100 Shares in Axon Enterprise, Inc. (NASDAQ:AXON) Acquired by CoreFirst Bank & Trust

CoreFirst Bank & Trust acquired a new stake in Axon Enterprise, Inc. (NASDAQ:AXON) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 100 shares of the biotechnology company’s stock, valued at approximately $59,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. raised its holdings in Axon Enterprise by 17.5% during the third quarter. PNC Financial Services Group Inc. now owns 5,627 shares of the biotechnology company’s stock worth $2,249,000 after purchasing an additional 840 shares in the last quarter. Great Valley Advisor Group Inc. lifted its stake in Axon Enterprise by 306.1% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,850 shares of the biotechnology company’s stock valued at $1,539,000 after buying an additional 2,902 shares in the last quarter. Penserra Capital Management LLC lifted its position in shares of Axon Enterprise by 12.6% in the third quarter. Penserra Capital Management LLC now owns 6,297 shares of the biotechnology company’s stock valued at $2,516,000 after acquiring an additional 706 shares in the last quarter. Daiwa Securities Group Inc. lifted its holdings in Axon Enterprise by 10.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 9,927 shares of the biotechnology company’s stock valued at $3,967,000 after purchasing an additional 973 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd lifted its stake in shares of Axon Enterprise by 3,792.2% during the third quarter. Harvest Fund Management Co. Ltd now owns 1,985 shares of the biotechnology company’s stock valued at $793,000 after buying an additional 1,934 shares during the period. Institutional investors and hedge funds own 79.08% of the company’s stock.

Insider Activity

In other Axon Enterprise news, Director Caitlin Elizabeth Kalinowski sold 450 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $604.07, for a total value of $271,831.50. Following the transaction, the director now owns 6,929 shares in the company, valued at $4,185,601.03. The trade was a 6.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Jeri Williams sold 307 shares of the firm’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $552.72, for a total value of $169,685.04. Following the sale, the director now directly owns 1,627 shares of the company’s stock, valued at $899,275.44. This trade represents a 15.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 6.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on AXON. Barclays reissued a “hold” rating on shares of Axon Enterprise in a research note on Monday, March 10th. JMP Securities reissued an “outperform” rating on shares of Axon Enterprise in a research report on Tuesday, February 4th. Craig Hallum lowered Axon Enterprise from a “buy” rating to a “cautious” rating in a research report on Monday, March 10th. Robert W. Baird upped their target price on Axon Enterprise from $600.00 to $800.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Finally, TD Cowen began coverage on shares of Axon Enterprise in a report on Wednesday, January 8th. They issued a “buy” rating and a $700.00 price objective for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $604.67.

Axon Enterprise Stock Up 0.8 %

Shares of Axon Enterprise stock opened at $577.18 on Wednesday. Axon Enterprise, Inc. has a 1 year low of $273.52 and a 1 year high of $715.99. The company has a market cap of $44.23 billion, a P/E ratio of 149.14, a P/E/G ratio of 5.17 and a beta of 1.12. The company has a current ratio of 2.96, a quick ratio of 2.63 and a debt-to-equity ratio of 0.32. The stock has a 50-day moving average price of $591.92 and a 200 day moving average price of $546.67.

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.