The President of Axon Enterprise (AAXN) is Selling Shares

Today, the President of Axon Enterprise (AAXN), Luke Larson, sold shares of AAXN for $1.47M.

Following Luke Larson’s last AAXN Sell transaction on June 03, 2019, the stock climbed by 16.0%. In addition to Luke Larson, one other AAXN executive reported Sell trades in the last month.

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Based on Axon Enterprise’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $147 million and quarterly net profit of $4.07 million. In comparison, last year the company earned revenue of $116 million and had a net profit of $6.42 million. The company has a one-year high of $90.10 and a one-year low of $49.80. Currently, Axon Enterprise has an average volume of 878.04K.

Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $82.50, reflecting a 1.8% upside.

The insider sentiment on Axon Enterprise has been negative according to 46 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Axon Enterprise, Inc. engages in the development, manufacture, and sale of conducted electrical weapons for personal defense. It operates through the TASER Weapons and Software and Sensors segments. The TASER Weapons segment sells conducted electrical weapons, accessories, and other related products and services. The Software and Sensors segment includes devices, wearables, applications, cloud and mobile products. The company was founded by Patrick W. Smith and Thomas P. Smith on September 7, 1993 and is headquartered in Scottsdale, AZ.

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