The stock of TASER International, Inc. (NASDAQ:TASR) is a huge mover today! About 4.16M shares traded hands or 201.45% up from the average. TASER International, Inc. (NASDAQ:TASR) has risen 29.34% since April 8, 2016 and is uptrending. It has outperformed by 23.70% the S&P500.
The move comes after 6 months positive chart setup for the $1.46B company. It was reported on Nov, 10 by Barchart.com. We have $38.04 PT which if reached, will make NASDAQ:TASR worth $627.80 million more.
TASER International, Inc. (NASDAQ:TASR) Ratings Coverage
Out of 6 analysts covering TASER International (NASDAQ:TASR), 5 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 83% are positive. TASER International has been the topic of 9 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Wednesday, July 6 by CL King. As per Thursday, November 10, the company rating was maintained by Craig Hallum. Sidoti initiated TASER International, Inc. (NASDAQ:TASR) rating on Thursday, September 24. Sidoti has “Buy” rating and $35 price target. As per Wednesday, January 6, the company rating was upgraded by JP Morgan. The firm earned “Neutral” rating on Monday, October 3 by Ladenburg Thalmann. As per Wednesday, August 5, the company rating was downgraded by Zacks. Imperial Capital initiated it with “Outperform” rating and $27 target price in Friday, October 14 report. As per Wednesday, November 18, the company rating was upgraded by Ladenburg Thalmann.
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 2016 Q2. Its down 0.01, from 0.98 in 2016Q1. The ratio dropped, 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.
Plante Moran Advsrs Ltd Liability Corp reported 136 shares or 0% of all its holdings. Tiaa Cref Mngmt Ltd Liability, a New York-based fund reported 162,114 shares. Blackrock Advsr Llc has 25,146 shares for 0% of their US portfolio. Legal General Pcl has 11,630 shares for 0% of their US portfolio. Moreover, Ls Advsr has 0% invested in TASER International, Inc. (NASDAQ:TASR) for 2,003 shares. Savings Bank Of America De has 12,445 shares for 0% of their US portfolio. Victory Cap Mngmt holds 0% or 2,500 shares in its portfolio. Clarivest Asset Ltd Liability Corp accumulated 0% or 453 shares. Citigroup Inc accumulated 0% or 27,522 shares. Parallax Volatility Advisers Limited Partnership has 0% invested in the company for 43 shares. Nationwide Fund has invested 0% of its portfolio in TASER International, Inc. (NASDAQ:TASR). Hanseatic Mgmt Inc owns 118 shares or 0% of their US portfolio. Pinebridge L P reported 6,561 shares or 0.01% of all its holdings. Principal Gru holds 0.01% of its portfolio in TASER International, Inc. (NASDAQ:TASR) for 370,075 shares. Barclays Public Ltd Co holds 0% of its portfolio in TASER International, Inc. (NASDAQ:TASR) for 3,522 shares.
More notable recent TASER International, Inc. (NASDAQ:TASR) news were published by: Foxbusiness.com which released: “Why TASER International, Inc. Shares Plunged 21.8% Last Month” on November 08, 2016, also Schaeffersresearch.com with their article: “Analyst Upgrades: TASER International, Inc., Shake Shack Inc, and Humana Inc” published on November 10, 2016, Nasdaq.com published: “Earnings Reaction History: Taser International Inc, 33.3% Follow-Through …” on November 09, 2016. More interesting news about TASER International, Inc. (NASDAQ:TASR) were released by: Seekingalpha.com and their article: “Taser: Great Quarter, More Upside To Come” published on November 10, 2016 as well as Fool.com‘s news article titled: “Why TASER International, Inc. Is a Buy Now” with publication date: October 13, 2016.
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).
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