Axon Enterprise, Inc. (NASDAQ:AXON) Shares Sold by Duality Advisers LP

Duality Advisers LP lessened its position in Axon Enterprise, Inc. (NASDAQ:AXON - Free Report) by 34.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 8,370 shares of the biotechnology company's stock after selling 4,331 shares during the period. Duality Advisers LP's holdings in Axon Enterprise were worth $2,162,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of AXON. BKM Wealth Management LLC purchased a new position in Axon Enterprise in the 4th quarter valued at approximately $32,000. Key Financial Inc boosted its holdings in Axon Enterprise by 367.6% in the 4th quarter. Key Financial Inc now owns 159 shares of the biotechnology company's stock valued at $41,000 after purchasing an additional 125 shares during the period. Lindbrook Capital LLC raised its position in shares of Axon Enterprise by 43.3% in the fourth quarter. Lindbrook Capital LLC now owns 172 shares of the biotechnology company's stock worth $44,000 after buying an additional 52 shares in the last quarter. Rakuten Securities Inc. purchased a new position in Axon Enterprise during the fourth quarter worth about $48,000. Finally, Provence Wealth Management Group purchased a new position in Axon Enterprise during the third quarter worth about $80,000. Institutional investors own 79.08% of the company's stock.

Axon Enterprise Trading Up 0.1 %

NASDAQ:AXON traded up $0.19 during trading hours on Monday, hitting $293.80. The company had a trading volume of 513,461 shares, compared to its average volume of 470,772. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.00 and a quick ratio of 2.66. The stock has a 50-day moving average price of $301.41 and a 200 day moving average price of $259.57. The company has a market capitalization of $22.17 billion, a PE ratio of 127.74 and a beta of 0.93. Axon Enterprise, Inc. has a 52 week low of $175.37 and a 52 week high of $329.87.

Axon Enterprise (NASDAQ:AXON - Get Free Report) last announced its earnings results on Tuesday, February 27th. The biotechnology company reported $0.77 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.29. Axon Enterprise had a net margin of 11.14% and a return on equity of 14.11%. The firm had revenue of $432.14 million for the quarter, compared to analyst estimates of $418.97 million. On average, equities research analysts predict that Axon Enterprise, Inc. will post 2.44 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently weighed in on AXON. Needham & Company LLC upped their price objective on shares of Axon Enterprise from $315.00 to $400.00 and gave the stock a "buy" rating in a research report on Wednesday, April 10th. TheStreet cut Axon Enterprise from a "b" rating to a "c+" rating in a research note on Tuesday, February 27th. Barclays lifted their price target on Axon Enterprise from $296.00 to $308.00 and gave the stock an "overweight" rating in a research note on Thursday, February 29th. JMP Securities raised their price objective on Axon Enterprise from $250.00 to $285.00 and gave the company a "market outperform" rating in a report on Tuesday, February 6th. Finally, Argus assumed coverage on shares of Axon Enterprise in a research report on Wednesday, March 13th. They set a "buy" rating and a $380.00 price target on the stock. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Axon Enterprise has a consensus rating of "Moderate Buy" and a consensus price target of $312.64.

About Axon Enterprise

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.