Axos Financial (AX) Shares Soar 2.86% on Insider Sale

Axos Financial (AX) shares surged 2.86% today, reaching their highest level since February 2025 with an intraday gain of 4.07%.

The strategy of buying AX shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years. The annualized return was 8.03% from May 2020 to May 2025, slightly underperforming the market average. With a final value of $163.47 per $100 invested, the strategy showed that compounded returns can still generate noticeable growth, although it required careful timing to capture short-term peaks effectively.

On May 5, 2025, Paul Grinberg, a Director at Axos Financial, sold 30,000 shares of the company. This insider sale could potentially influence the stock price and investor sentiment, as such transactions often signal the insider's view on the company's future prospects.

Over the past four weeks, Axos Financial's shares have gained 9.5%, closing at $65.50. This upward trend has been accompanied by positive predictions from Wall Street analysts, who foresee a potential surge of 28.5%. Such optimistic forecasts can significantly impact investor behavior and the overall stock price, as they often attract more buyers to the market.