SBI Securities 13F: Adds $5M to AXT (AXTI) Stake

SBI Securities increased its position in AXT, Inc. (AXTI) by 1,831.1% during the quarter, according to a Form 13F filed with the SEC on October 22, 2026. The firm disclosed the purchase in its latest regulatory filing, detailing a significant addition to its portfolio in the semiconductor equipment sector.

AXTI AXT, Inc.

$51.42 ▲ +206.80% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in SBI Securities's AXT, Inc. Position

SBI Securities added 64,729 shares of AXT, Inc. (AXTI) during the period. The firm went from holding 3,535 shares previously up to 68,264 shares. That final stake carried a reported value of $5,284,316 at the time of the filing.

Other Institutional Activity in AXT, Inc.

Marex Group Ltd. grew its holdings by 3,555,887 shares, ending with 3,563,896 shares worth about $182,150,726. Jane Street Group, LLC grew its holdings by 1,100,813 shares, ending with 3,527,115 shares worth about $180,270,849. Shaw D.E. & Co., Inc. grew its holdings by 1,473,819 shares, ending with 2,250,085 shares worth about $115,001,845. Citadel Advisors Llc grew its holdings by 911,655 shares, ending with 1,481,332 shares worth about $75,710,879.

AXT, Inc. Stock Down 0.8%

Shares closed at $51.11 on October 22, 2026. The stock recently traded around $56.63 on October 22, 2026, which is up about 10.8% since that filing date. The company has a market capitalization of roughly $3.9 billion and trades well below its 52-week high of $143.16.

Recent Earnings

AXT, Inc. (AXTI) reported trailing twelve month revenue of $125.5 million and basic earnings per share of $0.04. The company posted a net margin of 3.2% and a return on equity of 1.0%. Its next quarterly earnings report is scheduled for October 29, 2026.

Insider Buying and Selling at AXT, Inc.

Jesse Chen sold 6,172 shares on June 15, 2026, at an average price of $115.24 for a total value of $711,261.28. David C Chang, Director, sold 8,333 shares on June 15, 2026, at an average price of $111.17 for a total value of $926,392.00. Leonard J Leblanc, Director, sold 2,500 shares on August 7, 2026, with a total value of $221,425.00. Leonard J Leblanc, Director, sold 4,000 shares on August 17, 2026, at an average price of $96.07 for a total value of $384,280.00.

Analysts Set New Price Targets

On July 28, 2026, B. Riley Securities maintained a neutral rating while lowering its price target from $73.00 to $52.00. On July 31, 2026, B. Riley Securities maintained a neutral rating while raising its price target to $55.00 from $52.00. On July 31, 2026, Needham upgraded the stock to a buy rating with a $90.00 price target. Analyst coverage includes a mix of rating updates from 5 analysts with a mean price target of $91.60.

About AXT, Inc.

AXT, Inc. (AXTI) designs, develops, manufactures, and distributes compound and single element semiconductor substrates. These specialized materials are used in optoelectronic devices and high-frequency communications applications. The company operates facilities internationally to serve global chip makers and tech hardware providers.

Bottom Line

Investors will look toward the upcoming earnings release on October 29, 2026, for updated financial metrics. Additional regulatory filings will show whether institutional interest continues to grow.