSEN, NATIONAL TRIAL COUNSEL, Encourages AXT, Inc. Investors to Inquire About Securities Class Action Investigation – AXTI
17 Apr 24
AXTI LOSS ALERT: ROSEN, LEADING INVESTOR COUNSEL, Encourages AXT, Inc. Investors to Inquire About Securities Class Action Investigation – AXTI
15 Apr 24
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of AXT, Inc. - AXTI
12 Apr 24
AXTI ALERT: Bragar Eagel & Squire, P.C. is Investigating AXT, Inc. on Behalf of AXTI Stockholders and Encourages Investors to Contact the Firm
11 Apr 24