Banco Bilbao Vizcaya Argentaria S.A. Sells 385 Shares of Axon Enterprise, Inc. (NASDAQ:AXON)

Banco Bilbao Vizcaya Argentaria S.A. lowered its position in shares of Axon Enterprise, Inc. (NASDAQ:AXON) by 15.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,085 shares of the biotechnology company’s stock after selling 385 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Axon Enterprise were worth $1,243,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of AXON. Wilmington Savings Fund Society FSB bought a new stake in Axon Enterprise during the 3rd quarter worth $759,000. Tidal Investments LLC grew its position in Axon Enterprise by 13.8% during the 3rd quarter. Tidal Investments LLC now owns 3,250 shares of the biotechnology company’s stock worth $1,299,000 after acquiring an additional 394 shares during the last quarter. Denver PWM LLC grew its position in Axon Enterprise by 69.7% during the 3rd quarter. Denver PWM LLC now owns 414 shares of the biotechnology company’s stock worth $165,000 after acquiring an additional 170 shares during the last quarter. Oddo BHF Asset Management Sas bought a new stake in Axon Enterprise during the 3rd quarter worth $1,522,000. Finally, Brass Tax Wealth Management Inc. acquired a new position in Axon Enterprise during the 3rd quarter worth about $240,000. Institutional investors own 79.08% of the company’s stock.

Insider Buying and Selling

In related news, Director Jeri Williams sold 307 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $552.72, for a total transaction of $169,685.04. Following the transaction, the director now directly owns 1,627 shares of the company’s stock, valued at approximately $899,275.44. This represents a 15.87 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Patrick W. Smith sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, April 21st. The stock was sold at an average price of $540.99, for a total value of $5,409,900.00. Following the sale, the chief executive officer now directly owns 3,063,982 shares of the company’s stock, valued at $1,657,583,622.18. This represents a 0.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 6.10% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts have commented on the company. Barclays reaffirmed a “hold” rating on shares of Axon Enterprise in a report on Monday, March 10th. The Goldman Sachs Group lifted their target price on Axon Enterprise from $500.00 to $700.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Craig Hallum downgraded Axon Enterprise from a “buy” rating to a “cautious” rating in a report on Monday, March 10th. Northcoast Research downgraded Axon Enterprise from a “buy” rating to a “neutral” rating in a report on Wednesday, February 19th. Finally, TD Cowen assumed coverage on Axon Enterprise in a report on Wednesday, January 8th. They set a “buy” rating and a $700.00 target price on the stock. One research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, Axon Enterprise currently has an average rating of “Moderate Buy” and a consensus target price of $626.45.

Axon Enterprise Stock Up 2.2 %

Shares of NASDAQ:AXON opened at $603.78 on Monday. The business’s 50-day moving average is $545.51 and its 200-day moving average is $572.68. Axon Enterprise, Inc. has a 1 year low of $273.52 and a 1 year high of $715.99. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.96 and a quick ratio of 2.63. The company has a market capitalization of $47.00 billion, a price-to-earnings ratio of 156.02, a P/E/G ratio of 5.17 and a beta of 1.13.

Axon Enterprise 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.