Edmond DE Rothschild Holding S.A. Has $73,000 Holdings in Axon Enterprise, Inc. (NASDAQ:AXON)

Edmond DE Rothschild Holding S.A. lessened its position in shares of Axon Enterprise, Inc. (NASDAQ:AXON) by 99.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 122 shares of the biotechnology company’s stock after selling 209,878 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Axon Enterprise were worth $73,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. O Shaughnessy Asset Management LLC lifted its stake in shares of Axon Enterprise by 51.7% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 5,447 shares of the biotechnology company’s stock valued at $3,237,000 after purchasing an additional 1,856 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in Axon Enterprise by 697.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 7,357 shares of the biotechnology company’s stock valued at $4,372,000 after buying an additional 6,434 shares during the period. Strategy Asset Managers LLC bought a new position in shares of Axon Enterprise during the 4th quarter worth approximately $220,000. Allstate Corp acquired a new stake in shares of Axon Enterprise during the 4th quarter worth approximately $1,253,000. Finally, Level Four Advisory Services LLC increased its stake in shares of Axon Enterprise by 23.3% in the 4th quarter. Level Four Advisory Services LLC now owns 968 shares of the biotechnology company’s stock valued at $575,000 after acquiring an additional 183 shares in the last quarter. Institutional investors and hedge funds own 79.08% of the company’s stock.

Analyst Ratings Changes

AXON has been the topic of several research analyst reports. Needham & Company LLC reissued a “buy” rating and set a $600.00 target price on shares of Axon Enterprise in a research note on Wednesday, February 26th. The Goldman Sachs Group raised their target price on Axon Enterprise from $500.00 to $700.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Barclays reaffirmed a “hold” rating on shares of Axon Enterprise in a research note on Monday, March 10th. Northcoast Research cut Axon Enterprise from a “buy” rating to a “neutral” rating in a research note on Wednesday, February 19th. Finally, JMP Securities reaffirmed an “outperform” rating on shares of Axon Enterprise in a research report on Tuesday, February 4th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, Axon Enterprise presently has an average rating of “Moderate Buy” and an average target price of $604.67.

Insider Transactions at Axon Enterprise

In related news, Director Jeri Williams sold 307 shares of Axon Enterprise stock in a transaction on Monday, March 17th. The stock was sold at an average price of $552.72, for a total transaction of $169,685.04. Following the sale, the director now directly owns 1,627 shares in the company, valued at approximately $899,275.44. This trade represents a 15.87 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 6.10% of the company’s stock.

Axon Enterprise Stock Up 3.2 %

Axon Enterprise stock opened at $558.42 on Thursday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.63 and a current ratio of 2.96. The stock has a market cap of $42.79 billion, a PE ratio of 144.29, a price-to-earnings-growth ratio of 5.17 and a beta of 1.13. Axon Enterprise, Inc. has a fifty-two week low of $273.52 and a fifty-two week high of $715.99. The firm’s 50-day simple moving average is $585.99 and its 200 day simple moving average is $552.79.

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.