Amalgamated Bank increased its holdings in shares of Axon Enterprise, Inc. (NASDAQ:AXON – Get Rating) by 2.9% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 50,315 shares of the biotechnology company’s stock after acquiring an additional 1,399 shares during the period. Amalgamated Bank’s holdings in Axon Enterprise were worth $6,930,000 as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of the business. American Trust acquired a new stake in shares of Axon Enterprise during the 1st quarter valued at about $413,000. Defender Capital LLC. lifted its stake in Axon Enterprise by 4.1% in the 1st quarter. Defender Capital LLC. now owns 107,810 shares of the biotechnology company’s stock valued at $15,022,000 after buying an additional 4,230 shares in the last quarter. Capital International Sarl purchased a new position in Axon Enterprise in the 1st quarter valued at about $2,376,000. Golden State Wealth Management LLC lifted its stake in Axon Enterprise by 4.0% in the 1st quarter. Golden State Wealth Management LLC now owns 6,172 shares of the biotechnology company’s stock valued at $850,000 after buying an additional 240 shares in the last quarter. Finally, Capital International Ltd. CA purchased a new position in Axon Enterprise in the 1st quarter valued at about $1,394,000. 78.44% of the stock is currently owned by institutional investors and hedge funds.
Axon Enterprise Stock Down 1.5 %
AXON stock opened at $118.34 on Monday. The firm has a market cap of $8.41 billion, a PE ratio of 60.69 and a beta of 0.64. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.35 and a current ratio of 2.70. The firm’s 50 day moving average price is $119.53 and its 200-day moving average price is $103.82. Axon Enterprise, Inc. has a one year low of $82.49 and a one year high of $209.00.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the stock. Barclays assumed coverage on shares of Axon Enterprise in a research note on Thursday. They issued an “overweight” rating and a $147.00 price target on the stock. Morgan Stanley lowered shares of Axon Enterprise from an “overweight” rating to an “equal weight” rating and set a $120.00 price target on the stock. in a research note on Monday, May 23rd. Robert W. Baird raised their price target on shares of Axon Enterprise from $130.00 to $150.00 and gave the company an “outperform” rating in a research note on Thursday, August 18th. Credit Suisse Group raised their target price on shares of Axon Enterprise from $134.00 to $142.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 10th. Finally, JMP Securities reissued a “buy” rating and issued a $195.00 target price on shares of Axon Enterprise in a research note on Wednesday, June 1st. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, Axon Enterprise has an average rating of “Moderate Buy” and an average target price of $164.22.
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, TASER, and Software and Sensors. 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.
- Get a free copy of the StockNews.com research report on Axon Enterprise (AXON)
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