RBC Cuts Stake in Axon Enterprise
Royal Bank of Canada (RBC) has reduced its stake in Axon Enterprise, Inc. (NASDAQ:AXON), selling 59,470 shares during the first quarter.
The bank's holdings in Axon now comprise 0.31% of the company's total stock value, worth $107,326,000 at the end of the most recent reporting period.
This move is part of a larger trend where institutional investors have been buying and selling shares of AXON.