Stifel Financial Corp Has $12.16 Million Holdings in Axon Enterprise, Inc. (NASDAQ:AXON)

Stifel Financial Corp reduced its stake in shares of Axon Enterprise, Inc. (NASDAQ:AXON) by 14.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,456 shares of the biotechnology company’s stock after selling 3,489 shares during the period. Stifel Financial Corp’s holdings in Axon Enterprise were worth $12,157,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in AXON. New Wave Wealth Advisors LLC acquired a new stake in Axon Enterprise in the 4th quarter valued at approximately $40,000. Y.D. More Investments Ltd acquired a new stake in Axon Enterprise in the 4th quarter worth $45,000. Stonebridge Financial Group LLC bought a new position in shares of Axon Enterprise during the 4th quarter worth about $53,000. GPS Wealth Strategies Group LLC raised its position in shares of Axon Enterprise by 74.1% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 94 shares of the biotechnology company’s stock valued at $56,000 after buying an additional 40 shares during the last quarter. Finally, Versant Capital Management Inc lifted its stake in shares of Axon Enterprise by 4,750.0% in the fourth quarter. Versant Capital Management Inc now owns 97 shares of the biotechnology company’s stock valued at $58,000 after buying an additional 95 shares during the period. Institutional investors and hedge funds own 79.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Northcoast Research downgraded shares of Axon Enterprise from a “buy” rating to a “neutral” rating in a report on Wednesday, February 19th. 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, February 26th. Craig Hallum lowered Axon Enterprise from a “buy” rating to a “cautious” rating in a research note on Monday, March 10th. The Goldman Sachs Group boosted their target price on shares of Axon Enterprise from $500.00 to $700.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Finally, TD Cowen started coverage on shares of Axon Enterprise in a research report on Wednesday, January 8th. They issued a “buy” rating and a $700.00 price target on the stock. One analyst has rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $626.45.

Axon Enterprise Trading Down 2.2 %

AXON stock opened at $559.53 on Friday. The company has a quick ratio of 2.63, a current ratio of 2.96 and a debt-to-equity ratio of 0.32. Axon Enterprise, Inc. has a twelve month low of $273.52 and a twelve month high of $715.99. The company has a market cap of $42.87 billion, a P/E ratio of 144.58, a PEG ratio of 5.17 and a beta of 1.13. The business has a fifty day moving average of $556.27 and a 200-day moving average of $565.34.

Insider Transactions at Axon Enterprise

In other Axon Enterprise news, Director Jeri Williams sold 307 shares of the company’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of $552.72, for a total transaction of $169,685.04. Following the completion of the sale, the director now owns 1,627 shares in the company, valued at approximately $899,275.44. The trade was a 15.87 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 6.10% of the stock is owned by corporate insiders.

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.