AXTI AXT INC
Price Chart
Executive Summary
CEO Morris Young sold $14.0M of AXTI stock on June 2, 2026, following a $8.3M sale on June 1, for a total of $22.3M in open-market sales within two days. Director Jesse Chen also sold $579K. The CEO's sales coincide with derivative exercises at $5.21/share, suggesting a cashless exercise-and-sell pattern. At $6.9B market cap, the $22.3M represents 0.32% of market cap — modest but notable for a CEO cluster.
Key Financial Metrics
Actionable Insight
CEO's $22.3M sell-down is the dominant signal — cluster sales are weakly predictive per academic literature, but the CEO's concentrated two-day liquidation of nearly all exercised shares is notable. The derivative exercise at $5.21 suggests these were long-held options being monetized. Monitor for any upcoming 8-K or earnings pre-announcement that could explain the timing. The 30-day prior selling pattern ($22.9M) extends the bearish read.
Key Facts
- CEO Morris Young sold 197,498 shares for $22.3M on June 1-2, 2026
- Director Jesse Chen sold 5,200 shares for $579K on June 1-2
- CEO exercised 85,703 derivative shares at $5.21 strike, then sold the resulting shares immediately
- Total open-market sales of $22.9M represent 0.32% of $6.9B market cap
- No insider purchases in the cluster window
- 30-day prior insider activity: 4 sells totaling $22.9M
Financial Impact
CEO sold $22.3M in open-market sales over 2 days; total cluster $22.9M
Risk Factors
- CEO selling may signal private information about near-term business conditions
- Continued insider selling pattern over 30 days ($45.8M total) could pressure sentiment
- No insider buying to offset the selling signal
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-AXTI-1780685126500 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 5, 2026
1d ago
|
Insider Cluster
| $84.50 awaiting T+1 | awaiting T+1 | — | $89.04 (−5.37%) |
|
Jun 3, 2026
2d ago
|
Insider Cluster
| $105.99 $89.04 | ▲ +15.99% | ▲ +13.42% | $89.04 (+15.99%) |
|
May 18, 2026
19d ago
|
DEFA14A
| $112.88 $104.61 | ▼ −7.33% | ▼ −8.37% | $89.04 (−21.12%) |
|
May 15, 2026
22d ago
|
DEFA14A
| — | awaiting T+1 | — | — |
|
May 15, 2026
22d ago
|
8-K
| — | awaiting T+1 | — | — |
|
Apr 21, 2026
6w ago
|
424B5
| $86.94 $75.27 | ▲ +13.42% | ▲ +13.03% | $89.04 (−2.42%) |
|
Apr 21, 2026
6w ago
|
8-K
| $74.97 $86.94 | ▼ −15.97% | ▼ −14.95% | $89.04 (−18.77%) |
|
Apr 20, 2026
6w ago
|
8-K
| $74.97 $86.94 | ▼ −15.97% | ▼ −14.95% | $89.04 (−18.77%) |
|
Apr 20, 2026
6w ago
|
424B5
| $74.97 $86.94 | ▼ −15.97% | ▼ −14.95% | $89.04 (−18.77%) |
|
Apr 20, 2026
6w ago
|
S-3ASR
| $74.97 $86.94 | ▲ +15.97% | ▲ +14.95% | $89.04 (+18.77%) |
US Market Status
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