Axon Enterprise (AAXN) Raised to Buy at BidaskClub
BidaskClub upgraded shares of Axon Enterprise (NASDAQ:AAXN) from a hold rating to a buy rating in a research report report published on Tuesday morning.
Other equities analysts have also recently issued reports about the company. Dougherty & Co cut their price objective on Axon Enterprise from $36.00 to $33.00 and set a buy rating for the company in a report on Wednesday, November 8th. Zacks Investment Research upgraded Axon Enterprise from a hold rating to a buy rating and set a $26.00 price objective for the company in a report on Tuesday, October 31st. ValuEngine upgraded Axon Enterprise from a sell rating to a hold rating in a report on Friday, September 1st. Finally, Oppenheimer restated a hold rating on shares of Axon Enterprise in a report on Wednesday, November 8th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. The stock has an average rating of Hold and an average target price of $28.50.
Axon Enterprise (NASDAQ AAXN) opened at $26.35 on Tuesday. Axon Enterprise has a fifty-two week low of $20.57 and a fifty-two week high of $28.17. The stock has a market capitalization of $1,390.00, a PE ratio of 106.67, a PEG ratio of 7.06 and a beta of 1.19.
Large investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. bought a new position in shares of Axon Enterprise in the 2nd quarter worth approximately $102,000. Parallel Advisors LLC raised its position in shares of Axon Enterprise by 13.5% in the 2nd quarter. Parallel Advisors LLC now owns 4,200 shares of the industrial products company’s stock worth $103,000 after acquiring an additional 500 shares in the last quarter. Ameritas Investment Partners Inc. bought a new position in shares of Axon Enterprise in the 2nd quarter worth approximately $113,000. SG Americas Securities LLC bought a new position in shares of Axon Enterprise in the 2nd quarter worth approximately $118,000. Finally, FNY Partners Fund LP raised its position in shares of Axon Enterprise by 25.0% in the 2nd quarter. FNY Partners Fund LP now owns 5,000 shares of the industrial products company’s stock worth $125,000 after acquiring an additional 1,000 shares in the last quarter. 95.76% of the stock is owned by hedge funds and other institutional investors.
About Axon Enterprise
Axon Enterprise, Inc, formerly TASER International, Inc, is engaged in development, manufacture and sale of conducted electrical weapons (CEWs) for use by law enforcement, military, corrections and private security personnel, and by private individuals for personal defense. It is also engaged in development of connected wearable on-officer cameras.
Receive News & Ratings for Axon Enterprise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Axon Enterprise and related companies with MarketBeat.com's FREE daily email newsletter.