AXT INC

Ticker: AXTI CUSIP: 00246W103 Class: COM

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

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

Q4 2025

Shares 31,707 Value ($000) $518 Avg Close $9.66 Range $4.00 - $17.25

Q4 2024

Shares 49,947 Value ($000) $108 Avg Close $2.27 Range $1.73 - $3.07

Q3 2024

Shares 25,413 Value ($000) $61 Avg Close $2.83 Range $2.00 - $4.03

Q2 2024

Shares 31,691 Value ($000) $107 Avg Close $3.50 Range $2.75 - $4.99

Q3 2022

Shares 61,442 Value ($000) $411 Avg Close $7.86 Range $5.57 - $9.94

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	31,707	$518	$9.66	$4.00 - $17.25
Q4 2024	49,947	$108	$2.27	$1.73 - $3.07
Q3 2024	25,413	$61	$2.83	$2.00 - $4.03
Q2 2024	31,691	$107	$3.50	$2.75 - $4.99
Q3 2022	61,442	$411	$7.86	$5.57 - $9.94