Insider Trends: AXT Insider Extends 90-Day Selling Trend
05:30 PM EDT, 05/07/2021 (MT Newswires) -- On May 05, 2021, Dr Morris S Young, Director and CEO, reported a sale of 39,550 shares in AXT (AXTI) for $382,468. Dr Young, following the transactions outlined in the Form 4 SEC filing, owns 1,690,589 company shares, with a market value, based on the prior-day closing price, of $16.1 million.
In the 90 days prior to the date of this filing, there have been 8 insider transactions reported to the SEC for AXT. These transactions came from the activities of 3 separate insiders that resulted in a net disposition of 40,000 company shares. This compares with the preceding 90-day window of time where there were 10 transactions from 2 insiders which resulted in the net disposition of 143,000 shares.
This is lower than the average level of insider transactions in the 82-company Semiconductors peer group over the last 90-day period. Activity in the peer group averaged 180.8 transactions per company, and disposition of 9,412 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1051627/000117911021005026/xslF345X03/edgar.xml
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