<div id="readability-page-1"><p>Farther Finance Advisors LLC grew its stake in shares of  Axon Enterprise, Inc (NASDAQ:AXON - Free Report) by 1,299.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor  owned 6,758 shares of the biotechnology company's stock after purchasing an additional 6,275 shares during the quarter. Farther Finance Advisors LLC's holdings in Axon Enterprise were worth $5,596,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Axon Enterprise</strong> alerts:</span></p></div><ul><li>Why Axon's 16% Surge Signals a New Era in Public Safety Tech</li></ul><p>A number of other large investors have also modified their holdings of AXON. Brighton Jones LLC purchased a new stake in  Axon Enterprise during the 4th quarter worth $480,000.  Woodline Partners LP purchased a new position in  Axon Enterprise in the 4th quarter valued at about $2,929,000.  Waverly Advisors LLC acquired a new stake in shares of  Axon Enterprise during the fourth quarter valued at about $596,000.  Fourth Dimension Wealth LLC purchased a new stake in shares of  Axon Enterprise during the fourth quarter worth about $30,000.  Finally, GF Fund Management CO. LTD. acquired a new position in shares of  Axon Enterprise in the fourth quarter worth about $4,656,000. Institutional investors and hedge funds own  79.08% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><p>A number of brokerages have weighed in on AXON. Morgan Stanley  set a $885.00 price objective on Axon Enterprise and gave the company an &#34;overweight&#34; rating in a research note on Friday, July 11th. Needham &amp; Company LLC  set a $870.00 price target on shares of Axon Enterprise and gave the stock a &#34;buy&#34; rating in a research report on Tuesday, August 5th. Raymond James Financial  restated an &#34;outperform&#34; rating and issued a $855.00 price target (up previously from $645.00) on shares of Axon Enterprise in a research note on Tuesday, August 5th. JPMorgan Chase &amp; Co. boosted their target price on shares of Axon Enterprise from $730.00 to $850.00 and gave the stock an &#34;overweight&#34; rating in a research report on Thursday, July 17th. Finally, Zacks Research lowered shares of Axon Enterprise from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Tuesday, September 2nd. Thirteen analysts have rated the stock with a Buy rating and three have assigned  a Hold rating to the company. Based on data from MarketBeat.com, Axon Enterprise  has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $837.69.</p><ul><li>MarketBeat Week in Review – 06/02 - 06/06</li></ul><p><b>Read Our Latest Report on AXON</b></p><h2>Insider Transactions at Axon Enterprise</h2><p>In other news, Director Jeri Williams sold 100 shares of the business's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $752.54, for a total transaction of $75,254.00. Following the transaction, the director owned 1,416 shares in the company, valued at approximately $1,065,596.64. The trade was a 6.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Patrick W. Smith sold 10,000 shares of the business's stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $743.64, for a total value of $7,436,400.00. Following the sale, the chief executive officer owned 3,043,982 shares in the company, valued at approximately $2,263,626,774.48. This represents a 0.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 44,932 shares of company stock worth $34,408,816. Insiders own  4.40% of the company's stock. </p><h2>Axon Enterprise Price Performance</h2><ul><li>AXON: Competition Intensifies as Motorola Makes $4.4B Acquisition</li></ul><p>Shares of Axon Enterprise stock opened at $774.53 on Friday. The company has a current ratio of 2.95, a quick ratio of 2.71 and a debt-to-equity ratio of 0.63. The firm has a fifty day simple moving average of $759.97 and a 200-day simple moving average of $695.31. The stock has a market capitalization of $60.80 billion, a price-to-earnings ratio of 191.24, a PEG ratio of 28.43 and a beta of 1.40. Axon Enterprise, Inc has a 1-year low of $387.06 and a 1-year high of $885.91. </p><p>Axon Enterprise (NASDAQ:AXON - Get Free Report) last released its earnings results on Monday, August 4th. The biotechnology company reported $2.12 earnings per share for the quarter, topping analysts' consensus estimates of $1.54 by $0.58. The firm had revenue of $668.54 million during the quarter, compared to analyst estimates of $641.77 million. Axon Enterprise had a net margin of 13.64% and a return on equity of 6.80%. The business's revenue was up 32.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.20 EPS.  Axon Enterprise has set its FY 2025 guidance at  EPS. On average, sell-side analysts expect that  Axon Enterprise, Inc will post 5.8 earnings per share for the current year. </p><h2>Axon Enterprise Company Profile</h2> (Free Report)<p>Axon Enterprise, Inc develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally. It operates through two segments, Software and Sensors, and TASER. The company also offers hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence.</p><h2>See Also</h2><ul><li>Five stocks we like better than Axon Enterprise</li><li>What is the Shanghai Stock Exchange Composite Index?</li><li>Caterpillar Stock Hits All-Time High—Is There More Room to Run?</li><li>How to Choose Top Rated Stocks</li><li>Berkshire-Backed Lennar Slides After Weak Q3 Earnings</li><li>Investing in Travel Stocks Benefits</li><li>Analysts Turn Bullish on Hershey—Is Pepsi the Next Value Play?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVhPTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVhPTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Axon Enterprise Right Now?</h2><p>Before you consider Axon Enterprise, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Axon Enterprise wasn't on the list.</p><p>While Axon Enterprise currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

AXON

<p>Farther Finance Advisors LLC increased its stake in Axon Enterprise, Inc (NASDAQ:AXON) by 1,299.2% in Q2, owning 6,758 shares valued at $5.6 million. Other investors also acquired stakes in the company. Analysts have set new price targets, with Morgan Stanley at $885 and Needham at $870. Insider transactions included sales by Director Jeri Williams and CEO Patrick W. Smith. Axon shares opened at $774.53, with a market cap of $60.8 billion and a P/E ratio of 191.24. The company reported earnings of $2.12 per share, exceeding estimates.</p>

Axon Enterprise, Inc $AXON Shares Purchased by Farther Finance Advisors LLC