First Heartland Consultants Inc. Invests $289,000 in Axon Enterprise, Inc. (NASDAQ:AXON)

First Heartland Consultants Inc. bought a new stake in Axon Enterprise, Inc. (NASDAQ:AXON) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 723 shares of the biotechnology company’s stock, valued at approximately $289,000.

Several other large investors have also recently added to or reduced their stakes in AXON. Blue Trust Inc. increased its stake in shares of Axon Enterprise by 987.5% during the 2nd quarter. Blue Trust Inc. now owns 87 shares of the biotechnology company’s stock valued at $27,000 after acquiring an additional 79 shares during the last quarter. Quent Capital LLC increased its position in Axon Enterprise by 1,875.0% during the third quarter. Quent Capital LLC now owns 79 shares of the biotechnology company’s stock worth $32,000 after purchasing an additional 75 shares during the last quarter. Asset Dedication LLC purchased a new position in Axon Enterprise during the second quarter worth approximately $47,000. Friedenthal Financial acquired a new position in shares of Axon Enterprise in the 3rd quarter valued at $51,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in shares of Axon Enterprise during the 2nd quarter valued at $59,000. 79.08% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Axon Enterprise

In other Axon Enterprise news, Director Jeri Williams sold 110 shares of the company’s stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of $400.00, for a total value of $44,000.00. Following the transaction, the director now directly owns 1,934 shares of the company’s stock, valued at $773,600. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other Axon Enterprise news, President Joshua Isner sold 25,811 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $359.84, for a total transaction of $9,287,830.24. Following the sale, the president now owns 228,166 shares in the company, valued at $82,103,253.44. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Jeri Williams sold 110 shares of Axon Enterprise stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of $400.00, for a total value of $44,000.00. Following the completion of the transaction, the director now owns 1,934 shares of the company’s stock, valued at approximately $773,600. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 389,172 shares of company stock worth $148,393,842 in the last 90 days. 6.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

AXON has been the topic of a number of research analyst reports. Barclays lifted their target price on Axon Enterprise from $381.00 to $387.00 and gave the company an “overweight” rating in a report on Wednesday, August 7th. JMP Securities boosted their target price on Axon Enterprise from $430.00 to $500.00 and gave the stock a “market outperform” rating in a report on Thursday, October 31st. Craig Hallum increased their target price on shares of Axon Enterprise from $370.00 to $376.00 and gave the stock a “buy” rating in a research report on Wednesday, August 7th. Northland Securities lifted their price target on shares of Axon Enterprise from $365.00 to $550.00 and gave the company an “outperform” rating in a research report on Monday. Finally, Bank of America began coverage on shares of Axon Enterprise in a research report on Wednesday, July 17th. They issued a “buy” rating and a $380.00 price objective for the company. Two analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $427.83.

Axon Enterprise Stock Up 1.0 %

Shares of Axon Enterprise stock opened at $601.29 on Thursday. Axon Enterprise, Inc. has a 1-year low of $220.51 and a 1-year high of $624.84. The company has a market capitalization of $45.85 billion, a PE ratio of 155.37, a P/E/G ratio of 14.95 and a beta of 0.94. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.96 and a quick ratio of 2.63. The business has a 50-day moving average of $428.90 and a 200-day moving average of $353.54.

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.