Axon Enterprise, Inc. (NASDAQ:AXON) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its position in shares of Axon Enterprise, Inc. (NASDAQ:AXON - Free Report) by 18.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,927 shares of the biotechnology company's stock after selling 2,954 shares during the quarter. Yousif Capital Management LLC's holdings in Axon Enterprise were worth $3,339,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. BKM Wealth Management LLC bought a new stake in shares of Axon Enterprise during the fourth quarter worth $32,000. Key Financial Inc raised its holdings in shares of Axon Enterprise by 367.6% in the fourth quarter. Key Financial Inc now owns 159 shares of the biotechnology company's stock valued at $41,000 after acquiring an additional 125 shares in the last quarter. Lindbrook Capital LLC raised its holdings 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 valued at $44,000 after acquiring an additional 52 shares in the last quarter. Rakuten Securities Inc. bought a new stake in shares of Axon Enterprise in the fourth quarter valued at about $48,000. Finally, Provence Wealth Management Group bought a new stake in shares of Axon Enterprise in the third quarter valued at about $80,000. 79.08% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Barclays lifted their target price on Axon Enterprise from $296.00 to $308.00 and gave the company an "overweight" rating in a research note on Thursday, February 29th. Morgan Stanley lifted their target price on Axon Enterprise from $285.00 to $310.00 and gave the company an "equal weight" rating in a research note on Friday. The Goldman Sachs Group boosted their price target on Axon Enterprise from $297.00 to $339.00 and gave the stock a "buy" rating in a research note on Wednesday, February 28th. Needham & Company LLC restated a "buy" rating and set a $400.00 price target on shares of Axon Enterprise in a research note on Wednesday, April 24th. Finally, Robert W. Baird boosted their price target on Axon Enterprise from $260.00 to $300.00 and gave the stock an "outperform" rating in a research note on Thursday, February 22nd. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $314.91.

Axon Enterprise Stock Performance

NASDAQ AXON traded up $5.07 during trading hours on Monday, reaching $313.30. The stock had a trading volume of 336,173 shares, compared to its average volume of 465,949. The stock has a fifty day moving average of $305.09 and a 200 day moving average of $262.90. The stock has a market cap of $23.64 billion, a P/E ratio of 136.22 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. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.66 and a current ratio of 3.00.

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

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.