180 Wealth Advisors LLC lifted its holdings in Axon Enterprise, Inc (NASDAQ:AXON – Free Report) by 552.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,978 shares of the biotechnology company’s stock after buying an additional 3,368 shares during the period. 180 Wealth Advisors LLC’s holdings in Axon Enterprise were worth $2,259,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stone House Investment Management LLC acquired a new position in Axon Enterprise during the third quarter worth $29,000. New Millennium Group LLC acquired a new position in shares of Axon Enterprise during the 3rd quarter valued at about $29,000. Root Financial Partners LLC acquired a new position in shares of Axon Enterprise during the 3rd quarter valued at about $34,000. Darwin Wealth Management LLC purchased a new stake in shares of Axon Enterprise in the second quarter valued at about $37,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of Axon Enterprise in the second quarter valued at about $56,000. 79.08% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting Axon Enterprise
Here are the key news stories impacting Axon Enterprise this week:
- Positive Sentiment: Strong Software & Services momentum supports a higher-margin recurring revenue outlook—analyst write-ups highlight ~38% revenue growth and continued subscription expansion, which underpins long-term upside. Read More.
- Positive Sentiment: Earnings beat: Axon’s Feb. quarter topped estimates on EPS and revenue (revenue up ~38.5% YoY), reinforcing the growth narrative that many investors cite when valuing the stock. Read More.
- Positive Sentiment: Municipal procurement continues to drive hardware + software adoption—local grants (e.g., Decatur, IL) are cited as examples of steady demand for public-safety tech. Read More.
- Positive Sentiment: Institutional/coverage interest (features mentioning funds and “trending” status) can attract flows and boost liquidity, supporting the stock over time. Read More.
- Neutral Sentiment: Aggregator/“trending” articles raise awareness but are not direct fundamental catalysts; useful for retail/institutional interest but don’t change cash flows immediately. Read More.
- Neutral Sentiment: Short-interest data being reported as “0 shares” with NaN changes reads like a reporting error—treat as noise until exchanges/brokers clarify; not an actionable signal now.
- Negative Sentiment: Insider selling: Director Erika Nardini sold 198 shares (~$506.58 avg) and Director Jeri Williams sold 157 shares (~$490 avg) in mid‑March; while small in absolute dollars, these filings can dent sentiment. Read More. Read More.
- Negative Sentiment: Near-term skepticism: critical pieces noting a multi‑day losing streak and a sizable short-term market‑cap decline are amplifying caution and likely contributing to today’s pullback. Read More.
Analysts Set New Price Targets
Get Our Latest Research Report on AXON
Insiders Place Their Bets
In other Axon Enterprise news, Director Jeri Williams sold 157 shares of the company’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $490.00, for a total transaction of $76,930.00. Following the sale, the director owned 1,159 shares in the company, valued at $567,910. This represents a 11.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Erika Nardini sold 198 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $506.58, for a total value of $100,302.84. Following the completion of the sale, the director directly owned 1,946 shares in the company, valued at $985,804.68. This represents a 9.24% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 23,855 shares of company stock valued at $13,299,928. 5.70% of the stock is owned by company insiders.
Axon Enterprise Trading Down 1.2%
NASDAQ AXON opened at $496.12 on Monday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.29 and a current ratio of 2.53. The firm has a market cap of $39.89 billion, a price-to-earnings ratio of 326.39, a PEG ratio of 10.59 and a beta of 1.46. The firm has a 50 day simple moving average of $519.47 and a 200-day simple moving average of $599.45. Axon Enterprise, Inc has a one year low of $396.41 and a one year high of $885.91.
Axon Enterprise (NASDAQ:AXON – Get Free Report) last announced its earnings results on Tuesday, February 24th. The biotechnology company reported $2.15 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.55. The firm had revenue of $796.72 million for the quarter, compared to the consensus estimate of $755.29 million. Axon Enterprise had a net margin of 4.48% and a return on equity of 2.82%. The firm’s revenue for the quarter was up 38.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.08 EPS. Equities research analysts anticipate that Axon Enterprise, Inc will post 5.8 EPS for the current fiscal year.
About Axon Enterprise
Axon Enterprise, Inc develops technology and weapons systems for public safety and law enforcement agencies, combining hardware, software and cloud services. The company’s hardware portfolio includes conducted energy weapons (commonly known as TASER devices), body-worn cameras and in-car camera systems. Axon pairs these devices with a suite of connected products and accessories designed to capture, store and manage field evidence.
Beyond hardware, Axon operates a subscription-based software platform for digital evidence management, evidence review and records management.
Further Reading
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