Trade Summary
6 days ago, Fischer Gary L, serving as CFO at Axt Inc (AXTI), sold 89,032 shares at $50.60 per share, for a total transaction value of $4,505,145.00. Following this transaction, Fischer Gary L now holds 191,278 shares of AXTI.
This sale represents a 32.00% decrease in Fischer Gary L's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Thursday, March 12, 2026 and publicly disclosed via SEC Form 4 filing on Monday, March 16, 2026, 4 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.