This Is What Whales Are Betting On Axon Enterprise
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards Axon Enterprise (NASDAQ:AXON) with significant options activity. The majority of options are bullish, indicating potential positive movement in the stock price. Analysts have mixed ratings, with target prices ranging from $375 to $430.
October 02, 2024 | 4:46 pm
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Axon Enterprise sees significant bullish options activity, with 80% of trades being bullish. Analysts have mixed ratings, with target prices ranging from $375 to $430. The stock is currently trading at $404.49, up 1.32%.
The significant bullish options activity suggests that investors expect the stock price to rise. The current trading price is above some analysts' target prices, indicating potential overvaluation, but the bullish sentiment could drive the price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100