GuruFocus - President Joshua Isner of Axon Enterprise Inc (NASDAQ:AXON) executed a sale of 1,434 shares of the company on June 18, 2024, according to a recent SEC Filing. Following this transaction, the insider now directly owns 273,332 shares in the company.
Axon Enterprise Inc, known for its comprehensive public safety technologies including Tasers, body cameras, and cloud-based evidence management software, has seen a variety of insider trading activities over the past year. The insider transaction history reveals 19 insider sells and only 1 insider buy during this period.
On the date of the latest transaction by the insider, shares of Axon Enterprise Inc were priced at $297.78. This valuation brings the market cap of the company to approximately $22.12 billion. The price-earnings ratio stands at 85.71, which is above the industry median of 33.745.
The stock's GF Value, an intrinsic value estimate from GuruFocus, is set at $269.07, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 1.11. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from analysts.
Over the past year, the insider has sold a total of 147,247 shares and has not made any purchases. This trend in insider behavior can provide investors with insights into the sentiment of high-level executives within the company regarding its stock performance and future outlook.
For more detailed information on Axon Enterprise Inc's financial performance and insider transactions, interested parties are encouraged to review the official SEC filings and keep an eye on the stock's performance relative to its industry peers.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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