CIBC Bancorp USA Inc. Buys New Position in Axon Enterprise, Inc $AXON

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CIBC Bancorp USA Inc. has acquired a new position in Axon Enterprise, Inc, purchasing 13,542 shares valued at approximately $9.72 million. Other institutional investors like Vanguard Group Inc. and Sumitomo Mitsui Trust Group Inc. also increased their stakes in the company, which reported strong Q4 earnings, beating analyst estimates for both EPS and revenue. Despite some insider selling, Axon Enterprise maintains a “Moderate Buy” consensus rating from analysts with an average target price of $762.93.

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