Nisa Investment Advisors LLC Trims Stake in Axon Enterprise, Inc $AXON

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Nisa Investment Advisors LLC reduced its stake in Axon Enterprise, Inc. by 40.9% in the fourth quarter, selling 5,308 shares and ending with 7,678 shares valued at approximately $4.36 million. In the same quarter, company insiders sold 23,855 shares worth roughly $13.3 million, though institutional investors still hold 79.08% of the company’s stock. Despite mixed analyst ratings, Axon recently surpassed quarterly earnings and revenue estimates.

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