AXT, Inc. (AXTI) Is At $6.80 Formed Wedge; The Goldman Sachs Group, Inc. (GS) Had 15 Bullish Analysts

The Goldman Sachs Group, Inc. (NYSE:GS) Logo

Among 31 analysts covering Goldman Sachs Group Inc. (NYSE:GS), 15 have Buy rating, 1 Sell and 15 Hold. Therefore 48% are positive. Goldman Sachs Group Inc. had 102 analyst reports since July 21, 2015 according to SRatingsIntel. As per Monday, July 24, the company rating was downgraded by UBS. As per Monday, January 25, the company rating was upgraded by Nomura. The rating was upgraded by Citigroup on Wednesday, April 19 to “Neutral”. The firm earned “Buy” rating on Monday, August 24 by Vetr. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) has “Overweight” rating given on Tuesday, February 16 by JP Morgan. The company was maintained on Thursday, November 10 by Rafferty. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) earned “Buy” rating by UBS on Friday, February 5. Barclays Capital maintained the shares of GS in report on Thursday, January 18 with “Hold” rating. The company was maintained on Tuesday, October 17 by Keefe Bruyette & Woods. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) earned “Overweight” rating by Morgan Stanley on Friday, February 2. See The Goldman Sachs Group, Inc. (NYSE:GS) latest ratings:

10/04/2018 Broker: Bernstein Rating: Outperform New Target: $300 Initiates Coverage On
06/04/2018 Broker: Vining Sparks Rating: Buy New Target: $280.0000 Upgrade
26/03/2018 Broker: Oppenheimer Rating: Buy New Target: $280.0000 Maintain
22/03/2018 Broker: Wells Fargo Rating: Buy New Target: $330.0 Maintain
15/03/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $297 New Target: $302 Maintain
12/02/2018 Broker: Bank of America Rating: Buy New Target: $300.0
02/02/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $294 New Target: $297 Maintain
25/01/2018 Broker: Wells Fargo Old Rating: Outperform New Rating: Outperform Old Target: $295 New Target: $320 Maintain
17/01/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $260.0 Maintain
17/01/2018 Broker: BMO Capital Markets Rating: Hold New Target: $221.0 Maintain

AXT, Inc. (AXTI) formed wedge down with $6.32 target or 7.00% below today’s $6.80 share price. AXT, Inc. (AXTI) has $264.92M valuation. The stock decreased 5.56% or $0.4 during the last trading session, reaching $6.8. About 712,234 shares traded or 62.29% up from the average. AXT, Inc. (NASDAQ:AXTI) has risen 28.57% since April 17, 2017 and is uptrending. It has outperformed by 17.02% the S&P500.

Investors sentiment decreased to 1.14 in 2017 Q4. Its down 0.07, from 1.21 in 2017Q3. It dropped, as 8 investors sold AXT, Inc. shares while 34 reduced holdings. 22 funds opened positions while 26 raised stakes. 22.11 million shares or 5.71% less from 23.45 million shares in 2017Q3 were reported. Hancock Holdg Communications reported 157,967 shares. Us Retail Bank De holds 0% of its portfolio in AXT, Inc. (NASDAQ:AXTI) for 100 shares. Perritt Cap Management has invested 1.06% in AXT, Inc. (NASDAQ:AXTI). 16,900 were reported by Rmb Cap Management Limited Liability. Deutsche National Bank & Trust Ag has 84,280 shares. Macquarie Group Ltd reported 3,390 shares. Susquehanna Int Gru Llp owns 0% invested in AXT, Inc. (NASDAQ:AXTI) for 59,258 shares. Bridgeway Capital Inc invested in 274,906 shares or 0.03% of the stock. Mufg Americas Holdings reported 196 shares. Quantbot Techs Limited Partnership holds 0% or 3,687 shares. Moreover, Barclays Public Limited Com has 0% invested in AXT, Inc. (NASDAQ:AXTI) for 7,313 shares. Herald Inv Mngmt Ltd owns 150,000 shares. Pnc Fincl Serv Gru reported 11,800 shares or 0% of all its holdings. Hood River Cap Mngmt Ltd Liability Com has 1.39 million shares. Ameritas Ptnrs invested 0% of its portfolio in AXT, Inc. (NASDAQ:AXTI).

