Axon Enterprise Inc. (AXON) has been under investors' gaze for diverse reasons. Its stock value experienced several fluctuations with notable
insider sales, seen with Caitlin Kalinowski & the President of the company. Notwithstanding, some investors expanded their stakes, such as Principal Financial Group Inc. which purchased 12544 shares, and O Neil Global Advisors Inc. that invested $776,000.
Axon's 2023 revenue grew by 31% reaching $1.56 billion. The company topped both revenue and EPS estimates in
Q1 2024 earnings report, leading to some analysts raising the price target for the company. Axon introduced multiple innovations, including
Axon Body Workforce, a body camera for frontline workers and an AI-powered report writing tool, Draft One. It also ventured into drone solutions through its acquisition of Dedrone and Fusus. Despite beating expectations and raising full-year revenue forecast,
Axon's stock experienced some slumps but also topped new height after notable guidance from the Taser maker. Notably, Axon's institutional shareholders hold about 80% control of the company implying a strong confidence in the company's future.
Axon Enterprise AXON News Analytics from Tue, 07 Nov 2023 08:00:00 GMT to Thu, 23 May 2024 04:47:49 GMT -
Rating 7
- Innovation 8
- Information 6
- Rumor 1
