Axon Enterprise, Inc $AXON Shares Sold by Acadian Asset Management LLC

Market Beat
2025.09.14 08:56
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Acadian Asset Management LLC reduced its stake in Axon Enterprise, Inc (NASDAQ:AXON) by 25.6% in Q1, now holding 34,197 shares valued at $17.98 million. Other hedge funds adjusted their positions, with TCTC Holdings increasing its stake by 75%. Axon shares opened at $751.11, with a market cap of $58.96 billion. The company reported $2.12 EPS, exceeding estimates, and a revenue of $668.54 million, up 32.6% year-over-year. Analysts maintain a consensus rating of "Moderate Buy" with an average target price of $837.69.