Blair William & Co. IL Grows Stock Holdings in Axon Enterprise, Inc. (NASDAQ:AXON)

Blair William & Co. IL grew its holdings in Axon Enterprise, Inc. (NASDAQ:AXONFree Report) by 4.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 73,276 shares of the biotechnology company’s stock after buying an additional 2,888 shares during the period. Blair William & Co. IL owned 0.10% of Axon Enterprise worth $14,581,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Hollencrest Capital Management acquired a new stake in shares of Axon Enterprise in the first quarter valued at about $29,000. ICA Group Wealth Management LLC acquired a new stake in Axon Enterprise during the fourth quarter worth about $25,000. Jones Financial Companies Lllp acquired a new stake in Axon Enterprise during the second quarter worth about $30,000. First Capital Advisors Group LLC. acquired a new stake in Axon Enterprise during the second quarter worth about $33,000. Finally, Tyler Stone Wealth Management acquired a new stake in Axon Enterprise during the second quarter worth about $35,000. 76.52% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, President Joshua Isner sold 260 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $230.38, for a total value of $59,898.80. Following the completion of the transaction, the president now owns 356,229 shares of the company’s stock, valued at $82,068,037.02. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, insider Jeffrey C. Kunins sold 635 shares of Axon Enterprise stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $230.38, for a total value of $146,291.30. Following the completion of the transaction, the insider now owns 236,020 shares in the company, valued at $54,374,287.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Joshua Isner sold 260 shares of Axon Enterprise stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $230.38, for a total transaction of $59,898.80. Following the completion of the transaction, the president now owns 356,229 shares of the company’s stock, valued at approximately $82,068,037.02. The disclosure for this sale can be found here. Over the last quarter, insiders sold 44,176 shares of company stock valued at $11,017,910. 6.10% of the stock is currently owned by company insiders.

Axon Enterprise Trading Up 0.7 %

NASDAQ AXON opened at $270.98 on Friday. The firm has a 50 day simple moving average of $252.03 and a 200-day simple moving average of $222.86. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.78 and a current ratio of 3.15. Axon Enterprise, Inc. has a one year low of $175.37 and a one year high of $271.39. The firm has a market cap of $20.30 billion, a price-to-earnings ratio of 138.96 and a beta of 0.90.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Raymond James raised their price objective on shares of Axon Enterprise from $223.00 to $233.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 8th. Needham & Company LLC restated a “buy” rating and set a $240.00 price objective on shares of Axon Enterprise in a research report on Friday, February 2nd. TheStreet upgraded shares of Axon Enterprise from a “c” rating to a “b” rating in a research report on Tuesday, November 7th. JMP Securities increased their target price on shares of Axon Enterprise from $250.00 to $285.00 and gave the stock a “market outperform” rating in a research note on Tuesday, February 6th. Finally, Barclays increased their target price on shares of Axon Enterprise from $247.00 to $296.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 2nd. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, Axon Enterprise currently has a consensus rating of “Moderate Buy” and an average target price of $255.36.

Get Our Latest Research Report on AXON

Axon Enterprise Profile

(Free Report)

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, Software and Sensors, and TASER. 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

Institutional Ownership by Quarter for Axon Enterprise (NASDAQ:AXON)

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