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Axon Enterprise (NASDAQ:AXON) Director Jeri Williams sold 100 shares of common stock on September 11, 2025, at prices ranging from $752.50 to $752.61, for a total value of $75,254. Following the transaction, Williams directly owns 1,416 shares of Axon Enterprise. The stock, which has delivered an impressive 99% return over the past year, currently trades at $760.90. According to InvestingPro analysis, Axon appears overvalued at current levels, despite maintaining strong financial health with a current ratio of 2.95 and robust gross profit margins of 61%. For deeper insights into Axon’s valuation and 17 additional exclusive ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Axon Enterprise has been the focus of several significant developments. The company reported a robust quarterly performance, with revenue growth of 33%, surpassing Wall Street’s expectations of 27%. This performance led TD Cowen to raise its price target for Axon Enterprise to $925, maintaining a Buy rating. Similarly, BofA Securities increased its price target to $1,000, citing strengthening momentum across Axon’s business segments. Craig-Hallum upgraded the stock from Hold to Buy, highlighting impressive Q2 results and the potential for continued growth in bookings and Annual Recurring Revenue.
Additionally, TD Cowen reiterated its Buy rating, expressing confidence in Axon’s growth prospects following a meeting with the company’s management. On the corporate governance front, Axon appointed Todd Morgenfeld to its board of directors, expanding the board from ten to eleven members. Morgenfeld will serve as an independent director with roles on the Audit Committee and the Mergers and Acquisitions and Capital Structure Committee. These recent developments reflect Axon’s ongoing strategic initiatives and positive investor sentiment.
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