Joshua Isner Sells 14,800 Shares of Axon Enterprise Inc (AAXN) Stock

Axon Enterprise Inc (NASDAQ:AAXN) CRO Joshua Isner sold 14,800 shares of the company’s stock in a transaction dated Tuesday, May 14th. The stock was sold at an average price of $65.00, for a total transaction of $962,000.00. Following the transaction, the executive now owns 21,233 shares of the company’s stock, valued at approximately $1,380,145. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

  • On Thursday, March 14th, Joshua Isner sold 1,000 shares of Axon Enterprise stock. The stock was sold at an average price of $47.85, for a total transaction of $47,850.00.
  • On Friday, March 1st, Joshua Isner sold 631 shares of Axon Enterprise stock. The stock was 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 stock was sold at an average price of $51.60, for a total transaction of $321,106.80.

Shares of AAXN opened at $65.41 on Thursday. The stock has a market capitalization of $3.83 billion, a P/E ratio of 130.82, a P/E/G ratio of 4.80 and a beta of 0.94. Axon Enterprise Inc has a 52-week low of $39.43 and a 52-week high of $76.45.

Axon Enterprise (NASDAQ:AAXN) last announced its earnings results on Thursday, May 9th. The industrial products company reported $0.11 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.07 by $0.04. The firm had revenue of $115.81 million during the quarter, compared to analyst estimates of $110.67 million. Axon Enterprise had a net margin of 5.22% and a return on equity of 4.93%. Axon Enterprise’s revenue was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.29 EPS. On average, equities analysts forecast that Axon Enterprise Inc will post 0.54 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in AAXN. Freestone Capital Holdings LLC bought a new position in shares of Axon Enterprise during the 1st quarter valued at about $5,446,000. Flagship Harbor Advisors LLC boosted its position in shares of Axon Enterprise by 324.1% during the 1st quarter. Flagship Harbor Advisors LLC now owns 564 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 431 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Axon Enterprise by 14.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,440 shares of the industrial products company’s stock valued at $133,000 after purchasing an additional 311 shares in the last quarter. Stephens Inc. AR boosted its position in shares of Axon Enterprise by 201.1% during the 1st quarter. Stephens Inc. AR now owns 2,845 shares of the industrial products company’s stock valued at $155,000 after purchasing an additional 1,900 shares in the last quarter. Finally, LS Investment Advisors LLC boosted its position in shares of Axon Enterprise by 22.7% during the 4th quarter. LS Investment Advisors LLC now owns 3,829 shares of the industrial products company’s stock valued at $168,000 after purchasing an additional 708 shares in the last quarter. Hedge funds and other institutional investors own 82.46% of the company’s stock.

AAXN has been the subject of several recent research reports. ValuEngine upgraded shares of Axon Enterprise from a “buy” rating to a “strong-buy” rating in a research report on Monday, February 4th. Northcoast Research upgraded shares of Axon Enterprise from a “neutral” rating to a “buy” rating and set a $63.00 price target for the company in a research report on Tuesday, March 19th. Dougherty & Co upgraded shares of Axon Enterprise from a “neutral” rating to a “buy” rating and set a $67.00 price target for the company in a research report on Friday, April 5th. Raymond James upgraded shares of Axon Enterprise from an “outperform” rating to a “strong-buy” rating in a research report on Monday, April 8th. Finally, Northland Securities restated a “buy” rating and set a $70.00 price target on shares of Axon Enterprise in a research report on Wednesday, February 27th. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and three have assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $70.08.

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Axon Enterprise Company Profile

Axon Enterprise, Inc develops, manufactures, and sells conducted energy weapons (CEWs) worldwide. The company operates through two segments, TASER and Software and Sensors. It offers TASER X26P, TASER X2, TASER 7, and TASER Pulse and Bolt CEWs; and related cartridges. The company also provides on-officer body cameras and Axon Fleet in-car video systems; and Axon Evidence connected software network; Axon Records cloud-based records management system; Axon Signal enabled devices; and computer-aided dispatch software, as well as Axon docks, cartridges, and batteries.

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