Rhumbline Advisers Buys 2,701 Shares of Axon Enterprise, Inc $AXON

Rhumbline Advisers boosted its position in Axon Enterprise, Inc (NASDAQ:AXON) by 1.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 155,186 shares of the biotechnology company’s stock after purchasing an additional 2,701 shares during the period. Rhumbline Advisers owned about 0.20% of Axon Enterprise worth $111,368,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the company. Stone House Investment Management LLC bought a new position in shares of Axon Enterprise during the 3rd quarter worth $29,000. Whipplewood Advisors LLC lifted its holdings in Axon Enterprise by 192.9% during the second quarter. Whipplewood Advisors LLC now owns 41 shares of the biotechnology company’s stock valued at $34,000 after purchasing an additional 27 shares during the last quarter. Root Financial Partners LLC bought a new position in Axon Enterprise during the third quarter worth about $34,000. Darwin Wealth Management LLC purchased a new position in shares of Axon Enterprise in the second quarter worth about $37,000. Finally, NewSquare Capital LLC raised its position in shares of Axon Enterprise by 96.2% in the second quarter. NewSquare Capital LLC now owns 51 shares of the biotechnology company’s stock valued at $42,000 after purchasing an additional 25 shares during the period. 79.08% of the stock is owned by hedge funds and other institutional investors.

Key Axon Enterprise News

Here are the key news stories impacting Axon Enterprise this week:

• Positive Sentiment: RBC Capital reaffirmed its Buy rating on Axon, providing analyst support that can underpin the stock into the earnings release. RBC Capital Sticks to Their Buy Rating for Axon Enterprise (AXON)
• Positive Sentiment: Syracuse Common Council voted to install Axon license-plate readers despite pushback — a local deployment that supports recurring hardware/software revenues, though the vote drew protests. Syracuse Common Council votes to install Axon readers despite pushback
• Neutral Sentiment: Axon announced its Q4 2025 earnings date for Feb 24 after the close — a clear near-term catalyst that could swing the stock. Axon to Release Fourth Quarter 2025 Earnings on February 24, 2026
• Neutral Sentiment: Public filings show Advisors Asset Management trimmed a small position (2,132 shares) in Axon — a minor institutional sell that is unlikely to be a major directional force by itself. Advisors Asset Management Inc. Sells 2,132 Shares of Axon Enterprise, Inc $AXON
• Neutral Sentiment: Reported short-interest data in the feeds is effectively zero/uncertain (shows 0 shares and NaN changes) — not a reliable signal for current crowd positioning. Axon Enterprise (AXON) Sees a More Significant Dip Than Broader Market: Some Facts to Know
• Negative Sentiment: Broader negative sentiment in software stocks and commentary that Axon has fallen sharply in the sector sell-off are press headwinds; analysts note earnings-estimate revision trends may limit upside. Software Bear Market: 1 SaaS Stock To Buy Now, 1 To Avoid
• Negative Sentiment: Local protests and controversy around license-plate readers (coverage of meetings where protesters were removed) add political and reputational risk that could complicate municipal rollouts in some jurisdictions. Protesters removed from Syracuse Common Council meeting during vote on license plate readers

Insider Activity

In other Axon Enterprise news, CAO Jennifer H. Mak sold 1,134 shares of the stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $600.00, for a total transaction of $680,400.00. Following the transaction, the chief accounting officer directly owned 13,740 shares in the company, valued at $8,244,000. This trade represents a 7.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Patrick W. Smith sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $551.92, for a total transaction of $5,519,200.00. Following the completion of the sale, the chief executive officer owned 3,110,997 shares of the company’s stock, valued at approximately $1,717,021,464.24. The trade was a 0.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 48,040 shares of company stock worth $27,249,338. 4.40% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on AXON. Weiss Ratings restated a “hold (c-)” rating on shares of Axon Enterprise in a research note on Monday, December 29th. UBS Group cut their price target on Axon Enterprise from $840.00 to $610.00 and set a “neutral” rating for the company in a report on Wednesday, November 5th. The Goldman Sachs Group decreased their price objective on Axon Enterprise from $940.00 to $800.00 and set a “buy” rating on the stock in a research note on Wednesday, November 5th. William Blair restated an “outperform” rating on shares of Axon Enterprise in a research note on Tuesday, February 3rd. Finally, Wall Street Zen cut Axon Enterprise from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Fifteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Axon Enterprise has an average rating of “Moderate Buy” and a consensus price target of $805.71.

Axon Enterprise Stock Performance

Axon Enterprise stock opened at $434.45 on Thursday. The stock has a market cap of $34.28 billion, a P/E ratio of 137.48, a price-to-earnings-growth ratio of 13.46 and a beta of 1.48. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.89 and a current ratio of 3.12. Axon Enterprise, Inc has a fifty-two week low of $396.41 and a fifty-two week high of $885.91. The firm’s fifty day moving average price is $562.29 and its 200-day moving average price is $652.35.

Axon Enterprise Profile

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.