Insider Sell Alert: Matthew Mcbrady Sells 1,000 Shares of Axon Enterprise Inc (AXON)

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Nov 21, 2024
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On November 20, 2024, Matthew Mcbrady, a Director at Axon Enterprise Inc (AXON, Financial), sold 1,000 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now owns 3,892 shares of the company. Axon Enterprise Inc (AXON) is a company that develops technology and weapons products for law enforcement and civilians. The company is known for its Taser line of electroshock weapons, body cameras, and software solutions for public safety. 1859399681017278464.png Over the past year, Matthew Mcbrady has sold a total of 3,000 shares and has not purchased any shares. The insider transaction history for Axon Enterprise Inc shows that there have been 0 insider buys and 34 insider sells over the same timeframe. 1859399722473779200.png On the day of the recent sale, shares of Axon Enterprise Inc were trading at $605.2 each, giving the stock a market cap of $46,501.687 million. The company's price-earnings ratio stands at 157.58, which is higher than the industry median of 34.69 and also higher than the company’s historical median price-earnings ratio. With a trading price of $605.2 and a GF Value of $303.47, Axon Enterprise Inc has a price-to-GF-Value ratio of 1.99, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.

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