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Geneva Capital Management LLC Lowers Holdings in Axon Enterprise, Inc $AXON
Geneva Capital Management LLC reduced its stake in Axon Enterprise, Inc. (NASDAQ:AXON) by 5.6% during the third quarter, now owning 79,002 shares valued at approximately $56.7 million. Despite this, other institutional investors increased their holdings, and analysts maintain a “Moderate Buy” rating for AXON, with a consensus target price of $762.93. Recent insider selling by the CFO and CEO also occurred, alongside positive sentiment regarding the company’s strong momentum and earnings beats.