Axon Enterprise, Inc. (NASDAQ:AXON – Get Rating) COO Joshua Isner sold 275 shares of the stock in a transaction dated Thursday, December 1st. The stock was sold at an average price of $177.96, for a total value of $48,939.00. Following the sale, the chief operating officer now owns 237,576 shares of the company's stock, valued at $42,279,024.96. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Axon Enterprise Stock Up 1.8 %
Shares of NASDAQ AXON traded up $3.28 during midday trading on Friday, hitting $188.83. 448,791 shares of the stock traded hands, compared to its average volume of 450,115. The company has a market cap of $13.44 billion, a PE ratio of 130.23 and a beta of 0.75. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.39 and a current ratio of 2.79. Axon Enterprise, Inc. has a one year low of $82.49 and a one year high of $193.85. The business has a 50 day moving average price of $153.04 and a two-hundred day moving average price of $127.18.
Get Axon Enterprise alerts:Wall Street Analysts Forecast Growth
AXON has been the subject of a number of recent analyst reports. Morgan Stanley increased their price target on Axon Enterprise from $120.00 to $130.00 and gave the stock an "equal weight" rating in a report on Wednesday, November 9th. Needham & Company LLC raised their target price on Axon Enterprise from $130.00 to $200.00 and gave the company a "buy" rating in a research note on Wednesday, November 9th. Barclays assumed coverage on Axon Enterprise in a report on Thursday, September 15th. They set an "overweight" rating and a $147.00 price objective for the company. Robert W. Baird boosted their price objective on Axon Enterprise to $170.00 in a report on Tuesday, November 15th. Finally, Credit Suisse Group boosted their price objective on Axon Enterprise from $142.00 to $152.00 and gave the company an "outperform" rating in a report on Wednesday, November 9th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $168.25.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the stock. American Trust boosted its position in shares of Axon Enterprise by 4.8% during the third quarter. American Trust now owns 4,400 shares of the biotechnology company's stock valued at $509,000 after buying an additional 200 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its position in shares of Axon Enterprise by 102.3% during the third quarter. B. Riley Wealth Advisors Inc. now owns 8,240 shares of the biotechnology company's stock valued at $954,000 after buying an additional 4,166 shares during the last quarter. Teachers Retirement System of The State of Kentucky purchased a new position in shares of Axon Enterprise during the third quarter valued at approximately $6,142,000. Balyasny Asset Management LLC purchased a new position in shares of Axon Enterprise during the third quarter valued at approximately $2,881,000. Finally, Neuberger Berman Group LLC boosted its position in shares of Axon Enterprise by 65.5% during the third quarter. Neuberger Berman Group LLC now owns 244,336 shares of the biotechnology company's stock valued at $28,282,000 after buying an additional 96,712 shares during the last quarter. Hedge funds and other institutional investors own 78.44% of the company's stock.Axon Enterprise Company Profile
(Get Rating)
Axon Enterprise, Inc develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally. It operates through two segments, TASER, and Software and Sensors. The company also offers hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence.
Further Reading
- Get a free copy of the StockNews.com research report on Axon Enterprise (AXON)
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