B. Metzler seel. Sohn & Co. Holding AG Purchases Shares of 26,095 Axos Financial, Inc. (NYSE:AX)

B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Axos Financial, Inc. (NYSE:AX - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 26,095 shares of the company's stock, valued at approximately $1,641,000.

Other institutional investors have also modified their holdings of the company. Hollencrest Capital Management purchased a new position in shares of Axos Financial in the 2nd quarter valued at approximately $25,000. EntryPoint Capital LLC grew its position in Axos Financial by 816.7% in the 1st quarter. EntryPoint Capital LLC now owns 495 shares of the company's stock valued at $27,000 after buying an additional 441 shares during the last quarter. Kathleen S. Wright Associates Inc. acquired a new position in Axos Financial in the 3rd quarter valued at $27,000. Ashton Thomas Securities LLC purchased a new position in Axos Financial during the 3rd quarter worth $41,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of Axos Financial by 881.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 648 shares of the company's stock worth $41,000 after acquiring an additional 582 shares during the period. 83.79% of the stock is owned by institutional investors and hedge funds.

Axos Financial Price Performance

Shares of NYSE:AX traded up $2.54 during trading on Friday, hitting $84.66. 386,936 shares of the stock were exchanged, compared to its average volume of 597,011. Axos Financial, Inc. has a 12-month low of $36.93 and a 12-month high of $85.54. The company has a market cap of $4.83 billion, a PE ratio of 10.25 and a beta of 1.38. The company has a fifty day moving average price of $68.90 and a two-hundred day moving average price of $64.26. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.17.

Axos Financial (NYSE:AX - Get Free Report) last posted its earnings results on Wednesday, October 30th. The company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.16. The company had revenue of $512.87 million for the quarter, compared to analyst estimates of $299.59 million. Axos Financial had a return on equity of 18.99% and a net margin of 24.07%. During the same quarter in the prior year, the company earned $1.41 earnings per share. On average, analysts forecast that Axos Financial, Inc. will post 7.02 EPS for the current year.

Wall Street Analysts Forecast Growth

AX has been the topic of a number of recent analyst reports. StockNews.com lowered shares of Axos Financial from a "hold" rating to a "sell" rating in a research note on Wednesday, November 13th. Needham & Company LLC increased their target price on Axos Financial from $82.00 to $85.00 and gave the stock a "buy" rating in a research note on Thursday, October 31st. Wedbush reduced their price target on Axos Financial from $80.00 to $75.00 and set a "neutral" rating for the company in a report on Tuesday, September 24th. Piper Sandler upped their price objective on Axos Financial from $68.00 to $84.00 and gave the stock an "overweight" rating in a report on Wednesday, July 31st. Finally, Raymond James increased their price objective on Axos Financial from $67.00 to $81.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $79.80.

Insider Buying and Selling at Axos Financial

In related news, CEO Gregory Garrabrants sold 125,000 shares of the business's stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $81.89, for a total value of $10,236,250.00. Following the completion of the transaction, the chief executive officer now owns 1,340,377 shares of the company's stock, valued at approximately $109,763,472.53. The trade was a 8.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Edward James Ratinoff sold 4,002 shares of the firm's stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $79.41, for a total transaction of $317,798.82. Following the sale, the director now directly owns 46,209 shares in the company, valued at $3,669,456.69. This represents a 7.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 134,199 shares of company stock worth $10,882,135. 5.07% of the stock is owned by corporate insiders.

About Axos Financial

Axos Financial, Inc, together with its subsidiaries, provides consumer and business banking products in the United States. It operates through two segments, Banking Business and Securities Business. The company offers deposits products, including consumer and business checking, demand, savings, time deposit, money market, zero balance, and insured cash sweep accounts.