Axon Enterprise Inc (AAXN) CRO Sells $47,850.00 in Stock

Axon Enterprise Inc (NASDAQ:AAXN) CRO Joshua Isner sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $47.85, for a total transaction of $47,850.00. Following the completion of the transaction, the executive now owns 36,033 shares in the company, valued at approximately $1,724,179.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Friday, March 1st, Joshua Isner sold 631 shares of Axon Enterprise stock. The shares were sold at an average price of $53.53, for a total transaction of $33,777.43.
  • On Tuesday, March 5th, Joshua Isner sold 6,223 shares of Axon Enterprise stock. The shares were sold at an average price of $51.60, for a total transaction of $321,106.80.

Shares of AAXN stock traded up $0.91 during mid-day trading on Friday, reaching $47.96. 1,481,597 shares of the company were exchanged, compared to its average volume of 625,329. Axon Enterprise Inc has a fifty-two week low of $37.11 and a fifty-two week high of $76.45. The company has a market capitalization of $2.77 billion, a P/E ratio of 95.92, a PEG ratio of 3.66 and a beta of 0.89.

Axon Enterprise (NASDAQ:AAXN) last released its quarterly earnings results on Tuesday, February 26th. The industrial products company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). Axon Enterprise had a return on equity of 7.43% and a net margin of 6.95%. The company had revenue of $114.79 million for the quarter, compared to analyst estimates of $104.03 million. During the same period in the previous year, the business posted $0.17 EPS. The firm’s quarterly revenue was up 21.3% compared to the same quarter last year. On average, research analysts forecast that Axon Enterprise Inc will post 0.53 EPS for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. grew its position in shares of Axon Enterprise by 1.5% during the fourth quarter. BlackRock Inc. now owns 9,878,397 shares of the industrial products company’s stock worth $432,180,000 after buying an additional 150,189 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Axon Enterprise by 3.9% during the third quarter. Vanguard Group Inc. now owns 6,322,470 shares of the industrial products company’s stock worth $432,647,000 after buying an additional 238,066 shares in the last quarter. Vanguard Group Inc grew its position in shares of Axon Enterprise by 3.9% during the third quarter. Vanguard Group Inc now owns 6,322,470 shares of the industrial products company’s stock worth $432,647,000 after buying an additional 238,066 shares in the last quarter. Villere ST Denis J & Co. LLC grew its position in shares of Axon Enterprise by 25.7% during the fourth quarter. Villere ST Denis J & Co. LLC now owns 1,395,144 shares of the industrial products company’s stock worth $61,037,000 after buying an additional 284,945 shares in the last quarter. Finally, Victory Capital Management Inc. grew its position in shares of Axon Enterprise by 116.2% during the fourth quarter. Victory Capital Management Inc. now owns 797,232 shares of the industrial products company’s stock worth $34,879,000 after buying an additional 428,547 shares in the last quarter. 79.17% of the stock is owned by institutional investors and hedge funds.

A number of analysts have recently issued reports on the stock. BidaskClub lowered shares of Axon Enterprise from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 9th. Zacks Investment Research lowered shares of Axon Enterprise from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. Northland Securities reiterated a “buy” rating and set a $70.00 price objective on shares of Axon Enterprise in a research note on Wednesday, February 27th. ValuEngine lowered shares of Axon Enterprise from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 4th. Finally, Morgan Stanley dropped their price objective on shares of Axon Enterprise from $75.00 to $65.00 and set an “overweight” rating on the stock in a research note on Monday, January 7th. Six equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Axon Enterprise has an average rating of “Buy” and an average price target of $68.90.

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Axon Enterprise Company Profile

Axon Enterprise, Inc develops, manufactures, and sells conducted electrical weapons (CEWs) worldwide. The company operates through two segments, TASER Weapons, and Software and Sensors. It offers TASER X26P and TASER X2 smart weapons for law enforcement; consumer CEWs; and replacement cartridges and consumables, as well as performance power magazines.

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Insider Buying and Selling by Quarter for Axon Enterprise (NASDAQ:AAXN)

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