756 Shares in Axon Enterprise, Inc. (NASDAQ:AXON) Purchased by Kingfisher Capital LLC

Kingfisher Capital LLC bought a new stake in Axon Enterprise, Inc. (NASDAQ:AXON) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 756 shares of the biotechnology company’s stock, valued at approximately $302,000.

Several other large investors have also modified their holdings of the business. Blue Trust Inc. lifted its position in Axon Enterprise by 987.5% during the second quarter. Blue Trust Inc. now owns 87 shares of the biotechnology company’s stock valued at $27,000 after acquiring an additional 79 shares during the last quarter. Quent Capital LLC boosted its stake in shares of Axon Enterprise by 1,875.0% during the 3rd quarter. Quent Capital LLC now owns 79 shares of the biotechnology company’s stock worth $32,000 after acquiring an additional 75 shares in the last quarter. Brooklyn Investment Group acquired a new stake in Axon Enterprise in the third quarter valued at approximately $41,000. Asset Dedication LLC purchased a new stake in Axon Enterprise in the 2nd quarter worth $47,000. Finally, Planning Capital Management Corp lifted its stake in Axon Enterprise by 83.3% in the 3rd quarter. Planning Capital Management Corp now owns 121 shares of the biotechnology company’s stock valued at $48,000 after buying an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 79.08% of the company’s stock.

Insider Activity at Axon Enterprise

In other Axon Enterprise news, Director Jeri Williams sold 110 shares of the company’s stock in a transaction dated Monday, September 30th. The shares were sold at an average price of $400.00, for a total transaction of $44,000.00. Following the completion of the sale, the director now directly owns 1,934 shares of the company’s stock, valued at approximately $773,600. This represents a 5.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Patrick W. Smith sold 75,000 shares of Axon Enterprise stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $356.53, for a total value of $26,739,750.00. Following the transaction, the chief executive officer now directly owns 2,970,366 shares in the company, valued at approximately $1,059,024,589.98. This trade represents a 2.46 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 210,256 shares of company stock worth $87,783,120 in the last ninety days. 6.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Needham & Company LLC raised their price target on shares of Axon Enterprise from $525.00 to $600.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. JMP Securities boosted their price objective on Axon Enterprise from $430.00 to $500.00 and gave the company a “market outperform” rating in a report on Thursday, October 31st. Northland Securities boosted their price target on shares of Axon Enterprise from $365.00 to $550.00 and gave the stock an “outperform” rating in a research note on Monday, November 11th. Barclays lifted their price target on shares of Axon Enterprise from $381.00 to $387.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 7th. Finally, Robert W. Baird increased their price objective on Axon Enterprise from $440.00 to $460.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Two analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, Axon Enterprise presently has an average rating of “Moderate Buy” and an average price target of $427.83.

Axon Enterprise Price Performance

Shares of NASDAQ AXON opened at $634.96 on Friday. Axon Enterprise, Inc. has a twelve month low of $224.28 and a twelve month high of $641.20. The business has a 50 day simple moving average of $478.27 and a 200-day simple moving average of $374.80. The company has a current ratio of 2.96, a quick ratio of 2.63 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $48.42 billion, a price-to-earnings ratio of 164.07, a price-to-earnings-growth ratio of 13.97 and a beta of 0.94.

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.