Axon Enterprise, Inc. (NASDAQ:AXON) President Joshua Isner Sells 20,000 Shares

Axon Enterprise, Inc. (NASDAQ:AXON) President Joshua Isner sold 20,000 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $606.15, for a total transaction of $12,123,000.00. Following the completion of the sale, the president now directly owns 208,166 shares of the company’s stock, valued at approximately $126,179,820.90. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Tuesday, September 10th, Joshua Isner sold 25,811 shares of Axon Enterprise stock. The stock was sold at an average price of $359.84, for a total value of $9,287,830.24.

Axon Enterprise Stock Performance

AXON opened at $601.29 on Thursday. The business has a 50 day moving average price of $428.90 and a two-hundred day moving average price of $353.54. Axon Enterprise, Inc. has a 1-year low of $220.51 and a 1-year high of $624.84. The company has a market capitalization of $45.85 billion, a price-to-earnings ratio of 155.37, a price-to-earnings-growth ratio of 14.95 and a beta of 0.94. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.96 and a quick ratio of 2.63.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Bank of America began coverage on Axon Enterprise in a research report on Wednesday, July 17th. They issued a “buy” rating and a $380.00 target price for the company. Needham & Company LLC upped their price target on Axon Enterprise from $525.00 to $600.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Northland Securities lifted their price objective on shares of Axon Enterprise from $365.00 to $550.00 and gave the company an “outperform” rating in a research report on Monday. Craig Hallum lifted their price objective on Axon Enterprise from $370.00 to $376.00 and gave the company a “buy” rating in a report on Wednesday, August 7th. Finally, Barclays boosted their target price on shares of Axon Enterprise from $381.00 to $387.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 7th. Two equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $427.83.

Institutional Trading of Axon Enterprise

Several large investors have recently added to or reduced their stakes in the company. Soros Capital Management LLC bought a new position in Axon Enterprise during the third quarter valued at about $630,000. Townsquare Capital LLC bought a new position in Axon Enterprise during the third quarter valued at about $261,000. Brooklyn Investment Group bought a new stake in Axon Enterprise in the 3rd quarter valued at $41,000. Quantbot Technologies LP acquired a new position in shares of Axon Enterprise in the 3rd quarter worth approximately $84,000. Finally, D.A. Davidson & CO. lifted its holdings in Axon Enterprise by 0.3% during the 3rd quarter. D.A. Davidson & CO. now owns 12,622 shares of the biotechnology company’s stock valued at $5,044,000 after purchasing an additional 44 shares during the last quarter. 79.08% of the stock is owned by institutional investors and hedge funds.

About Axon Enterprise

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.