AXT, based in Fremont, California, designs and manufactures semiconductor substrates, employing 1,456 people. Its products include InP, GaAs, and Ge substrates for applications in telecommunications, lighting, and solar cells.
Gary L Fischer sold 101,297 shares of AXTI on 13 November at $10.14 per share, worth a total of $1.0M. They now own 361,997 AXTI shares, or a 22% holding decrease.
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