President Joshua Isner of Axon Enterprise Inc (AXON, Financial) executed a sale of 20,000 shares of the company on November 12, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 199,166 shares of the company.
Axon Enterprise Inc, known for its comprehensive public safety technologies including Tasers, body cameras, and cloud-based evidence management systems, has seen significant insider selling activity over the past year. The insider transaction history reveals a total of 31 insider sells and no insider buys during this period.
On the date of the sale, shares of Axon Enterprise Inc were priced at $606.15. This valuation brings the market cap of the company to approximately $45.56 billion. The price-earnings ratio stands at 154.37, significantly above both the industry median of 35.17 and the company's historical median.
The stock's current price also reflects a substantial premium according to the GF Value, with a price-to-GF-Value ratio of 2, indicating that the stock is considered significantly overvalued. The GF Value of $303.19 is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
Over the past year, Joshua Isner has sold a total of 136,476 shares and has not made any purchases. This trend of selling by the insider could be of interest to current and potential investors, as it might reflect the insider's perspective on the stock's valuation relative to its current market price.
For more detailed information on insider transactions and stock valuations, investors and stakeholders are encouraged to review the official SEC filings and consult professional financial advice tailored to their specific investment goals and financial situations.
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.
