FISCHER GARY L

CFO Fischer sells 89,032 shares (89.0K) for $4,505,145.30 ($4.5M) across 2 transactions; company unprofitable, stock up 272.2% in 90 days

Gary L. Fischer, AXT's CFO, executed 2 separate sales totaling 89,032 shares for $4,505,145.30, reducing holdings by 31.8% from 280,310 to 191,278 shares. The timing follows exceptional recent price momentum: AXT gained 272.2% over 90 days and 99.6% over 30 days, with the blended sale price of $50.60 at or near the 52-week high of $48.86. However, Fischer's prior sales at this ticker show a pattern: his last 3 measurable sales (Nov 2025) each generated positive 90-day returns of +46.1%, +25.8%, and +49.6% respectively, meaning the stock rallied after each sale, indicating sub-optimal timing on those prior exits. His cross-ticker timing shows a 0.00% well-timed rate, suggesting his sells have not historically preceded declines. Against this backdrop, the company remains unprofitable (annual net income negative, latest quarter: $-1.9M), yet revenue grew 31.1% annually, creating a mixed fundamental picture that contextualizes the liquidation of a significant position by the CFO.

CFO Fischer sells 405.2K shares (59.1% of holdings) for $16.8M at $41.46 as AXTI runs +125.2% in 30 days

CFO Gary L Fischer divested 405,233 shares on 2026-03-02 at $41.46, reducing his stake by 59.1% to 280,310 shares and raising $16,798,934.02. The sale occurred after a dramatic 125.2% run over the prior 30 days and 263.8% over 90 days, placing the stock 9.8% below its 52-week high of $46.32. Notably, Fischer has executed three prior sells at AXTI, each followed by strong positive 90-day returns (ranging from +114.4% to +164.4%), indicating a consistent pattern of selling before rallies rather than declines. The company remains unprofitable (net income $-1.9M in the latest quarter) despite strong annual revenue growth of 31.1%, presenting a growth-at-a-loss profile. The timing and scale of this liquidation—occurring after substantial appreciation and against the backdrop of his poor 90-day sell-timing track record at this ticker—warrants investor attention to whether valuation extremes or other material developments are driving the decision.

CFO Fischer sells 101,297 shares of AXTI at $10.14 amid 90-day surge of +409.3%, reducing stake by -21.9%

Gary L Fischer, Chief Financial Officer of AXT Inc, sold 101,297 shares at $10.14 on 2025-11-13, reducing his holdings from 463,294 to 361,997 shares (a -21.9% reduction). This sale occurred following a dramatic 90-day price appreciation of +409.3% and a 30-day gain of +128.4%, with the stock trading at $10.44 currently, just 4.9% below its 52-week high of $10.98. Notably, Fischer executed two prior sales at this same ticker within the preceding week (on 2025-11-05 and 2025-11-04), signaling a pattern of consecutive liquidity events. The company remains unprofitable (net income: $-1,906,000.00 for the latest quarter; full-year net income was negative), despite strong top-line growth of +31.1% annually, creating a disconnect between near-term momentum and underlying operational performance.

CFO Gary Fischer sells 80,235 shares across 2 transactions for $707,782.86 at AXT Inc, retaining 485,969 shares post-sale

CFO Gary Fischer executed 2 separate sales totaling 80,235 shares for $707,782.86 at prices ranging from $8.09 to $9.21, reducing his holdings by 14.2%. This sale occurs as AXT Inc's stock has risen 68.5% over 30 days and 341.8% over 90 days, reaching its 52-week high of $9.10. Despite strong recent price appreciation, the company remains unprofitable with a net income of $-7.0M in its most recent full fiscal year, though annual revenue growth is positive at 31.1%. Fischer's substantial reduction in position size at elevated valuation levels occurs against a backdrop of operational losses, warranting observation of whether similar distribution activity continues.