A Director at Axon Enterprise Inc is Exercising Options

By Carrie Williams

Today it was reported that a Director at Axon Enterprise Inc (AAXNResearch Report), Richard Carmona, exercised options to sell 23,810 AAXN shares at $4.20 a share, for a total transaction value of $1.14M.

In addition to Richard Carmona, 4 other AAXN executives reported Sell trades in the last month.

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Based on Axon Enterprise Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $115 million and quarterly net profit of $2.08 million. In comparison, last year the company earned revenue of $94.65 million and had a GAAP net loss of $2.07 million. AAXN’s market cap is $2.8B and the company has a P/E ratio of 90.94. Currently, Axon Enterprise Inc has an average volume of 601.8K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $67.50, reflecting a 43.5% upside.

The insider sentiment on Axon Enterprise Inc has been negative according to 45 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.