CreativeOne Wealth LLC Invests $2.57 Million in Axon Enterprise, Inc. (NASDAQ:AXON)

CreativeOne Wealth LLC purchased a new stake in shares of Axon Enterprise, Inc. (NASDAQ:AXON - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 4,319 shares of the biotechnology company's stock, valued at approximately $2,567,000.

Several other hedge funds also recently modified their holdings of AXON. New Wave Wealth Advisors LLC bought a new position in shares of Axon Enterprise during the 4th quarter valued at about $40,000. Y.D. More Investments Ltd acquired a new stake in Axon Enterprise during the fourth quarter valued at approximately $45,000. Stonebridge Financial Group LLC bought a new stake in Axon Enterprise during the fourth quarter worth approximately $53,000. GPS Wealth Strategies Group LLC grew its position in Axon Enterprise by 74.1% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 94 shares of the biotechnology company's stock worth $56,000 after buying an additional 40 shares during the last quarter. Finally, Versant Capital Management Inc increased its holdings in shares of Axon Enterprise by 4,750.0% in the fourth quarter. Versant Capital Management Inc now owns 97 shares of the biotechnology company's stock valued at $58,000 after buying an additional 95 shares in the last quarter. 79.08% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Axon Enterprise

In other Axon Enterprise news, Director Jeri Williams sold 307 shares of the company's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $552.72, for a total value of $169,685.04. Following the transaction, the director now directly owns 1,627 shares in the company, valued at $899,275.44. The trade was a 15.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 6.10% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Barclays restated a "hold" rating on shares of Axon Enterprise in a report on Monday, March 10th. The Goldman Sachs Group lifted their price target on Axon Enterprise from $500.00 to $700.00 and gave the stock a "buy" rating in a research note on Monday, January 27th. Craig Hallum lowered shares of Axon Enterprise from a "buy" rating to a "cautious" rating in a research note on Monday, March 10th. Northcoast Research lowered shares of Axon Enterprise from a "buy" rating to a "neutral" rating in a report on Wednesday, February 19th. Finally, JMP Securities reissued an "outperform" rating on shares of Axon Enterprise in a research note on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $626.45.

Axon Enterprise Stock Down 2.2 %

Shares of AXON stock traded down $12.32 during trading hours on Friday, hitting $559.53. 519,604 shares of the company were exchanged, compared to its average volume of 796,658. The company has a market capitalization of $42.87 billion, a PE ratio of 144.58, a PEG ratio of 5.17 and a beta of 1.13. Axon Enterprise, Inc. has a 52 week low of $273.52 and a 52 week high of $715.99. The business has a 50 day moving average of $556.27 and a two-hundred day moving average of $565.34. The company has a current ratio of 2.96, a quick ratio of 2.63 and a debt-to-equity ratio of 0.32.

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.