Heritage Wealth Management Inc. CA Grows Stock Holdings in Axon Enterprise, Inc. (NASDAQ:AXON)

Heritage Wealth Management Inc. CA lifted its position in shares of Axon Enterprise, Inc. (NASDAQ:AXON) by 5.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 713 shares of the biotechnology company’s stock after purchasing an additional 39 shares during the period. Heritage Wealth Management Inc. CA’s holdings in Axon Enterprise were worth $424,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. TIAA Trust National Association lifted its stake in Axon Enterprise by 15.1% in the fourth quarter. TIAA Trust National Association now owns 1,457 shares of the biotechnology company’s stock worth $866,000 after acquiring an additional 191 shares during the period. FineMark National Bank & Trust purchased a new stake in shares of Axon Enterprise in the 4th quarter worth about $255,000. Ashton Thomas Securities LLC boosted its stake in shares of Axon Enterprise by 1,097.9% during the 4th quarter. Ashton Thomas Securities LLC now owns 563 shares of the biotechnology company’s stock valued at $335,000 after purchasing an additional 516 shares in the last quarter. GQG Partners LLC purchased a new position in shares of Axon Enterprise during the fourth quarter valued at about $478,349,000. Finally, EFG Asset Management North America Corp. lifted its holdings in Axon Enterprise by 9.0% in the fourth quarter. EFG Asset Management North America Corp. now owns 8,577 shares of the biotechnology company’s stock worth $5,095,000 after buying an additional 706 shares during the period. 79.08% of the stock is owned by institutional investors.

Axon Enterprise Stock Up 2.2 %

Axon Enterprise stock opened at $572.52 on Tuesday. The firm has a market cap of $43.87 billion, a price-to-earnings ratio of 147.94, a PEG ratio of 5.17 and a beta of 1.12. 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, Inc. has a 12 month low of $273.52 and a 12 month high of $715.99. The stock has a fifty day simple moving average of $591.98 and a two-hundred day simple moving average of $545.11.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on AXON shares. Morgan Stanley upgraded Axon Enterprise from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $500.00 to $700.00 in a report on Tuesday, December 3rd. JMP Securities reiterated an “outperform” rating on shares of Axon Enterprise in a report on Tuesday, February 4th. Northcoast Research cut shares of Axon Enterprise from a “buy” rating to a “neutral” rating in a report on Wednesday, February 19th. The Goldman Sachs Group increased their price target on shares of Axon Enterprise from $500.00 to $700.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Finally, Craig Hallum lowered shares of Axon Enterprise from a “buy” rating to a “cautious” rating in a research note on Monday, March 10th. One analyst has rated the stock with a sell rating, two have given a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $604.67.

Insider Buying and Selling

In related news, Director Caitlin Elizabeth Kalinowski sold 450 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $604.07, for a total value of $271,831.50. Following the sale, the director now owns 6,929 shares in the company, valued at approximately $4,185,601.03. This trade represents a 6.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Jeri Williams sold 307 shares of the 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 disclosure for this sale can be found here. 6.10% of the stock is owned by corporate insiders.

Axon Enterprise Company 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.