Morris S. Young, CEO of AXT Inc. (AXTI), has sold a significant number of shares in the company. On June 1st and 2nd, 2026, Young offloaded a total of 197,498 shares across two transactions, valued at approximately $22.31 million. The sales occurred at prices ranging from $112.39 to $113.33 per share.
These transactions add to recent insider selling activity at AXT Inc. Jesse Chen also executed several sales of AXTI shares in March and June of 2026, totaling approximately $985,000.
While insider sales can be attributed to various personal financial decisions, such as portfolio diversification or tax planning, the concentrated selling by multiple insiders may attract investor attention.