Shares of Taser International Inc. (NASDAQ:TASR) saw unusually-strong trading volume on Monday . Approximately 958,511 shares were traded during trading, a decline of 18% from the previous session’s volume of 1,171,773 shares.The stock last traded at $27.79 and had previously closed at $27.20.

Several equities research analysts recently commented on TASR shares. Dougherty & Co restated a “buy” rating and set a $21.00 target price on shares of Taser International in a research report on Tuesday, March 29th. CL King upgraded Taser International from a “neutral” rating to a “buy” rating and set a $32.00 target price on the stock in a research report on Wednesday, July 6th. Ladenburg Thalmann restated a “buy” rating and set a $28.00 target price on shares of Taser International in a research report on Friday, July 1st. Oppenheimer Holdings Inc. restated a “market perform” rating on shares of Taser International in a research report on Tuesday, July 12th. Finally, Vetr lowered Taser International from a “strong-buy” rating to a “buy” rating and set a $22.01 target price on the stock. in a research report on Tuesday, May 17th. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $27.63.

The company has a 50 day moving average of $24.26 and a 200 day moving average of $19.58. The company has a market capitalization of $1.47 billion and a PE ratio of 96.52.

Taser International (NASDAQ:TASR) last released its quarterly earnings data on Wednesday, May 4th. The company reported $0.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.03. During the same quarter in the prior year, the firm posted $0.13 EPS. The company earned $55.50 million during the quarter, compared to analysts’ expectations of $51.82 million. The firm’s quarterly revenue was up 23.9% on a year-over-year basis. On average, analysts predict that Taser International Inc. will post $0.28 EPS for the current year.

Several hedge funds and institutional investors recently added to or reduced their stakes in the company. New York State Common Retirement Fund increased its position in Taser International by 1.1% in the fourth quarter. New York State Common Retirement Fund now owns 498,217 shares of the company’s stock valued at $8,614,000 after buying an additional 5,500 shares in the last quarter. Rhumbline Advisers increased its position in Taser International by 7.6% in the fourth quarter. Rhumbline Advisers now owns 70,888 shares of the company’s stock valued at $1,226,000 after buying an additional 5,005 shares in the last quarter. Finally, California State Teachers Retirement System increased its position in Taser International by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 99,070 shares of the company’s stock valued at $1,713,000 after buying an additional 1,551 shares in the last quarter.

TASER International, Inc is engaged in development, manufacture and sale of conducted electrical weapons (CEWs) designed for use by law enforcement, military, corrections and private security personnel, and by private individuals for personal defense. The Company is also engaged in development of connected wearable on-officer cameras, which utilize its cloud-based digital evidence management solution (Axon solution).

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