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29 /100
MEDIUM RISK
Score updated Oct 27, 2026

AXTI — AXT, Inc. Dilution Risk Tracker

Track AXTI dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

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As of October 27, 2026, AXT, Inc. (AXTI) has a DilutionWatch DilutionScore of 29/100, rated MEDIUM dilution risk. AXT, Inc. has a market capitalization of $3.63B, 65.57M shares outstanding, 197 institutional holders tracked.

This page includes automatically generated factual summaries from DilutionWatch data. It is not financial advice, not investment research, and not a recommendation. Do your own research. Read the full disclaimer and terms of service.

Score Breakdown

📋 Offering Ability
46
💰 Cash Runway
0
📊 Float Risk
35
⚠️ Warrant Exposure
15
🔄 Convertible Debt
15

Dilution Forecast

☀️
Clear
No significant dilution signals
model est. 0%
No significant dilution signals detected for AXTI.
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Market Data

Market Cap$3.63B
Shares Outstanding65.57M
Float48.83M
Cash$417.20M
Debt$84.23M
Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

FieldCurrent ValueBasis
DilutionScore29/100DilutionWatch score record
Shares Outstanding65.57MVerified float table or market cache
Public Float48.83MVerified float table or market cache
Market Cap$3.63BMarket data cache
Cash Runway197.3 monthsDilutionWatch score inputs
Shelf CapacityNone in current score inputsSEC-derived dilution fields
ATM CapacityNone in current score inputsSEC-derived dilution fields
Outstanding WarrantsNone in current score inputsSEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 5.

Recent SEC source mix: 4 3, 424B5 1, 8-K 1.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

AXTI SEC Filing Activity — Last 12 Months

Shares outstanding reported by AXTI on the cover page of its latest 10-K/10-Q: 65.57M as of August 03, 2026.

DilutionWatch recorded 5 registration or prospectus documents for AXTI (the filings through which shares are offered) in the last 12 months. Full filing list on SEC EDGAR →

FormWhat it isFilingsMost recent
S-3shelf registration2Apr 20, 2026
424B5prospectus supplement (ATM / shelf takedown)3Apr 20, 2026
8-Kcurrent report (material event)12Jul 22, 2026
10-Qquarterly report1May 14, 2026
DEF 14Aproxy statement1Mar 31, 2026
3initial insider ownership6Jul 27, 2026
5annual insider ownership33Aug 19, 2026

Institutional Holdings

QoQ: ↑ 69.0% shares (2026Q1 vs prior)
197 institutional holders · 47.31M shares
#1 E20 Capital Ltd 5.11M shares
#2 VANGUARD CAPITAL MANAGEMENT LLC 4.56M shares
#3 SUSQUEHANNA INTERNATIONAL GROUP, LLP 3.62M shares
+ 17 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest11.98M
Days to Cover1.4
% of Float24.5%
FINRA data as of Oct 15, 2026

Recent SEC Activity

8-K 8K EVENT 2026-04-21
424B5 ATM 2026-04-20
4 INSIDER TRANSACTION 2026-03-16
4 INSIDER TRANSACTION 2026-03-16
4 INSIDER TRANSACTION 2026-03-16
Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual AXTI Dilution Snapshot

AXT, Inc. (AXTI) has a DilutionScore of 29/100, rated Medium dilution risk. Score date: October 27, 2026.

This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.

DilutionScore History — Last 90 Days

AXTI's DilutionScore is currently 29/100 (Medium risk), with 3 score changes tracked over 89 days. The score improved from 28/100 (Medium risk).

Period Score Risk Level Duration
Oct 13 – Oct 27, 202629/100MEDIUM15 days
Sep 16 – Oct 12, 202628/100MEDIUM27 days
Aug 22 – Sep 15, 202629/100MEDIUM25 days
Jul 30 – Aug 21, 202628/100MEDIUM22 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Share Dilution History

AXTI shares outstanding have increased 18.4% from 55.27M (Mar 2026) to 65.42M (May 2026). Each increase represents potential dilution to existing shareholders.

Date Shares Outstanding Public Float Change
May 22, 202665.42M48.83M▼ 4.25%
May 18, 202665.42M51.00M▲ 0.27%
May 03, 202665.42M50.86M▼ 0.91%
Apr 26, 202664.14M51.32M▲ 13.41%
Mar 23, 202655.57M45.26M▲ 0.14%
Mar 21, 202655.57M45.19M▲ 20.32%
Mar 20, 202655.27M37.56M▲ 0.32%
Mar 14, 202655.27M37.44M▲ 0.18%
Mar 13, 202655.27M37.37M▲ 0.77%
Mar 09, 202655.27M37.09M▲ 0.14%
Mar 05, 202655.27M37.04M▲ 0.41%

Share counts sourced from verified regulatory filings. Increases indicate dilution events.

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