Trade Summary
5 days ago, Chen Jesse, serving as Dir at Axt Inc (AXTI), sold 29,000 shares at $46.66 per share, for a total transaction value of $1,353,047.00. Following this transaction, Chen Jesse now holds 123,612 shares of AXTI.
This sale represents a 19.00% 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 Tuesday, March 10, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, March 12, 2026, 2 days 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.