Trade Summary
2 days ago, Chen Jesse, serving as Dir at Axt Inc (AXTI), sold 19,947 shares at $38.51 per share, for a total transaction value of $768,196.00. Following this transaction, Chen Jesse now holds 167,064 shares of AXTI.
This sale represents a 11.00% decrease in Chen Jesse's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, March 4, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, March 5, 2026, 1 day after the trade was made.
Axt Inc operates in the TECHNOLOGY sector, specifically within the SEMICONDUCTOR EQUIPMENT & MATERIALS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.