<div id="readability-page-1"><p>Texas Permanent School Fund Corp lessened its position in shares of  Axon Enterprise, Inc (NASDAQ:AXON - Free Report) by 34.2% during the second quarter, according to its most recent filing with the Securities &amp; Exchange Commission. The fund owned 5,194 shares of the biotechnology company's stock after selling 2,697 shares during the quarter. Texas Permanent School Fund Corp's holdings in Axon Enterprise were worth $4,300,000 as of its most recent SEC filing.</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 institutional investors and hedge funds also recently added to or reduced their stakes in AXON. Brighton Jones LLC purchased a new position in shares of  Axon Enterprise during the fourth quarter worth approximately $480,000.  Cresset Asset Management LLC boosted its stake in  Axon Enterprise by 5.7% during the 1st quarter. Cresset Asset Management LLC now owns 1,833 shares of the biotechnology company's stock worth $964,000 after purchasing an additional 99 shares during the period.  Brooklyn Investment Group grew its position in  Axon Enterprise by 20.5% during the 1st quarter. Brooklyn Investment Group now owns 441 shares of the biotechnology company's stock worth $232,000 after purchasing an additional 75 shares during the last quarter.  Northern Trust Corp grew its position in  Axon Enterprise by 1.2% during the 1st quarter. Northern Trust Corp now owns 725,720 shares of the biotechnology company's stock worth $381,692,000 after purchasing an additional 8,794 shares during the last quarter.  Finally, Korea Investment CORP increased its stake in  Axon Enterprise by 10.1% in the first quarter. Korea Investment CORP now owns 53,750 shares of the biotechnology company's stock valued at $28,270,000 after purchasing an additional 4,949 shares during the period. Hedge funds and other institutional investors own  79.08% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><p>Several equities research analysts have recently weighed in on the stock. The Goldman Sachs Group decreased their target price on shares of Axon Enterprise from $940.00 to $800.00 and set a &#34;buy&#34; rating for the company in a research note on Wednesday, November 5th. Needham &amp; Company LLC  reaffirmed a &#34;buy&#34; rating and set a $870.00 price objective on shares of Axon Enterprise in a research report on Wednesday, September 24th. Barclays dropped their target price on Axon Enterprise from $861.00 to $702.00 and set an &#34;overweight&#34; rating on the stock in a report on Thursday, November 6th. UBS Group cut their price target on Axon Enterprise from $840.00 to $610.00 and set a &#34;neutral&#34; rating for the company in a research note on Wednesday, November 5th. Finally, JMP Securities  reiterated a &#34;market outperform&#34; rating and issued a $825.00 price objective on shares of Axon Enterprise in a research report on Monday, September 29th. Fourteen analysts have rated the stock with a Buy rating and four have assigned  a Hold rating to the company. According to MarketBeat.com, Axon Enterprise  has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $802.71.</p><ul><li>MarketBeat Week in Review – 06/02 - 06/06</li></ul><p><b>Read Our Latest Stock Analysis on AXON</b></p><h2>Axon Enterprise Stock Down 0.9%</h2><p>AXON opened at $550.00 on Thursday. The company has a debt-to-equity ratio of 0.57, a current ratio of 3.12 and a quick ratio of 2.89. Axon Enterprise, Inc has a 12 month low of $469.24 and a 12 month high of $885.91. The stock has a market capitalization of $43.40 billion, a P/E ratio of 174.05, a P/E/G ratio of 127.48 and a beta of 1.40. The business has a 50 day simple moving average of $613.81 and a 200-day simple moving average of $710.18. </p><ul><li>AXON: Competition Intensifies as Motorola Makes $4.4B Acquisition</li></ul><p>Axon Enterprise (NASDAQ:AXON - Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The biotechnology company reported $1.17 earnings per share for the quarter, missing analysts' consensus estimates of $1.63 by ($0.46). Axon Enterprise had a return on equity of 4.29% and a net margin of 10.05%.The business had revenue of $710.64 million for the quarter, compared to analyst estimates of $704.83 million. During the same period in the prior year, the company earned $1.45 EPS. The company's revenue was up 30.6% on a year-over-year basis.  On average, equities analysts anticipate that  Axon Enterprise, Inc will post 5.8 earnings per share for the current fiscal year. </p><h2>Insider Buying and Selling at Axon Enterprise</h2><p>In other news, insider Jeffrey C. Kunins sold 1,797 shares of the stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $539.23, for a total value of $968,996.31. Following the completion of the transaction, the insider owned 83,485 shares in the company, valued at $45,017,616.55. This trade represents a 2.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Patrick W. Smith sold 10,000 shares of the business's stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $551.92, for a total transaction of $5,519,200.00. Following the sale, the chief executive officer directly owned 3,110,997 shares in the company, valued at approximately $1,717,021,464.24. This represents a 0.32% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 64,406 shares of company stock worth $38,521,038. Company insiders own  4.40% of the company's stock. </p><h2>About Axon Enterprise</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>Further Reading</h2><ul><li>Five stocks we like better than Axon Enterprise</li><li>3 Stocks to Consider Buying in October</li><li>Post 35% Surge, Analysts Eye More Upside in Copper Giant Freeport</li><li>The Role Economic Reports Play in a Successful Investment Strategy</li><li>Why a SpaceX IPO Could Be a Major Catalyst for GOOGL Stock</li><li>How to Invest in Biotech Stocks</li><li>Can Upwork Maintain Its Comeback? Reasons to Be Bullish and Bearish</li></ul><p><strong>Want to see what other hedge funds are holding AXON?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Axon Enterprise, Inc (NASDAQ:AXON - Free Report).</p><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 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 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>Texas Permanent School Fund Corp reduced its stake in Axon Enterprise, Inc by 34.2% in Q2, now holding 5,194 shares valued at $4.3 million. Analysts have adjusted price targets for Axon, with a consensus rating of 'Moderate Buy' and an average target of $802.71. Axon's stock opened at $550.00, with a market cap of $43.40 billion. Recent earnings missed estimates, reporting $1.17 EPS against a $1.63 expectation.</p>

Axon Enterprise, Inc $AXON Shares Sold by Texas Permanent School Fund Corp