State of New Jersey Common Pension Fund D Has $8.09 Million Stock Holdings in Axon Enterprise, Inc. (NASDAQ:AXON)

State of New Jersey Common Pension Fund D reduced its holdings in Axon Enterprise, Inc. (NASDAQ:AXONFree Report) by 1.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 40,628 shares of the biotechnology company’s stock after selling 604 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Axon Enterprise were worth $8,085,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. CWM LLC increased its stake in Axon Enterprise by 1.8% in the 3rd quarter. CWM LLC now owns 2,669 shares of the biotechnology company’s stock valued at $531,000 after buying an additional 46 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in shares of Axon Enterprise by 2.4% during the 1st quarter. Mercer Global Advisors Inc. ADV now owns 2,499 shares of the biotechnology company’s stock worth $562,000 after purchasing an additional 59 shares during the last quarter. Signaturefd LLC increased its stake in shares of Axon Enterprise by 16.1% during the 3rd quarter. Signaturefd LLC now owns 475 shares of the biotechnology company’s stock worth $95,000 after purchasing an additional 66 shares during the last quarter. O Shaughnessy Asset Management LLC increased its stake in shares of Axon Enterprise by 5.4% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,288 shares of the biotechnology company’s stock worth $290,000 after purchasing an additional 66 shares during the last quarter. Finally, Advisor Partners II LLC increased its stake in shares of Axon Enterprise by 2.6% during the 4th quarter. Advisor Partners II LLC now owns 2,632 shares of the biotechnology company’s stock worth $437,000 after purchasing an additional 66 shares during the last quarter. 76.52% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Axon Enterprise

In other Axon Enterprise news, President Joshua Isner sold 35,400 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $251.68, for a total value of $8,909,472.00. Following the completion of the sale, the president now owns 309,564 shares of the company’s stock, valued at approximately $77,911,067.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, President Joshua Isner sold 35,400 shares of the company’s stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $251.68, for a total transaction of $8,909,472.00. Following the completion of the sale, the president now owns 309,564 shares of the company’s stock, valued at approximately $77,911,067.52. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Jeffrey C. Kunins sold 1,796 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $253.46, for a total transaction of $455,214.16. Following the sale, the insider now directly owns 228,805 shares of the company’s stock, valued at approximately $57,992,915.30. The disclosure for this sale can be found here. Insiders sold 44,176 shares of company stock valued at $11,017,910 in the last quarter. Company insiders own 6.10% of the company’s stock.

Axon Enterprise Stock Performance

NASDAQ AXON opened at $270.98 on Monday. The company has a quick ratio of 2.78, a current ratio of 3.15 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $20.30 billion, a P/E ratio of 138.96 and a beta of 0.90. Axon Enterprise, Inc. has a 12-month low of $175.37 and a 12-month high of $271.39. The firm has a 50-day moving average price of $252.03 and a two-hundred day moving average price of $223.16.

Analyst Upgrades and Downgrades

AXON has been the topic of several recent analyst reports. JMP Securities boosted their price objective on shares of Axon Enterprise from $250.00 to $285.00 and gave the stock a “market outperform” rating in a research note on Tuesday, February 6th. Raymond James boosted their price objective on shares of Axon Enterprise from $223.00 to $233.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 8th. Barclays boosted their price objective on shares of Axon Enterprise from $247.00 to $296.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 2nd. TheStreet upgraded shares of Axon Enterprise from a “c” rating to a “b” rating in a research note on Tuesday, November 7th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $240.00 price target on shares of Axon Enterprise in a research note on Friday, February 2nd. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $255.36.

Read Our Latest Stock Report on Axon Enterprise

Axon Enterprise Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding AXON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Axon Enterprise, Inc. (NASDAQ:AXONFree Report).

Institutional Ownership by Quarter for Axon Enterprise (NASDAQ:AXON)

Receive News & Ratings for Axon Enterprise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Axon Enterprise and related companies with MarketBeat.com's FREE daily email newsletter.