California State Teachers Retirement System Sells 1,876 Shares of Axon Enterprise, Inc $AXON

Posted by Brenda Bartman on Jul 31st, 2026

California State Teachers Retirement System lowered its holdings in shares of Axon Enterprise, Inc (NASDAQ:AXON – Free Report) by 1.6% in the first quarter, Holdings Channel.com reports. The institutional investor owned 115,567 shares of the biotechnology company’s stock after selling 1,876 shares during the period. California State Teachers Retirement System’s holdings in Axon Enterprise were worth $49,080,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Creative Financial Designs Inc. ADV acquired a new stake in Axon Enterprise in the fourth quarter valued at about $28,000. Sound Income Strategies LLC raised its stake in Axon Enterprise by 550.0% during the fourth quarter. Sound Income Strategies LLC now owns 52 shares of the biotechnology company’s stock worth $30,000 after acquiring an additional 44 shares in the last quarter. Camelot Portfolios LLC acquired a new position in Axon Enterprise during the fourth quarter worth about $30,000. AlphaCentric Advisors LLC bought a new position in shares of Axon Enterprise in the fourth quarter worth about $34,000. Finally, Lodestone Wealth Management LLC bought a new position in shares of Axon Enterprise in the fourth quarter worth about $35,000. Institutional investors and hedge funds own 79.08% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on AXON shares. UBS Group decreased their price target on shares of Axon Enterprise from $570.00 to $440.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. Morgan Stanley set a $600.00 price objective on shares of Axon Enterprise in a research note on Thursday, May 7th. Royal Bank Of Canada restated an “outperform” rating on shares of Axon Enterprise in a research report on Tuesday, July 21st. Piper Sandler boosted their target price on shares of Axon Enterprise from $674.00 to $724.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Finally, Barclays lowered their price target on shares of Axon Enterprise from $682.00 to $523.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Fifteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $725.25.

Read Our Latest Research Report on AXON

Insider Transactions at Axon Enterprise

In related news, CEO Patrick W. Smith sold 20,000 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $500.00, for a total value of $10,000,000.00. Following the sale, the chief executive officer owned 3,060,997 shares of the company’s stock, valued at $1,530,498,500. The trade was a 0.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Joshua Isner sold 13,000 shares of the business’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $488.45, for a total transaction of $6,349,850.00. Following the completion of the sale, the president directly owned 169,125 shares in the company, valued at approximately $82,609,106.25. This represents a 7.14% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 58,989 shares of company stock worth $30,527,983. 4.20% of the stock is currently owned by insiders.

Axon Enterprise Stock Performance

NASDAQ:AXON opened at $525.30 on Friday. The stock’s 50-day moving average is $494.25 and its 200-day moving average is $476.25. Axon Enterprise, Inc has a 1-year low of $339.01 and a 1-year high of $885.91. The company has a current ratio of 2.27, a quick ratio of 1.93 and a debt-to-equity ratio of 0.49. The stock has a market cap of $42.34 billion, a P/E ratio of 210.96, a price-to-earnings-growth ratio of 10.84 and a beta of 1.38.

Axon Enterprise (NASDAQ:AXON – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The biotechnology company reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.01. Axon Enterprise had a net margin of 6.90% and a return on equity of 3.78%. The business had revenue of $807.35 million during the quarter, compared to analyst estimates of $778.90 million. During the same quarter last year, the business earned $1.47 EPS. The firm’s quarterly revenue was up 33.7% on a year-over-year basis. Equities research analysts anticipate that Axon Enterprise, Inc will post 1.63 earnings per share for the current year.

Axon Enterprise Company Profile

(Free Report)

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.