Axon Enterprise CEO Patrick Smith Sells 10,000 Shares

Axon Enterprise Inc CEO Patrick Smith sold 10,000 shares on August 11, 2025, reducing his ownership to 3,053,982 shares. Over the past year, Smith has sold 530,606 shares without purchasing any. The company's stock price was $831.29, with a market cap of $58,014.78 million and a price-earnings ratio of 182.47, which is higher than the industry median and the company's historical median. The GF Value is $404.49, indicating the stock is significantly overvalued.

Axon Enterprise Inc's (NASDAQ:AXON) Chief Executive Officer, Patrick W. Smith, sold 10,000 shares on August 11, 2025, reducing his ownership to 3,053,982 shares. Over the past year, Smith has sold a total of 530,606 shares without purchasing any, according to company records [1]. The transaction occurred at a stock price of $831.29, with a market capitalization of $58,014.78 million and a price-earnings ratio (P/E ratio) of 182.47. This P/E ratio is significantly higher than the industry median and the company's historical median, indicating a high valuation [2].

The stock's current valuation is supported by strong analyst sentiment. Multiple upgrades and price target increases have been reported following Axon Enterprise's impressive quarterly performance. Analysts such as TD Cowen, Raymond James, Craig-Hallum, Needham, and BofA Securities have all raised their price targets, reflecting a positive outlook on the company's growth prospects [1].

The GF Value of $404.49 further indicates that the stock is significantly overvalued, suggesting that investors should exercise caution when considering an investment in Axon Enterprise [2]. Despite the high P/E ratio, the company's robust financial performance and analyst optimism may justify its current valuation.

References:

[1] https://uk.investing.com/news/insider-trading-news/axon-enterprise-ceo-smith-sells-83m-in-stock-93CH-4216575
[2] https://www.marketbeat.com/market-data/high-pe-stocks/