Wilmington Savings Fund Society FSB decreased its position in shares of Axon Enterprise, Inc. (NASDAQ:AXON – Free Report) by 35.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,227 shares of the biotechnology company’s stock after selling 673 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Axon Enterprise were worth $729,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of AXON. Groupama Asset Managment bought a new stake in shares of Axon Enterprise during the third quarter worth about $200,000. Massachusetts Financial Services Co. MA bought a new stake in Axon Enterprise during the 3rd quarter worth approximately $120,553,000. International Assets Investment Management LLC acquired a new position in Axon Enterprise in the 3rd quarter valued at approximately $871,860,000. Westfield Capital Management Co. LP raised its stake in shares of Axon Enterprise by 12.2% during the third quarter. Westfield Capital Management Co. LP now owns 1,175,328 shares of the biotechnology company’s stock valued at $469,661,000 after acquiring an additional 127,769 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of Axon Enterprise by 328.7% during the fourth quarter. Assenagon Asset Management S.A. now owns 145,299 shares of the biotechnology company’s stock worth $86,354,000 after purchasing an additional 111,405 shares during the period. Institutional investors own 79.08% of the company’s stock.
Insider Buying and Selling at Axon Enterprise
In other Axon Enterprise news, Director Julie A. Cullivan sold 1,261 shares of the stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $682.06, for a total value of $860,077.66. Following the completion of the sale, the director now owns 2,392 shares in the company, valued at approximately $1,631,487.52. This trade represents a 34.52 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Caitlin Elizabeth Kalinowski sold 450 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $604.07, for a total value of $271,831.50. Following the completion of the transaction, the director now owns 6,929 shares in the company, 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. In the last 90 days, insiders sold 8,711 shares of company stock worth $5,631,561. 6.10% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
Get Our Latest Stock Report on Axon Enterprise
Axon Enterprise Stock Down 0.2 %
AXON stock opened at $677.85 on Tuesday. The company has a market cap of $51.69 billion, a P/E ratio of 175.16, a price-to-earnings-growth ratio of 6.79 and a beta of 1.05. Axon Enterprise, Inc. has a fifty-two week low of $255.68 and a fifty-two week high of $698.67. The stock’s 50 day simple moving average is $624.26 and its 200 day simple moving average is $498.90. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.63 and a current ratio of 2.96.
Axon Enterprise Company 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.
Further Reading
- Five stocks we like better than Axon Enterprise
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- Merck: 4 No-Brainer Reasons to Buy This Dip
- What is the S&P 500 and How It is Distinct from Other Indexes
- Ackman Announces Major Stake in Uber: Should You Follow His Lead?
- Using the MarketBeat Dividend Yield Calculator
- Wells Fargo Upgraded These 3 Stocks—Here’s Why They Stand Out
Receive News & Ratings for Axon Enterprise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Axon Enterprise and related companies with MarketBeat.com's FREE daily email newsletter.