AXT shares drop 6.5% amid mixed analyst ratings and insider stock sales.

Shares of AXT Inc fell 6.5% to $54.30 following a quarter with earnings and revenue below analyst expectations. The semiconductor company has a mixed analyst outlook, with price targets ranging from $20 to $35 and a consensus "Hold" rating. Insider selling has been notable, with directors reducing their holdings significantly in recent weeks. Despite the dip, institutional investors maintain nearly 50% ownership, and the company continues to supply critical semiconductor materials for high-tech industries.