<div id="readability-page-1"><p>Assenagon Asset Management S.A. trimmed its holdings in  Axos Financial, Inc (NYSE:AX - Free Report) by 57.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,898 shares of the company's stock after selling 30,320 shares during the quarter. Assenagon Asset Management S.A.'s holdings in Axos Financial were worth $1,938,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Axos Financial</strong> alerts:</span></p></div><ul><li>This ETF Caught a Major Tailwind After the Fed’s Rate Cut</li></ul><p>Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AX. Horizon Investment Services LLC purchased a new stake in  Axos Financial in the 2nd quarter valued at approximately $279,000.  CWM LLC raised its stake in shares of  Axos Financial by 32.8% during the 2nd quarter. CWM LLC now owns 10,233 shares of the company's stock worth $778,000 after buying an additional 2,527 shares in the last quarter.  Allspring Global Investments Holdings LLC lifted its holdings in shares of  Axos Financial by 33.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 158,801 shares of the company's stock valued at $12,437,000 after buying an additional 39,515 shares during the period.  Truist Financial Corp boosted its stake in shares of  Axos Financial by 24.5% in the second quarter. Truist Financial Corp now owns 12,483 shares of the company's stock valued at $949,000 after buying an additional 2,457 shares in the last quarter.  Finally, Envestnet Asset Management Inc. boosted its stake in shares of  Axos Financial by 26.1% in the second quarter. Envestnet Asset Management Inc. now owns 63,533 shares of the company's stock valued at $4,831,000 after buying an additional 13,131 shares in the last quarter. 83.79% of the stock is owned by hedge funds and other institutional investors. </p><h2>Axos Financial Stock Performance</h2><p>Axos Financial stock opened at $88.59 on Wednesday. Axos Financial, Inc has a fifty-two week low of $54.46 and a fifty-two week high of $93.84. The company has a market capitalization of $5.02 billion, a price-to-earnings ratio of 11.86 and a beta of 1.28. The stock has a fifty day moving average of $81.64 and a two-hundred day moving average of $83.35. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.12 and a current ratio of 1.12. </p><ul><li>Is American Express the Credit Stock For a K-Shaped Economy?</li></ul><p>Axos Financial (NYSE:AX - Get Free Report) last posted its quarterly earnings data on Thursday, October 30th. The company reported $2.07 EPS for the quarter, beating analysts' consensus estimates of $1.86 by $0.21. The business had revenue of $323.39 million for the quarter, compared to analyst estimates of $319.96 million. Axos Financial had a return on equity of 16.72% and a net margin of 22.41%.During the same quarter last year, the company earned $1.96 earnings per share.  On average, analysts anticipate that  Axos Financial, Inc will post 7.22 EPS for the current fiscal year. </p><h2>Wall Street Analyst Weigh In</h2><p>A number of equities research analysts have commented on the company. Raymond James Financial  reissued an &#34;outperform&#34; rating and issued a $100.00 target price (up previously from $95.00) on shares of Axos Financial in a report on Tuesday, September 23rd. Weiss Ratings  reiterated a &#34;buy (b)&#34; rating on shares of Axos Financial in a research note on Monday. Needham &amp; Company LLC boosted their price objective on shares of Axos Financial from $105.00 to $107.00 and gave the stock a &#34;buy&#34; rating in a report on Friday, October 31st. Keefe, Bruyette &amp; Woods increased their target price on shares of Axos Financial from $94.00 to $100.00 and gave the company a &#34;market perform&#34; rating in a report on Monday, September 29th. Finally, DA Davidson lifted their price target on shares of Axos Financial from $106.00 to $107.50 and gave the company a &#34;buy&#34; rating in a research report on Monday, December 8th. Six analysts have rated the stock with a Buy rating and one  has assigned  a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of &#34;Moderate Buy&#34; and an average target price of $97.42.</p><ul><li>As Warren Buffett Nears His Exit, Berkshire's Amassed Record Cash</li></ul><p><b>Check Out Our Latest Stock Analysis on Axos Financial</b></p><h2>Insider Transactions at Axos Financial</h2><p>In other Axos Financial news, Director Edward James Ratinoff sold 2,145 shares of the firm's stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $84.59, for a total transaction of $181,445.55. Following the sale, the director directly owned 46,209 shares of the company's stock, valued at $3,908,819.31. This trade represents a 4.44% decrease in their position. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through this link. Also, Director Tamara N. Bohlig sold 2,145 shares of the business's stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $86.23, for a total transaction of $184,963.35. Following the completion of the transaction, the director directly owned 12,919 shares of the company's stock, valued at approximately $1,114,005.37. This represents a 14.24% decrease in their position. The disclosure for this sale is available in the SEC filing. 4.85% of the stock is currently owned by corporate insiders. </p><h2>Axos Financial Profile</h2> (Free Report)<p>Axos Financial, Inc <span>NYSE: AX<span></span></span> is a diversified online banking and financial services holding company headquartered in San Diego, California. The firm traces its origins to 1999 with the launch of Bank of Internet USA and rebranded as Axos Financial in December 2018 to reflect an expanded suite of digital offerings. Axos Financial operates through its wholly owned subsidiary, Axos Bank, providing a technology-driven banking platform that serves both retail and commercial clients across the United States.  </p><p>Through its digital banking platform, Axos Financial delivers a range of deposit products, including checking and savings accounts, money market and certificate of deposit accounts, as well as individual retirement accounts.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Axos Financial</li><li>The boring AI play that could pay up to $4,290 monthly</li><li>ALERT: Drop these 5 stocks before January 2026!</li><li>Trump’s “real estate deal for America” explained</li><li>A month before the crash</li><li>Put $1,000 into this stock by Jan 1 [Not NVDA]</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFY?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-UHJlZml4PU5ZU0UmU3ltYm9sPUFY"/></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 reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Axos Financial Right Now?</h2><p>Before you consider Axos Financial, 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 Axos Financial wasn't on the list.</p><p>While Axos Financial 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>

<p>Assenagon Asset Management S.A. reduced its stake in Axos Financial, Inc by 57% in Q3, owning 22,898 shares worth $1.938 million. Axos Financial's stock opened at $88.59, with a 52-week range of $54.46-$93.84. Analysts have given a "Moderate Buy" rating with a target price of $97.42. The company reported $2.07 EPS, beating estimates of $1.86.</p>

Assenagon Asset Management S.A. Reduces Position in Axos Financial, Inc $AX