close
close
President Joshua Isner sells shares of Axon Enterprise Inc (AXON)
President Joshua Isner sells shares of Axon Enterprise Inc (AXON)

President Joshua Isner of Axon Enterprise Inc (NASDAQ:AXON) completed a sale of 1,434 shares of the company’s stock on June 18, 2024, according to a recent SEC filing. Following this transaction, the insider now directly owns 273,332 shares of the company’s stock.

Axon Enterprise Inc, known for its comprehensive public safety technologies including tasers, body cameras and cloud-based evidence management software, has witnessed a number of insider trading activities over the past year. The insider transaction history shows 19 insider sales and only 1 insider purchase during this period.

On the day of the insider’s last transaction, Axon Enterprise Inc.’s share price was $297.78. This valuation puts the company’s market capitalization at around $22.12 billion. The price-to-earnings ratio is 85.71, which is above the industry average of 33.745.

The stock’s GF Value, an estimate of intrinsic value from GuruFocus, is at $269.07, suggesting the stock is fairly valued at a Price to GF Value ratio of 1.11. The GF Value is calculated by taking into account historical trading multiples, a GuruFocus adjustment factor based on past earnings and growth, and future business performance estimates from analysts.

Insider sale: President Joshua Isner sells shares of Axon Enterprise Inc (AXON)Insider sale: President Joshua Isner sells shares of Axon Enterprise Inc (AXON)

Insider sale: President Joshua Isner sells shares of Axon Enterprise Inc (AXON)

Insider sale: President Joshua Isner sells shares of Axon Enterprise Inc (AXON)Insider sale: President Joshua Isner sells shares of Axon Enterprise Inc (AXON)

Insider sale: President Joshua Isner sells shares of Axon Enterprise Inc (AXON)

Over the past year, the insider has sold a total of 147,247 shares and made no purchases. This trend in insider behavior can give investors insight into the sentiment of the company’s senior executives regarding the stock performance and future prospects.

To obtain more detailed information on the financial performance and insider transactions of Axon Enterprise Inc., interested parties should check the official filings with the SEC and keep an eye on how the stock performs compared to industry peers.

This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.

This article first appeared on GuruFocus.

By Aurora