Bokf Na Has $2.95 Million Stock Holdings in Axon Enterprise, Inc. (NASDAQ:AXON)

Bokf Na boosted its position in shares of Axon Enterprise, Inc. (NASDAQ:AXON) by 52.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,465 shares of the biotechnology company’s stock after purchasing an additional 3,268 shares during the quarter. Bokf Na’s holdings in Axon Enterprise were worth $2,947,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. ING Groep NV grew its holdings in shares of Axon Enterprise by 9.3% in the 4th quarter. ING Groep NV now owns 9,643 shares of the biotechnology company’s stock valued at $2,491,000 after buying an additional 821 shares during the period. Avantax Advisory Services Inc. increased its holdings in shares of Axon Enterprise by 0.8% in the first quarter. Avantax Advisory Services Inc. now owns 5,302 shares of the biotechnology company’s stock worth $1,659,000 after acquiring an additional 40 shares in the last quarter. Vaughan Nelson Investment Management L.P. raised its position in shares of Axon Enterprise by 18.4% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 104,587 shares of the biotechnology company’s stock worth $27,019,000 after purchasing an additional 16,230 shares during the period. GSA Capital Partners LLP bought a new position in shares of Axon Enterprise during the 1st quarter valued at about $931,000. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its stake in Axon Enterprise by 14.8% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 170,376 shares of the biotechnology company’s stock worth $53,307,000 after purchasing an additional 22,013 shares in the last quarter. Institutional investors own 79.08% of the company’s stock.

Insiders Place Their Bets

In other Axon Enterprise news, Director Jeri Williams sold 308 shares of the stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $310.07, for a total transaction of $95,501.56. Following the transaction, the director now owns 1,607 shares in the company, valued at approximately $498,282.49. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, Director Jeri Williams sold 308 shares of the company’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $310.07, for a total transaction of $95,501.56. Following the completion of the sale, the director now directly owns 1,607 shares in the company, valued at approximately $498,282.49. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Jeffrey C. Kunins sold 43,668 shares of the stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $309.94, for a total value of $13,534,459.92. Following the sale, the insider now directly owns 189,719 shares in the company, valued at $58,801,506.86. The disclosure for this sale can be found here. Insiders sold 89,447 shares of company stock worth $27,684,677 over the last three months. Insiders own 6.10% of the company’s stock.

Axon Enterprise Stock Performance

Shares of Axon Enterprise stock traded up $0.51 during trading on Monday, hitting $311.10. 40,177 shares of the stock were exchanged, compared to its average volume of 485,542. The company has a current ratio of 2.91, a quick ratio of 2.55 and a debt-to-equity ratio of 0.37. The company has a fifty day moving average price of $294.49 and a 200-day moving average price of $292.33. Axon Enterprise, Inc. has a 1-year low of $175.37 and a 1-year high of $329.87. The stock has a market capitalization of $23.48 billion, a price-to-earnings ratio of 90.82, a price-to-earnings-growth ratio of 7.00 and a beta of 0.95.

Axon Enterprise (NASDAQ:AXON) last posted its earnings results on Friday, May 10th. The biotechnology company reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.20. Axon Enterprise had a net margin of 15.60% and a return on equity of 11.71%. The company had revenue of $460.74 million during the quarter, compared to analysts’ expectations of $441.57 million. During the same quarter last year, the company posted $0.51 EPS. Axon Enterprise’s quarterly revenue was up 34.3% compared to the same quarter last year. As a group, equities analysts predict that Axon Enterprise, Inc. will post 2.35 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on AXON. Jefferies Financial Group initiated coverage on shares of Axon Enterprise in a report on Wednesday, July 17th. They issued a “buy” rating and a $385.00 price target for the company. Craig Hallum upped their price objective on Axon Enterprise from $325.00 to $370.00 and gave the stock a “buy” rating in a research report on Tuesday, May 7th. 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 report on Friday, April 26th. Bank of America assumed coverage on Axon Enterprise in a research report on Wednesday, July 17th. They set a “buy” rating and a $380.00 price target for the company. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $400.00 price objective on shares of Axon Enterprise in a report on Tuesday, May 7th. Two investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $342.54.

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.