Axon Enterprise, Inc. (NASDAQ:AXON) President Joshua Isner Sells 1,291 Shares

Axon Enterprise, Inc. (NASDAQ:AXON) President Joshua Isner sold 1,291 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $642.43, for a total value of $829,377.13. Following the completion of the transaction, the president now directly owns 181,892 shares of the company’s stock, valued at approximately $116,852,877.56. This trade represents a 0.70 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Joshua Isner also recently made the following trade(s):

• On Tuesday, November 12th, Joshua Isner sold 20,000 shares of Axon Enterprise stock. The shares were sold at an average price of $606.15, for a total transaction of $12,123,000.00.

Axon Enterprise Trading Down 4.1 %

Shares of Axon Enterprise stock opened at $609.96 on Thursday. Axon Enterprise, Inc. has a twelve month low of $241.72 and a twelve month high of $698.67. The company has a quick ratio of 2.63, a current ratio of 2.96 and a debt-to-equity ratio of 0.32. The business has a 50-day moving average price of $551.82 and a 200-day moving average price of $412.77. The firm has a market cap of $46.51 billion, a price-to-earnings ratio of 157.61, a PEG ratio of 14.19 and a beta of 1.01.

Institutional Trading of Axon Enterprise

Hedge funds have recently modified their holdings of the company. Brass Tax Wealth Management Inc. bought a new stake in Axon Enterprise in the third quarter worth $240,000. Oddo BHF Asset Management Sas bought a new stake in shares of Axon Enterprise in the 3rd quarter worth about $1,522,000. Denver PWM LLC raised its position in shares of Axon Enterprise by 69.7% during the 3rd quarter. Denver PWM LLC now owns 414 shares of the biotechnology company’s stock valued at $165,000 after buying an additional 170 shares in the last quarter. Tidal Investments LLC lifted its holdings in shares of Axon Enterprise by 13.8% in the 3rd quarter. Tidal Investments LLC now owns 3,250 shares of the biotechnology company’s stock valued at $1,299,000 after acquiring an additional 394 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in Axon Enterprise in the third quarter worth about $759,000. 79.08% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on AXON. Robert W. Baird boosted their target price on shares of Axon Enterprise from $600.00 to $800.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Morgan Stanley raised Axon Enterprise from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $500.00 to $700.00 in a report on Tuesday, December 3rd. Northland Securities boosted their price target on Axon Enterprise from $365.00 to $550.00 and gave the company an “outperform” rating in a research note on Monday, November 11th. JMP Securities increased their price objective on shares of Axon Enterprise from $430.00 to $500.00 and gave the stock a “market outperform” rating in a research note on Thursday, October 31st. Finally, Needham & Company LLC raised their price objective on shares of Axon Enterprise from $525.00 to $600.00 and gave the stock a “buy” rating in a report on Friday, November 8th. One analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $488.67.

Axon Enterprise Company 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.