Mn Services Vermogensbeheer B.V. Acquires 1,100 Shares of Axon Enterprise, Inc. (NASDAQ:AXON)

Mn Services Vermogensbeheer B.V. grew its stake in shares of Axon Enterprise, Inc. (NASDAQ:AXON) by 4.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,400 shares of the biotechnology company’s stock after buying an additional 1,100 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Axon Enterprise were worth $16,879,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Public Sector Pension Investment Board grew its position in Axon Enterprise by 19.2% during the 3rd quarter. Public Sector Pension Investment Board now owns 3,104 shares of the biotechnology company’s stock worth $1,240,000 after acquiring an additional 500 shares during the last quarter. CIBC Asset Management Inc boosted its stake in shares of Axon Enterprise by 9.2% during the third quarter. CIBC Asset Management Inc now owns 10,578 shares of the biotechnology company’s stock valued at $4,227,000 after purchasing an additional 895 shares during the period. Axxcess Wealth Management LLC bought a new position in shares of Axon Enterprise in the third quarter worth approximately $814,000. Soros Capital Management LLC purchased a new position in shares of Axon Enterprise in the third quarter worth $630,000. Finally, Friedenthal Financial raised its holdings in Axon Enterprise by 961.7% during the 4th quarter. Friedenthal Financial now owns 1,359 shares of the biotechnology company’s stock valued at $808,000 after buying an additional 1,231 shares during the last quarter. Hedge funds and other institutional investors own 79.08% of the company’s stock.

Insiders Place Their Bets

In other Axon Enterprise news, Director Caitlin Elizabeth Kalinowski sold 450 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $604.07, for a total transaction of $271,831.50. Following the completion of the sale, the director now directly owns 6,929 shares in the company, valued at approximately $4,185,601.03. The trade was a 6.10 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Joshua Isner sold 1,291 shares of the stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $642.43, for a total value of $829,377.13. Following the transaction, the president now directly owns 181,892 shares in the company, valued at $116,852,877.56. The trade was a 0.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 8,711 shares of company stock valued at $5,631,561. 5.70% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on AXON. The Goldman Sachs Group raised their price target on shares of Axon Enterprise from $500.00 to $700.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Barclays set a $726.00 price target on Axon Enterprise and gave the company an “overweight” rating in a report on Thursday. TD Cowen began coverage on Axon Enterprise in a research note on Wednesday, January 8th. They issued a “buy” rating and a $700.00 price target for the company. JMP Securities restated an “outperform” rating on shares of Axon Enterprise in a report on Tuesday, February 4th. Finally, Northcoast Research cut shares of Axon Enterprise from a “buy” rating to a “neutral” rating in a report on Wednesday, February 19th. Three research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $587.38.

Axon Enterprise Stock Down 8.2 %

AXON stock opened at $525.63 on Friday. The stock has a market capitalization of $40.08 billion, a P/E ratio of 135.82, a P/E/G ratio of 5.17 and a beta of 1.05. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.96 and a quick ratio of 2.63. Axon Enterprise, Inc. has a 1-year low of $273.52 and a 1-year high of $715.99. The business has a fifty day moving average price of $611.62 and a 200-day moving average price of $522.09.

Axon Enterprise Profile

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.