AXT INC

Ticker: AXTI CUSIP: 00246W103 Class: COM

D.A. DAVIDSON & CO.'s Holding History (CIK: 0001080107)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014

Shares 272,910 Value ($000) $764 Avg Close $2.46 Range $2.08 - $2.88

Q3 2014

Shares 272,910 Value ($000) $665 Avg Close $2.39 Range $2.04 - $3.04

Q2 2014

Shares 272,910 Value ($000) $584 Avg Close $2.19 Range $2.06 - $2.32

Q1 2014

Shares 272,910 Value ($000) $600 Avg Close $2.37 Range $2.20 - $2.67

Q4 2013

Shares 272,910 Value ($000) $712 Avg Close $2.34 Range $2.10 - $2.64

Q3 2013

Shares 232,500 Value ($000) $544 Avg Close $2.50 Range $2.27 - $2.86

Q2 2013

Shares 159,903 Value ($000) $431 Avg Close $2.79 Range $2.50 - $3.04

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	272,910	$764	$2.46	$2.08 - $2.88
Q3 2014	272,910	$665	$2.39	$2.04 - $3.04
Q2 2014	272,910	$584	$2.19	$2.06 - $2.32
Q1 2014	272,910	$600	$2.37	$2.20 - $2.67
Q4 2013	272,910	$712	$2.34	$2.10 - $2.64
Q3 2013	232,500	$544	$2.50	$2.27 - $2.86
Q2 2013	159,903	$431	$2.79	$2.50 - $3.04