Gulf International Bank UK Ltd Has $3.27 Million Stock Holdings in Axon Enterprise, Inc. (NASDAQ:AXON)

Gulf International Bank UK Ltd decreased its stake in shares of Axon Enterprise, Inc. (NASDAQ:AXON) by 1.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 5,499 shares of the biotechnology company’s stock after selling 56 shares during the period. Gulf International Bank UK Ltd’s holdings in Axon Enterprise were worth $3,268,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Prestige Wealth Management Group LLC boosted its holdings in shares of Axon Enterprise by 115.8% during the third quarter. Prestige Wealth Management Group LLC now owns 82 shares of the biotechnology company’s stock worth $33,000 after acquiring an additional 44 shares during the period. New Wave Wealth Advisors LLC acquired a new stake in Axon Enterprise during the 4th quarter worth approximately $40,000. Brooklyn Investment Group bought a new stake in Axon Enterprise in the 3rd quarter valued at $41,000. Y.D. More Investments Ltd acquired a new position in Axon Enterprise in the 4th quarter valued at $45,000. Finally, Planning Capital Management Corp increased its position in Axon Enterprise by 83.3% during the 3rd quarter. Planning Capital Management Corp now owns 121 shares of the biotechnology company’s stock worth $48,000 after buying an additional 55 shares during the period. 79.08% of the stock is owned by institutional investors.

Insider Activity at Axon Enterprise

In other news, Director Julie A. Cullivan sold 1,261 shares of the company’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $682.06, for a total transaction of $860,077.66. Following the completion of the transaction, the director now directly owns 2,392 shares in the company, valued at approximately $1,631,487.52. This represents a 34.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Caitlin Elizabeth Kalinowski sold 450 shares of the stock in a transaction on Thursday, January 2nd. The shares were 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 of the company’s stock, 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. Insiders sold a total of 8,711 shares of company stock valued at $5,631,561 in the last quarter. Insiders own 5.70% of the company’s stock.

Axon Enterprise Stock Down 8.2 %

AXON stock opened at $525.63 on Friday. The stock has a market capitalization of $40.08 billion, a P/E ratio of 135.82, a price-to-earnings-growth ratio of 5.17 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 firm has a 50-day moving average price of $611.62 and a 200-day moving average price of $522.09. Axon Enterprise, Inc. has a 12 month low of $273.52 and a 12 month high of $715.99.

Analysts Set New Price Targets

AXON has been the subject of a number of recent research reports. Northland Securities boosted their target price on shares of Axon Enterprise from $365.00 to $550.00 and gave the company an “outperform” rating in a research report on Monday, November 11th. Craig Hallum downgraded shares of Axon Enterprise from a “buy” rating to a “hold” rating and set a $625.00 price objective for the company. in a report on Thursday, February 20th. Barclays set a $726.00 target price on shares of Axon Enterprise and gave the stock an “overweight” rating in a research report on Thursday. Robert W. Baird increased 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. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $600.00 price target on shares of Axon Enterprise in a research note on Wednesday. Three research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $587.38.

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.