Axos Financial, Inc $AX Stock Holdings Increased by Fieldview Capital Management LLC

Fieldview Capital Management LLC boosted its holdings in shares of Axos Financial, Inc (NYSE:AX) by 27.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,312 shares of the company’s stock after purchasing an additional 9,731 shares during the period. Fieldview Capital Management LLC owned approximately 0.08% of Axos Financial worth $3,836,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Horizon Investment Services LLC lifted its position in shares of Axos Financial by 297.1% during the 3rd quarter. Horizon Investment Services LLC now owns 14,586 shares of the company’s stock valued at $1,235,000 after acquiring an additional 10,913 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of Axos Financial by 62.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 257,843 shares of the company’s stock worth $21,538,000 after acquiring an additional 99,042 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Axos Financial by 1.5% in the 3rd quarter. American Century Companies Inc. now owns 2,413,512 shares of the company’s stock worth $204,304,000 after acquiring an additional 35,391 shares during the last quarter. Argent Capital Management LLC grew its holdings in shares of Axos Financial by 36.7% in the 3rd quarter. Argent Capital Management LLC now owns 53,690 shares of the company’s stock worth $4,545,000 after acquiring an additional 14,415 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Axos Financial by 281.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 40,419 shares of the company’s stock worth $3,386,000 after purchasing an additional 29,833 shares during the period. 83.79% of the stock is currently owned by institutional investors.

Axos Financial Stock Down 2.3%

NYSE:AX opened at $86.21 on Monday. The firm has a market capitalization of $4.89 billion, a price-to-earnings ratio of 10.93 and a beta of 1.27. Axos Financial, Inc has a 1-year low of $54.46 and a 1-year high of $101.92. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.40. The business’s fifty day moving average price is $93.32 and its 200 day moving average price is $87.67.

Axos Financial (NYSE:AX) last announced its quarterly earnings data on Thursday, January 29th. The company reported $2.25 EPS for the quarter, topping analysts’ consensus estimates of $2.07 by $0.18. Axos Financial had a return on equity of 16.98% and a net margin of 22.66%.The firm had revenue of $385.09 million during the quarter, compared to analyst estimates of $345.89 million. During the same period last year, the company posted $1.82 EPS. The business’s quarterly revenue was up 25.1% compared to the same quarter last year. On average, sell-side analysts forecast that Axos Financial, Inc will post 7.22 earnings per share for the current fiscal year.

Insider Transactions at Axos Financial

In other Axos Financial news, EVP Derrick Walsh sold 4,846 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $101.21, for a total value of $490,463.66. Following the transaction, the executive vice president owned 37,936 shares in the company, valued at approximately $3,839,502.56. This represents a 11.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gregory Garrabrants sold 43,294 shares of the stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $99.10, for a total transaction of $4,290,435.40. Following the completion of the sale, the chief executive officer owned 1,418,751 shares of the company’s stock, valued at approximately $140,598,224.10. The trade was a 2.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 59,303 shares of company stock valued at $5,908,474 over the last three months. 4.85% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

AX has been the subject of a number of recent analyst reports. Jefferies Financial Group increased their price target on Axos Financial from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, January 30th. DA Davidson boosted their price objective on Axos Financial from $107.50 to $112.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Axos Financial in a report on Monday, December 29th. Zacks Research raised shares of Axos Financial from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 2nd. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Axos Financial from $100.00 to $110.00 and gave the company a “market perform” rating in a report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Axos Financial presently has an average rating of “Buy” and an average price target of $104.50.

Axos Financial Profile

Axos Financial, Inc (NYSE: AX) is a diversified online banking and financial services holding company headquartered in San Diego, California. The firm traces its origins to 1999 with the launch of Bank of Internet USA and rebranded as Axos Financial in December 2018 to reflect an expanded suite of digital offerings. Axos Financial operates through its wholly owned subsidiary, Axos Bank, providing a technology-driven banking platform that serves both retail and commercial clients across the United States.

Through its digital banking platform, Axos Financial delivers a range of deposit products, including checking and savings accounts, money market and certificate of deposit accounts, as well as individual retirement accounts.