Hilltop National Bank trimmed its stake in shares of Axon Enterprise, Inc. (NASDAQ:AXON – Free Report) by 13.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 471 shares of the biotechnology company’s stock after selling 73 shares during the period. Hilltop National Bank’s holdings in Axon Enterprise were worth $280,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of AXON. Wealth Enhancement Advisory Services LLC lifted its holdings in Axon Enterprise by 1.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 12,607 shares of the biotechnology company’s stock valued at $7,493,000 after buying an additional 185 shares during the period. Range Financial Group LLC acquired a new stake in Axon Enterprise in the fourth quarter worth $291,000. Capital Market Strategies LLC raised its holdings in Axon Enterprise by 1.0% in the fourth quarter. Capital Market Strategies LLC now owns 2,826 shares of the biotechnology company’s stock worth $1,680,000 after purchasing an additional 29 shares during the period. Everence Capital Management Inc. raised its holdings in Axon Enterprise by 14.0% in the fourth quarter. Everence Capital Management Inc. now owns 1,550 shares of the biotechnology company’s stock worth $921,000 after purchasing an additional 190 shares during the period. Finally, GAMMA Investing LLC raised its holdings in Axon Enterprise by 32.0% in the fourth quarter. GAMMA Investing LLC now owns 1,300 shares of the biotechnology company’s stock worth $773,000 after purchasing an additional 315 shares during the period. 79.08% of the stock is currently owned by institutional investors and hedge funds.
Axon Enterprise Stock Down 1.3 %
Axon Enterprise stock opened at $570.00 on Friday. The firm has a market capitalization of $43.47 billion, a PE ratio of 147.29, a P/E/G ratio of 14.19 and a beta of 1.04. The company’s 50-day moving average is $604.40 and its 200-day moving average is $446.90. Axon Enterprise, Inc. has a fifty-two week low of $246.99 and a fifty-two week high of $698.67. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.96 and a quick ratio of 2.63.
Analyst Upgrades and Downgrades
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Insider Transactions at Axon Enterprise
In related news, President Joshua Isner sold 20,000 shares of Axon Enterprise stock in a transaction dated 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 owns 208,166 shares of the company’s stock, valued at approximately $126,179,820.90. The trade was a 8.77 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Caitlin Elizabeth Kalinowski sold 450 shares of Axon Enterprise stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $604.07, for a total transaction of $271,831.50. Following the sale, the director now directly owns 6,929 shares of the company’s stock, valued at $4,185,601.03. The trade was a 6.10 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 51,545 shares of company stock worth $31,159,317 in the last ninety days. Insiders own 6.10% of the company’s stock.
Axon Enterprise Profile
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.
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