Analysts await AXT, Inc. (NASDAQ:AXTI) to report earnings on April, 25 after the close. They expect $0.06 earnings per share, up 200.00% or $0.04 from last year’s $0.02 per share. AXTI’s profit will be $2.34 million for 28.33 P/E if the $0.06 EPS becomes a reality. After $0.08 actual earnings per share reported by AXT, Inc. for the previous quarter, Wall Street now forecasts -25.00% negative EPS growth.

Among 8 analysts covering AXT Inc (NASDAQ:AXTI), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. AXT Inc had 17 analyst reports since December 9, 2015 according to SRatingsIntel. Needham maintained AXT, Inc. (NASDAQ:AXTI) rating on Thursday, February 23. Needham has “Buy” rating and $8.50 target. The rating was maintained by B. Riley & Co with “Neutral” on Thursday, February 22. The stock has “Buy” rating by Craig Hallum on Thursday, April 12. Needham maintained AXT, Inc. (NASDAQ:AXTI) rating on Thursday, October 26. Needham has “Buy” rating and $11.0 target. The firm earned “Neutral” rating on Thursday, October 26 by B. Riley & Co. Dougherty & Company initiated AXT, Inc. (NASDAQ:AXTI) rating on Monday, February 13. Dougherty & Company has “Buy” rating and $8 target. The rating was maintained by Northland Capital on Thursday, October 26 with “Buy”. Needham maintained AXT, Inc. (NASDAQ:AXTI) rating on Thursday, October 27. Needham has “Buy” rating and $6.50 target. The stock of AXT, Inc. (NASDAQ:AXTI) earned “Buy” rating by Northland Capital on Wednesday, September 6. The stock of AXT, Inc. (NASDAQ:AXTI) earned “Buy” rating by Craig Hallum on Tuesday, May 3.

The stock increased 0.77% or $1.96 during the last trading session, reaching $257.88. About 3.26 million shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 9.66% since April 17, 2017 and is uptrending. It has underperformed by 1.89% the S&P500.

Since October 18, 2017, it had 0 insider purchases, and 9 sales for $30.00 million activity. GNODDE RICHARD J had sold 4,951 shares worth $1.19M on Wednesday, October 18. CHAVEZ R. MARTIN had sold 11,829 shares worth $3.18 million on Wednesday, January 31. $4.40 million worth of The Goldman Sachs Group, Inc. (NYSE:GS) was sold by VINIAR DAVID A on Thursday, January 18. The insider SOLOMON DAVID M sold $5.77M. ROGERS JOHN F.W. had sold 4,400 shares worth $1.17M on Friday, February 23. SCHWARTZ HARVEY M sold $6.13 million worth of stock or 25,000 shares. The insider LEE BRIAN J sold 6,738 shares worth $1.78M.

The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management firm worldwide. The company has market cap of $97.74 billion. It operates through four divisions: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. It has a 28.63 P/E ratio. The Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, such as debt and equity underwriting of public offerings and private placements of various securities and other financial instruments, as well as derivative transactions with public and private sector clients.

Investors sentiment increased to 0.99 in 2017 Q4. Its up 0.24, from 0.75 in 2017Q3. It is positive, as 60 investors sold The Goldman Sachs Group, Inc. shares while 371 reduced holdings. 106 funds opened positions while 322 raised stakes. 268.85 million shares or 1.06% less from 271.74 million shares in 2017Q3 were reported. 1,592 are held by C M Bidwell And Associates. Parametric Port Associates Lc holds 948,954 shares or 0.24% of its portfolio. 1.10 million are held by Ubs Asset Americas. Adams Asset Advisors Ltd Co invested 0.04% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Japan-based Nomura Asset Management Ltd has invested 0.26% in The Goldman Sachs Group, Inc. (NYSE:GS). Moreover, Wealthcare Capital has 0% invested in The Goldman Sachs Group, Inc. (NYSE:GS). Loomis Sayles & Limited Partnership accumulated 304,376 shares. Alexandria Capital Limited Liability accumulated 29,770 shares or 1.11% of the stock. 8,880 are owned by Essex Fincl. Pacific Global Management Co owns 15,720 shares. Comm Bancorp stated it has 53,371 shares. 2.39 million were reported by Neuberger Berman Group Llc. Associated Banc has 4,690 shares for 0.06% of their portfolio. Guggenheim Ltd Liability holds 0.15% or 254,656 shares in its portfolio. Sandy Spring National Bank & Trust reported 599 shares or 0.01% of all its holdings.

The Goldman Sachs Group, Inc. (NYSE:GS) Institutional Positions Chart