Cookson Peirce & Co. Inc. Sells 10,057 Shares of Axon Enterprise, Inc $AXON

Cookson Peirce & Co. Inc. trimmed its holdings in shares of Axon Enterprise, Inc (NASDAQ:AXON) by 21.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,337 shares of the biotechnology company’s stock after selling 10,057 shares during the quarter. Cookson Peirce & Co. Inc.’s holdings in Axon Enterprise were worth $26,077,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Stone House Investment Management LLC purchased a new position in shares of Axon Enterprise during the 3rd quarter worth $29,000. Whipplewood Advisors LLC raised its holdings in Axon Enterprise by 192.9% in the 2nd quarter. Whipplewood Advisors LLC now owns 41 shares of the biotechnology company’s stock worth $34,000 after purchasing an additional 27 shares during the period. Root Financial Partners LLC bought a new position in Axon Enterprise in the 3rd quarter worth $34,000. Darwin Wealth Management LLC purchased a new position in Axon Enterprise during the second quarter valued at $37,000. Finally, NewSquare Capital LLC grew its holdings in Axon Enterprise by 96.2% during the second quarter. NewSquare Capital LLC now owns 51 shares of the biotechnology company’s stock valued at $42,000 after purchasing an additional 25 shares during the period. 79.08% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on AXON shares. Morgan Stanley decreased their price objective on Axon Enterprise from $760.00 to $713.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 17th. UBS Group decreased their target price on shares of Axon Enterprise from $840.00 to $610.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 5th. Northcoast Research raised shares of Axon Enterprise from a “neutral” rating to a “buy” rating and set a $742.00 price target on the stock in a report on Tuesday, January 6th. The Goldman Sachs Group reduced their price objective on shares of Axon Enterprise from $940.00 to $800.00 and set a “buy” rating for the company in a research note on Wednesday, November 5th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Axon Enterprise in a research report on Monday, December 29th. Fifteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $805.71.

Key Stories Impacting Axon Enterprise

Here are the key news stories impacting Axon Enterprise this week:

• Positive Sentiment: RBC Capital reiterated its Buy rating on Axon, supporting demand from growth-focused investors. RBC Capital Sticks to Their Buy Rating for Axon Enterprise (AXON)
• Positive Sentiment: Baron Opportunity Fund initiated a position in Axon in its Q4 2025 activity — an endorsement from a long-only growth manager that could support longer-term demand. Baron Opportunity Fund Q4 2025 Portfolio Activity
• Positive Sentiment: Local adoption: Syracuse Common Council approved installation of Axon license-plate readers despite protests — a small but tangible municipal win for recurring hardware/software deployment. Syracuse Common Council votes to install Axon readers despite pushback
• Neutral Sentiment: A retrospective performance piece shows how a $100 Axon investment 5 years ago would have performed — useful context for investors but not an immediate catalyst. If You Invested $100 In Axon Enterprise Stock 5 Years Ago, You Would Have This Much Today
• Neutral Sentiment: Short-interest reports in the feeds show anomalous zero/NaN values and a 0.0 days-to-cover metric — likely a data/reporting issue rather than a meaningful change in market positioning. (No link available.)
• Neutral Sentiment: A small institutional sale: Advisors Asset Management trimmed ~2,132 shares, a minor position change unlikely to move the stock materially. Advisors Asset Management Inc. Sells 2,132 Shares of Axon Enterprise, Inc $AXON
• Negative Sentiment: Sector headwinds and sell-side coverage highlight downside risk: recent commentary notes Axon has seen larger intraday declines than the market and that software/AI fears have pressured software-adjacent names. Axon Enterprise (AXON) Sees a More Significant Dip Than Broader Market
• Negative Sentiment: Macro/sector pressure: a Motley Fool-style roundup flags a broader software bear market and notes Axon shares have fallen substantially year-over-year — a reminder that valuation and market sentiment remain headwinds. Software Bear Market: 1 SaaS Stock To Buy Now, 1 To Avoid
• Negative Sentiment: Technicals and valuation: Axon is trading well below its 50- and 200-day moving averages and still commands a high P/E, which can limit upside while broader risk-off sentiment persists. (See market data sources.)

Axon Enterprise Trading Up 0.3%

AXON stock opened at $435.81 on Friday. 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 1-year low of $396.41 and a 1-year high of $885.91. The business has a 50 day simple moving average of $559.99 and a two-hundred day simple moving average of $650.84. The company has a market capitalization of $34.39 billion, a price-to-earnings ratio of 137.91, a PEG ratio of 13.09 and a beta of 1.48.

Insider Activity

In other Axon Enterprise news, insider Jeffrey C. Kunins sold 1,797 shares of the business’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $539.23, for a total value of $968,996.31. Following the sale, the insider owned 83,485 shares in the company, valued at $45,017,616.55. The trade was a 2.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Patrick W. Smith sold 10,000 shares of the firm’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $551.92, for a total value of $5,519,200.00. Following the transaction, the chief executive officer owned 3,110,997 shares of the company’s stock, valued at approximately $1,717,021,464.24. The trade was a 0.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 48,040 shares of company stock valued at $27,249,338 in the last quarter. Company insiders own 4.40% of the company’s stock.

Axon Enterprise Company Profile

Axon Enterprise, Inc develops technology and weapons systems for public safety and law enforcement agencies, combining hardware, software and cloud services. The company’s hardware portfolio includes conducted energy weapons (commonly known as TASER devices), body-worn cameras and in-car camera systems. Axon pairs these devices with a suite of connected products and accessories designed to capture, store and manage field evidence.

Beyond hardware, Axon operates a subscription-based software platform for digital evidence management, evidence review and records management.