Director Garnreiter sells 6,000 shares of AXON at $760.00 for $4,560,000.00 after 56.2% stock rally
Michael Garnreiter, a Director at Axon Enterprise, executed 2 separate sales totaling 6,000 shares ($4.6M) on June 3–4, 2025, at $760.00/share, reducing his holdings by 25.3%. This sale occurs at the 52-week high of $780.00 (current price) and follows a 56.2% gain over the preceding 90 days, alongside annual revenue growth of 33.2% and strong net income of $88.0M. The timing aligns with the stock at its upper valuation boundary, though no scheduled trading plan disclosure is noted in the facts provided. The relatively large share reduction warrants attention given the company's elevated P/E of 183.10 and recent momentum.