Public Event Detail
Dymon Asia Capital Singapore PTE. LTD. Invests $1.96 Million in AXT Inc $AXTI
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Event summary
Dymon Asia Capital Singapore PTE. LTD. has initiated a new position in AXT Inc. (NASDAQ:AXTI), acquiring 119,623 shares valued at approximately $1.96 million during the fourth quarter. AXT Inc. recently reported better-than-expected quarterly results, with a smaller loss per share and higher revenue than anticipated, and provided positive EPS guidance for Q2 2026. Despite insider selling activity by CEO Morris S. Young and Director Jesse Chen, analysts currently hold an average "Hold" rating on the stock with a price target of $43.80.