Valeo Financial Advisors LLC Has $644,000 Stock Holdings in Axon Enterprise, Inc. (NASDAQ:AXON)

Valeo Financial Advisors LLC lifted its position in Axon Enterprise, Inc. (NASDAQ:AXON) by 4.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,084 shares of the biotechnology company’s stock after purchasing an additional 43 shares during the period. Valeo Financial Advisors LLC’s holdings in Axon Enterprise were worth $644,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of AXON. Prestige Wealth Management Group LLC increased its stake in Axon Enterprise by 115.8% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 82 shares of the biotechnology company’s stock worth $33,000 after purchasing an additional 44 shares in the last quarter. New Wave Wealth Advisors LLC bought a new position in shares of Axon Enterprise in the fourth quarter valued at $40,000. Brooklyn Investment Group bought a new position in shares of Axon Enterprise in the third quarter valued at $41,000. Y.D. More Investments Ltd bought a new position in shares of Axon Enterprise in the fourth quarter valued at $45,000. Finally, Planning Capital Management Corp grew its stake in shares of Axon Enterprise by 83.3% in the third 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. 79.08% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

AXON has been the subject of several research reports. Northland Securities raised their price target on Axon Enterprise from $365.00 to $550.00 and gave the company an “outperform” rating in a report on Monday, November 11th. Needham & Company LLC lifted their target price on Axon Enterprise from $525.00 to $600.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Robert W. Baird lifted their target price on Axon Enterprise from $600.00 to $800.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. JMP Securities boosted their price target on Axon Enterprise from $610.00 to $725.00 and gave the company a “market outperform” rating in a research note on Tuesday, February 4th. Finally, TD Cowen started coverage on Axon Enterprise in a research note on Wednesday, January 8th. They issued a “buy” rating and a $700.00 price target for the company. One equities research analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat, Axon Enterprise presently has an average rating of “Moderate Buy” and a consensus price target of $542.15.

Insider Transactions at Axon Enterprise

In related news, Director Michael Garnreiter sold 1,000 shares of Axon Enterprise stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $639.69, for a total value of $639,690.00. Following the transaction, the director now directly owns 24,259 shares of the company’s stock, valued at $15,518,239.71. The trade was a 3.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Caitlin Elizabeth Kalinowski sold 450 shares of the 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 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 ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 8,711 shares of company stock worth $5,631,561. Insiders own 6.10% of the company’s stock.

Axon Enterprise Stock Performance

NASDAQ:AXON opened at $683.41 on Monday. The stock has a market cap of $52.11 billion, a P/E ratio of 176.59, a price-to-earnings-growth ratio of 6.79 and a beta of 1.05. 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 stock’s 50-day moving average is $623.22 and its 200-day moving average is $509.17. Axon Enterprise, Inc. has a 1-year low of $260.27 and a 1-year high of $698.67.

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.