Axon Enterprise, Inc $AXON Stock Bought by International Assets Investment Management LLC

International Assets Investment Management LLC lifted its holdings in shares of Axon Enterprise, Inc (NASDAQ:AXON) by 9,877.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 101,172 shares of the biotechnology company’s stock after acquiring an additional 100,158 shares during the quarter. Axon Enterprise makes up about 0.7% of International Assets Investment Management LLC’s portfolio, making the stock its 10th biggest holding. International Assets Investment Management LLC owned 0.12% of Axon Enterprise worth $42,747,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in AXON. M & L Capital Management Ltd acquired a new stake in Axon Enterprise during the 3rd quarter valued at $30,000. Keating Financial Advisory Services Inc. acquired a new position in shares of Axon Enterprise in the second quarter valued at $31,000. Wealth Enhancement Trust Services Inc. acquired a new position in shares of Axon Enterprise in the third quarter valued at $33,000. Putney Financial Group LLC acquired a new position in shares of Axon Enterprise in the third quarter valued at $36,000. Finally, Washington Trust Advisors Inc. raised its position in shares of Axon Enterprise by 1,300.0% in the second quarter. Washington Trust Advisors Inc. now owns 70 shares of the biotechnology company’s stock valued at $39,000 after purchasing an additional 65 shares during the period. 79.08% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Axon Enterprise

In other Axon Enterprise news, insider Jeffrey C. Kunins sold 9,605 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $626.70, for a total value of $6,019,453.50. Following the completion of the sale, the insider owned 97,761 shares of the company’s stock, valued at $61,266,818.70. The trade was a 8.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Joshua Isner sold 16,775 shares of the business’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $574.43, for a total transaction of $9,636,063.25. Following the completion of the sale, the president directly owned 296,974 shares of the company’s stock, valued at $170,590,774.82. This represents a 5.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 37,397 shares of company stock valued at $21,234,034 in the last three months. 4.20% of the stock is owned by insiders.

Key Stories Impacting Axon Enterprise

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

• Positive Sentiment: Q3 revenue reached a record $909 million, up 28% year over year, while software and services revenue rose 43%. Axon also reported AI annual recurring revenue above $100 million, signaling continued demand for its software and AI offerings. Axon Q3 results
• Neutral Sentiment: Axon committed an additional $1.2 billion to drone maker Skydio, bringing its stake to 37% and making it Skydio’s exclusive public-safety distributor in the U.S. and Canada. The move could expand Axon’s Drone as First Responder business, but its scale also raises investment and execution risks. Reuters: Axon invests in Skydio
• Negative Sentiment: Q3 adjusted earnings of $1.72 per share and revenue of $908.55 million fell short of analyst expectations. Axon’s 2026 revenue forecast was reduced to $3.6 billion from a consensus of about $3.7 billion; its Q4 revenue guidance also came in below estimates. The company cited delays in federal counter-drone projects, while margin pressure added to concerns. Zacks: Q3 miss and outlook
• Negative Sentiment: Several analysts lowered price targets after the results, and Craig Hallum downgraded AXON from Buy to Hold, adding to pressure on investor sentiment. Benzinga: analyst forecast changes
• Negative Sentiment: A class-action lawsuit over Axon’s license-plate surveillance practices is a potential additional legal and reputational overhang. Class-action announcement

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on AXON. Needham & Company LLC cut their target price on shares of Axon Enterprise from $750.00 to $500.00 and set a “buy” rating for the company in a research note on Friday. Argus upped their price target on shares of Axon Enterprise from $460.00 to $600.00 and gave the company a “buy” rating in a research note on Thursday, September 3rd. Barclays increased their price target on shares of Axon Enterprise from $523.00 to $688.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Weiss Ratings restated a “hold (c-)” rating on shares of Axon Enterprise in a research report on Tuesday. Finally, Piper Sandler restated an “overweight” rating and set a $540.00 price objective (down from $561.00) on shares of Axon Enterprise in a research report on Friday. Thirteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Axon Enterprise currently has a consensus rating of “Moderate Buy” and a consensus price target of $631.35.

Axon Enterprise Stock Performance

NASDAQ AXON traded down $69.56 on Friday, reaching $313.00. The stock had a trading volume of 5,224,684 shares, compared to its average volume of 975,165. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.15 and a quick ratio of 1.80. The company has a market cap of $25.43 billion, a P/E ratio of 100.32, a price-to-earnings-growth ratio of 8.09 and a beta of 1.48. The firm has a fifty day moving average of $441.53 and a two-hundred day moving average of $475.20. Axon Enterprise, Inc has a 1-year low of $307.00 and a 1-year high of $665.07.

Axon Enterprise (NASDAQ:AXON) last posted its earnings results on Thursday, November 5th. The biotechnology company reported $1.72 earnings per share for the quarter, missing analysts’ consensus estimates of $1.89 by ($0.17). The firm had revenue of $908.55 million for the quarter, compared to analyst estimates of $934.33 million. Axon Enterprise had a return on equity of 2.84% and a net margin of 6.19%. The firm’s quarterly revenue was up 27.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.17 EPS. On average, equities research analysts anticipate that Axon Enterprise, Inc will post 2.10 EPS for the current year.

About Axon Enterprise

Axon Enterprise develops technology and services for public safety agencies. Its products include TASER conducted-energy weapons, body-worn and in-car cameras, and related hardware designed to support law enforcement and other safety professionals.

The company also provides cloud-based software for managing digital evidence, records and operational workflows. Its Axon Evidence platform helps agencies store, organize and share video and other evidence, while its broader software offerings include tools for dispatch and records management.

Founded in 1993 as TASER International, the company adopted the name Axon Enterprise in 2017 as it expanded beyond conducted-energy weapons into connected devices and software.