What smart money is saying about Axon Enterprise, Inc.
9 funds in our archive have pitched Axon Enterprise, Inc. — most recently Baron SMID Cap ETF in June 2026.
Axon Enterprise, Inc., founded in 1993 and headquartered in Scottsdale, Arizona, was previously known as TASER International, Inc. until its rebranding in April 2017. The company specializes in the development, production, and sale of conducted energy devices (CEDs) marketed under its well-known TASER brand, catering to both domestic and international clients. Axon's operations are divided into two primary segments: TASER, and Software and Sensors. In addition to its signature TASER devices, such as the TASER 7, X26P, X2, and consumer models, along with their corresponding cartridges, Axon offers an extensive portfolio of hardware and cloud-based software. These solutions are designed to equip law enforcement agencies with the means to capture, securely archive, manage, share, and analyze video and other digital evidence. Key products in this category include on-officer body cameras, Axon Fleet in-car systems, the Axon Evidence digital evidence management platform, Axon Signal-enabled devices, extended hardware warranties, and vital accessories like docks, cartridges, and batteries. Axon distributes its offerings through multiple channels, including its dedicated direct sales force, various distribution partners, its online storefront, and authorized third-party resellers. Furthermore, the company has established a strategic partnership with Fusus, Inc. to enhance the functionality of Axon Respond and the Fusus Real Time Crime Center in the Cloud solution, providing agencies with real-time operational awareness and more efficient investigative processes.
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Position history
Between Q4 2024 and Q2 2026, 6 fund letters reported a position in Axon Enterprise, Inc. — 3 opened or added to the position, 1 trimmed or exited.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 5 | 2 | 1 | 3 |
| Q1 2026 | 1 | 1 | 0 | 1 |
| Q4 2025 | 0 | 0 | 0 | 2 |
| Q3 2025 | 0 | 0 | 0 | 1 |
| Q4 2024 | 0 | 0 | 0 | 2 |
Fund activity · 6 positions · 4 moves
- June 2026
“These new positions complement existing holdings such as Synopsys, Amphenol, NVIDIA, Intuitive Surgical, and Axon, which already give us exposure to this theme.”
Axon Enterprise, Inc. - AddedBaron Asset FundJune 2026
“We added to about a dozen positions during the quarter, with the largest being construction aggregates producer Vulcan Materials Company , electronic trading platform Tradeweb Markets Inc. , and public safety technology company Axon Enterprise, Inc.”
Axon Enterprise, Inc. - June 2026
“During the quarter, we purchased Shake Shack Inc., a premium fast-casual burger chain.”
Axon Enterprise, Inc. - TrimmedNightview Capital NITE ETFJune 2026
“Finally, the trims. We cut our AMD position by roughly half after a powerful run left it a much larger dollar position than the share count suggested. We lightened Axon , Goldman , Morgan Stanley , and Brookfield Renewable , and we made small adjustments to Nvidia , Tesla , and Amazon , which remain among our largest holdings.”
Axon Enterprise, Inc. - June 2026
“Some of our more mature, higher-quality businesses have been among the largest attractors. Axon, Zillow, AeroVironment have all been weak, despite what we see as robust operational execution.”
Axon Enterprise, Inc. - New positionLarge-Cap GrowthMarch 2026
“We initiated positions in Axon Enterprise Inc (AXON), Palo Alto Networks, Spotify Technology (SPOT), Alnylam Pharmaceuticals, Inc (ALNY), Arthur J. Gallagher & Co (AJG), and most recently HEICO Corporation Class A (HEI.A).”
Axon Enterprise, Inc.
Fund coverage · 9 theses
- Baron SMID Cap ETFJune 2026
Axon Enterprise, Inc. is a market-leading public safety technology platform with strong moats and significant five-year upside.
Read the full thesis - Edgewood Large Cap Growth CompositeJune 2026
Axon Enterprise, Inc. is an existing holding used to express the Physical AI theme.
Read the full thesis - Baillie Gifford Global AlphaJune 2026
Axon Enterprise makes TASERs and a public-safety software platform, with the investment case based on trusted data, difficult-to-replicate integration, and durable growth.
Read the full thesis - Large-Cap GrowthMarch 2026
Axon provides mission-critical public safety technology with an integrated ecosystem and growing AI-enabled products.
Read the full thesis - Baron Opportunity FundDecember 2025
Axon Enterprise, Inc. is a dominant public-safety technology platform with a vast addressable market, strong founder-led execution, and high-growth, margin-expanding software.
Read the full thesis - EdgewoodDecember 2025
Axon Enterprise Inc. is a public safety hardware-software platform provider with sticky subscription revenues, underpenetrated international TAM, AI-driven products like Draft One, and founder-led execution supporting long-term growth.
Read the full thesis - Alger Mid Cap Growth FundSeptember 2025
Axon Enterprise is a leading provider of public safety technology with a robust growth model driven by recurring software, expanding cloud subscriptions, and AI-enhanced features for law enforcement agencies.
Read the full thesis - Munro Global Growth FundDecember 2024
Axon Enterprises is a pioneering, founder-led company focused on public safety technologies, aiming to significantly reduce gun-related deaths and capture a larger share of the $77 billion market for law enforcement solutions.
Read the full thesis - Alger Mid Cap Focus FundDecember 2024
Axon Enterprise is a leading global provider of public safety solutions
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