Axon Enterprise, Inc $AXON Stake Raised by J.Safra Asset Management Corp

J.Safra Asset Management Corp boosted its holdings in shares of Axon Enterprise, Inc (NASDAQ:AXON) by 45.1% in the second quarter, HoldingsChannel reports. The fund owned 3,367 shares of the biotechnology company’s stock after buying an additional 1,047 shares during the quarter. J.Safra Asset Management Corp’s holdings in Axon Enterprise were worth $1,888,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Darwin Wealth Management LLC acquired a new position in shares of Axon Enterprise in the 2nd quarter valued at about $37,000. Creative Financial Designs Inc. ADV acquired a new stake in shares of Axon Enterprise during the fourth quarter worth approximately $28,000. Camelot Portfolios LLC acquired a new stake in shares of Axon Enterprise during the fourth quarter worth approximately $30,000. AlphaCentric Advisors LLC purchased a new position in Axon Enterprise during the fourth quarter valued at approximately $34,000. Finally, Strive Financial Group LLC purchased a new position in Axon Enterprise during the fourth quarter valued at approximately $41,000. Hedge funds and other institutional investors own 79.08% of the company’s stock.

Insider Activity at Axon Enterprise

In related news, insider Elizabeth Reid Coughlin sold 1,554 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $485.00, for a total value of $753,690.00. Following the completion of the sale, the insider directly owned 34,024 shares in the company, valued at approximately $16,501,640. This represents a 4.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Isaiah Fields sold 2,000 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $400.00, for a total transaction of $800,000.00. Following the completion of the sale, the insider owned 52,813 shares of the company’s stock, valued at $21,125,200. This represents a 3.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 68,989 shares of company stock worth $36,016,932 over the last quarter. 4.20% of the stock is currently owned by corporate insiders.

Axon Enterprise News Roundup

Here are the key news stories impacting Axon Enterprise this week:

• Positive Sentiment: Axon reported quarterly earnings of $1.88 per share, exceeding the $1.84 consensus estimate, while revenue reached $904.4 million versus expectations of $876.4 million. Revenue increased 35.3% year over year, reinforcing the growth outlook for its public-safety technology, connected devices and software businesses. Axon Enterprise stock in focus after strong quarter
• Positive Sentiment: A Motley Fool article highlighted Axon as a category leader that continues to deliver double-digit revenue growth despite trading below its prior high, supporting the case for long-term investors willing to hold the stock for a decade. Two stocks to buy and hold for the next decade
• Positive Sentiment: Northland Securities raised its FY2027 EPS forecast to $6.49 from $5.53 and increased estimates for the first three quarters of 2027. The firm also lifted its Q3 2026 estimate to $1.01 from $0.85, signaling stronger anticipated earnings momentum beyond the current year.
• Neutral Sentiment: Northland’s revisions were mixed: it reduced its FY2026 EPS forecast to $3.12 from $3.26 and lowered Q4 2026 expectations to $1.29 from $1.55, while raising several 2027 forecasts. This suggests near-term execution concerns but improved longer-term expectations.
• Negative Sentiment: AXON’s valuation remains demanding, with a reported price-to-earnings ratio above 250 and a PEG ratio near 10. Strong growth is already reflected in the share price, leaving the stock vulnerable to profit-taking or disappointment if future results do not exceed elevated expectations.

Analyst Upgrades and Downgrades

AXON has been the subject of a number of research analyst reports. Royal Bank Of Canada reiterated an “outperform” rating on shares of Axon Enterprise in a research report on Tuesday, July 21st. Zacks Research cut shares of Axon Enterprise from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. Morgan Stanley upped their price target on shares of Axon Enterprise from $600.00 to $640.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Piper Sandler increased their price objective on Axon Enterprise from $724.00 to $732.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Finally, Barclays lifted their price objective on Axon Enterprise from $523.00 to $688.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Thirteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Axon Enterprise presently has an average rating of “Moderate Buy” and an average price target of $730.92.

Axon Enterprise Stock Performance

NASDAQ:AXON opened at $612.83 on Monday. The company has a market capitalization of $49.79 billion, a P/E ratio of 254.29, a P/E/G ratio of 9.95 and a beta of 1.39. The stock’s 50 day moving average price is $526.06 and its 200 day moving average price is $473.48. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.80 and a current ratio of 2.15. Axon Enterprise, Inc has a 52 week low of $339.01 and a 52 week high of $794.29.

Axon Enterprise (NASDAQ:AXON) last posted its earnings results on Tuesday, August 4th. The biotechnology company reported $1.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.84 by $0.04. The firm had revenue of $904.39 million during the quarter, compared to analysts’ expectations of $876.42 million. Axon Enterprise had a net margin of 6.19% and a return on equity of 2.84%. The company’s revenue was up 35.3% compared to the same quarter last year. During the same period in the previous year, the company earned $2.12 earnings per share. On average, research analysts forecast that Axon Enterprise, Inc will post 2.04 EPS for the current fiscal year.

Axon Enterprise Company Profile

Axon Enterprise, Inc develops technology and weapons systems for public safety and law enforcement agencies, combining hardware, software and cloud services. The company’s hardware portfolio includes conducted energy weapons (commonly known as TASER devices), body-worn cameras and in-car camera systems. Axon pairs these devices with a suite of connected products and accessories designed to capture, store and manage field evidence.

Beyond hardware, Axon operates a subscription-based software platform for digital evidence management, evidence review and records management.