Axon Enterprise (NASDAQ:AXON) Shares Up 6.5% - What's Next?

Axon Enterprise (NASDAQ:AXON) saw its shares rise 6.5% to $635.26, bringing its market capitalization to $51.47 billion, despite trading volume being 43% below average. The company exceeded quarterly earnings expectations with $1.88 EPS against $1.84 expected and $904.39 million in revenue, a 35.3% year-over-year increase. Analysts maintain a "Moderate Buy" consensus with an average price target of $730.92, though insider selling totaled nearly $30.5 million over the last 90 days.