After Today’s Bullish Options Activity, Is TASER International, Inc.’s Near-Term Analysis Positive?

 After Today's Bullish Options Activity, Is TASER International, Inc.'s Near Term Analysis Positive?

In today’s session TASER International, Inc. (TASR) registered an unusually high (851) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious TASR increase. With 851 contracts traded and 17404 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: TASR161021C00029000 closed last at: $0.1 or 86.7% down. About 1.02 million shares traded hands. TASER International, Inc. (NASDAQ:TASR) has risen 21.47% since March 2, 2016 and is uptrending. It has outperformed by 13.21% the S&P500.

Analysts await TASER International, Inc. (NASDAQ:TASR) to report earnings on November, 1. They expect $0.04 EPS, up 33.33% or $0.01 from last year’s $0.03 per share. TASR’s profit will be $2.04M for 145.69 P/E if the $0.04 EPS becomes a reality. After $0.07 actual EPS reported by TASER International, Inc. for the previous quarter, Wall Street now forecasts -42.86% negative EPS growth.

TASER International, Inc. (NASDAQ:TASR) Ratings Coverage

Out of 4 analysts covering TASER International (NASDAQ:TASR), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. TASER International has been the topic of 7 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The rating was downgraded by Ladenburg Thalmann on Monday, October 3 to “Neutral”. The stock has “Overweight” rating given by JP Morgan on Wednesday, January 6. Zacks downgraded TASER International, Inc. (NASDAQ:TASR) on Wednesday, August 5 to “Hold” rating. As per Wednesday, November 18, the company rating was upgraded by Ladenburg Thalmann. The stock of TASER International, Inc. (NASDAQ:TASR) earned “Buy” rating by Sidoti on Thursday, September 24. The rating was upgraded by CL King to “Buy” on Wednesday, July 6.

According to Zacks Investment Research, “Taser International, Inc. develops, assembles and markets less-lethal, conducted energy weapons primarily for use in the law enforcement and corrections market. Its advanced Taser weapon offers improved performance over other less-lethal force options used by law enforcement agencies. It can temporarily incapacitate virtually any individual regardless of pain tolerance, drug use, or body size – factors that cause other less-lethal options to have decreased effectiveness. The advanced Taser also has a comparable or lower injury rate than other less-lethal weapons.”

Insitutional Activity: The institutional sentiment decreased to 0.97 in Q2 2016. Its down 0.01, from 0.98 in 2016Q1. The ratio dived, as 24 funds sold all TASER International, Inc. shares owned while 52 reduced positions. 24 funds bought stakes while 50 increased positions. They now own 37.15 million shares or 0.18% more from 37.09 million shares in 2016Q1.
Hanseatic Mngmt Services Inc holds 0% of its portfolio in TASER International, Inc. (NASDAQ:TASR) for 118 shares. Bessemer Grp has invested 0% of its portfolio in TASER International, Inc. (NASDAQ:TASR). Advisory Service Networks Limited Liability holds 0% or 350 shares in its portfolio. Cambridge Investment Research Advisors Incorporated has invested 0.01% of its portfolio in TASER International, Inc. (NASDAQ:TASR). Bnp Paribas Arbitrage Sa, a New York-based fund reported 16,404 shares. Capital Impact Ltd Liability Corporation reported 48,883 shares or 0.57% of all its holdings. Hightower Limited Liability Company accumulated 0.01% or 29,245 shares. Capital Management Ny holds 0.43% or 10,100 shares in its portfolio. Moreover, Suntrust Banks has 0% invested in TASER International, Inc. (NASDAQ:TASR) for 16,800 shares. Raymond James & Associates accumulated 50,701 shares or 0% of the stock. Stephens Invest Mgmt Gru Ltd Liability last reported 0.88% of its portfolio in the stock. Renaissance Group Inc Ltd holds 0.02% or 15,140 shares in its portfolio. Kcg Hldgs has invested 0.01% of its portfolio in TASER International, Inc. (NASDAQ:TASR). State Street Corp last reported 1.31M shares in the company. Moreover, Glenmede Na has 0% invested in TASER International, Inc. (NASDAQ:TASR) for 4,819 shares.

TASER International, Inc. is engaged in development, manufacture and sale of conducted electrical weapons designed for use by law enforcement, military, corrections and private security personnel, and by private individuals for personal defense. The company has a market cap of $1.19 billion. The Firm is also engaged in development of connected wearable on-officer cameras, which utilize its cloud digital evidence management solution (Axon solution). It has a 91.98 P/E ratio. The Firm operates through two divisions: the sale of CEWs, accessories, and other services and products (the TASER Weapons segment), and the Axon business, focused on wearables, cloud and mobile products, including Axon video products, TASER Cam and Evidence.com (the Axon segment).

TASR Company Profile

TASER International, Inc., incorporated on January, 5, 2001, is engaged in development, manufacture and sale of conducted electrical weapons (CEWs) designed for use by law enforcement, military, corrections and private security personnel, and by private individuals for personal defense. The Firm is also engaged in development of connected wearable on-officer cameras, which utilize its cloud digital evidence management solution (Axon solution). The Firm operates through two divisions: the sale of CEWs, accessories, and other services and products (the TASER Weapons segment), and the Axon business, focused on wearables, cloud and mobile products, including Axon video products, TASER Cam and Evidence.com (the Axon segment).

More notable recent TASER International, Inc. (NASDAQ:TASR) news were published by: Fool.com which released: “Why Shares of TASER International, Inc. Plunged 13% Today” on October 03, 2016, also Fool.com with their article: “TASER International, Inc.’s Biggest Win in 2016 So Far” published on September 21, 2016, Fool.com published: “TASER International Inc. in 3 Charts” on September 14, 2016. More interesting news about TASER International, Inc. (NASDAQ:TASR) were released by: Fool.com and their article: “Why Transocean, KBR, and Taser International Slumped Today” published on October 03, 2016 as well as Schaeffersresearch.com‘s news article titled: “Analyst Downgrades: Fitbit Inc, Gilead Sciences, Inc., and TASER International …” with publication date: October 03, 2016.

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