First Trust Advisors LP Sells 9,197 Shares of Axon Enterprise, Inc $AXON

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First Trust Advisors LP reduced its stake in Axon Enterprise, Inc (NASDAQ:AXON) by 7.9% in the third quarter, selling 9,197 shares and retaining 106,696 shares valued at $76.57 million. Several other institutional investors also adjusted their positions in the company. Axon Enterprise trades with a market capitalization of $44.95 billion, a P/E ratio of 367.81, and a consensus target price of $762.93 from analysts, who currently rate the stock as a “Moderate Buy.”

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