What’s Propelling TASER International, Inc. to Increase So Much?

 What's Propelling TASER International, Inc. to Increase So Much?

In today’s session TASER International, Inc. (TASR) registered an unusually high (5,934) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious TASR increase. With 5,934 contracts traded and 14634 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: TASR161118C00024000 closed last at: $1.05 or 90.9% up. About 174,177 shares traded hands. TASER International, Inc. (NASDAQ:TASR) has risen 45.29% since April 11, 2016 and is uptrending. It has outperformed by 39.14% the S&P500.

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

Out of 6 analysts covering TASER International (NASDAQ:TASR), 4 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 67% are positive. $35 is the highest target while $27 is the lowest. The $32.33 average target is 21.95% above today’s ($26.51) stock price. TASER International has been the topic of 10 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The company was downgraded on Monday, October 3 by Ladenburg Thalmann. Craig Hallum maintained TASER International, Inc. (NASDAQ:TASR) rating on Thursday, November 10. Craig Hallum has “Buy” rating and $35 price target. The rating was upgraded by CL King on Wednesday, July 6 to “Buy”. The firm has “Buy” rating by Sidoti given on Thursday, September 24. The rating was upgraded by Ladenburg Thalmann to “Buy” on Wednesday, November 18. Imperial Capital initiated TASER International, Inc. (NASDAQ:TASR) rating on Friday, October 14. Imperial Capital has “Outperform” rating and $27 price target. The firm has “In-Line” rating given on Friday, November 11 by Imperial Capital. As per Wednesday, January 6, the company rating was upgraded by JP Morgan. The stock of TASER International, Inc. (NASDAQ:TASR) earned “Hold” rating by Zacks on Wednesday, August 5.

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 worsened, 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.
Spot Trading Limited Liability Corporation has 0% invested in the company for 4,860 shares. Juncture Wealth Strategies Lc has invested 0.43% of its portfolio in TASER International, Inc. (NASDAQ:TASR). State Of New Jersey Common Pension Fund D accumulated 0.18% or 1.60 million shares. Prudential Fincl has invested 0.01% of its portfolio in TASER International, Inc. (NASDAQ:TASR). Kcg Hldg Inc last reported 0.01% of its portfolio in the stock. Hightower Advsrs Limited Liability Corp accumulated 29,245 shares or 0.01% of the stock. Sandler Management holds 591,000 shares or 1.94% of its portfolio. Voya Investment Mngmt Limited Liability Corporation has 0% invested in the company for 23,737 shares. Willingdon Wealth Mngmt holds 75,946 shares or 0.97% of its portfolio. Commonwealth Equity Ser Inc has 0.01% invested in the company for 33,708 shares. Ashford Mngmt reported 283,173 shares or 1.58% of all its holdings. Wellington Shields Cap Limited Liability Com has 45,230 shares for 0.19% of their US portfolio. Renaissance Lc accumulated 15,140 shares or 0.02% of the stock. New York State Common Retirement Fund has invested 0.02% of its portfolio in TASER International, Inc. (NASDAQ:TASR). Nationwide Fund Advisors owns 33,928 shares or 0% of their US portfolio.

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 $1.57 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 88.98 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: “TASER International, Inc. Has Another Record Quarter on Body Camera Growth” on November 10, 2016, also Fool.com with their article: “Why TASER International, Inc. Shares Plunged 21.8% Last Month” published on November 08, 2016, Fool.com published: “Why Fossil Group, TASER International, and SodaStream Jumped Today” on November 10, 2016. More interesting news about TASER International, Inc. (NASDAQ:TASR) were released by: Nasdaq.com and their article: “Earnings Reaction History: Taser International Inc, 33.3% Follow-Through …” published on November 09, 2016 as well as Fool.com‘s news article titled: “Why TASER International, Inc. Is a Buy Now” with publication date: October 13, 2016.

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