Enterprise

Chicago Equity Partners LLC Has $548,000 Stake in Axon Enterprise Inc (AAXN)


Chicago Equity Partners LLC grew its position in shares of Axon Enterprise Inc (NASDAQ:AAXN) by 253.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,530 shares of the industrial products company’s stock after purchasing an additional 8,980 shares during the period. Chicago Equity Partners LLC’s holdings in Axon Enterprise were worth $548,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC raised its stake in shares of Axon Enterprise by 1,515.0% during the third quarter. Steward Partners Investment Advisory LLC now owns 1,615 shares of the industrial products company’s stock valued at $111,000 after purchasing an additional 1,515 shares during the period. First Mercantile Trust Co. raised its stake in shares of Axon Enterprise by 100.0% during the third quarter. First Mercantile Trust Co. now owns 2,400 shares of the industrial products company’s stock valued at $164,000 after purchasing an additional 1,200 shares during the period. Trexquant Investment LP purchased a new stake in shares of Axon Enterprise during the third quarter valued at approximately $203,000. Stratos Wealth Partners LTD. purchased a new stake in shares of Axon Enterprise during the third quarter valued at approximately $204,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Axon Enterprise during the third quarter valued at approximately $205,000. Institutional investors own 80.61% of the company’s stock.

Shares of NASDAQ:AAXN opened at $55.81 on Wednesday. The firm has a market capitalization of $3.26 billion, a P/E ratio of 206.70, a P/E/G ratio of 3.49 and a beta of 0.97. Axon Enterprise Inc has a 12-month low of $27.19 and a 12-month high of $76.45.

In other Axon Enterprise news, CEO Patrick W. Smith sold 107,000 shares of the business’s stock in a transaction on Thursday, December 20th. The shares were sold at an average price of $42.27, for a total transaction of $4,522,890.00. Following the completion of the sale, the chief executive officer now owns 632,520 shares in the company, valued at $26,736,620.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Mark W. Kroll sold 3,100 shares of the business’s stock in a transaction on Sunday, December 16th. The shares were sold at an average price of $22.85, for a total transaction of $70,835.00. Following the sale, the director now owns 55,135 shares of the company’s stock, valued at approximately $1,259,834.75. The disclosure for this sale can be found here. 2.40% of the stock is currently owned by insiders.

AAXN has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upgraded shares of Axon Enterprise from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $66.00 to $68.00 in a research note on Thursday, November 8th. Morgan Stanley dropped their price target on shares of Axon Enterprise from $75.00 to $65.00 and set an “overweight” rating for the company in a research note on Monday, January 7th. ValuEngine upgraded shares of Axon Enterprise from a “buy” rating to a “strong-buy” rating in a research note on Monday, February 4th. BidaskClub upgraded shares of Axon Enterprise from a “buy” rating to a “strong-buy” rating in a research note on Thursday, January 10th. Finally, Robert W. Baird upgraded shares of Axon Enterprise from a “neutral” rating to an “outperform” rating in a research note on Friday, November 9th. Six investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and three have given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $63.18.

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About Axon Enterprise

Axon Enterprise, Inc develops, manufactures, and sells conducted electrical weapons (CEWs) worldwide. The company operates through two segments, TASER Weapons, and Software and Sensors. It offers TASER X26P and TASER X2 smart weapons for law enforcement; consumer CEWs; and replacement cartridges and consumables, as well as performance power magazines.

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

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