Guess Who Picked Taser International Inc. (NASDAQ:TASR) Shares

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Taser International Inc. (NASDAQ:TASR) reported that Villere St Denis J & Co Llc. has picked up 3,314,363 of common stock as of 2017-04-04.

The acquisition brings the aggregate amount owned by Villere St Denis J & Co Llc. to a total of 3,314,363 representing a 6.34% stake in the company.

For those not familiar with the company, TASER International, Inc. is engaged in development, manufacture and sale of conducted electrical weapons (CEWs) for use by law enforcement, military, corrections and private security personnel, and by private individuals for personal defense. The Company is also engaged in development of connected wearable on-officer cameras. It operates through two segments: the sale of CEWs, accessories, and other related products and services (the TASER Weapons segment), and the Axon business, focused on devices, wearables, applications, cloud and mobile products (the Axon segment). Its TASER Weapons product line includes TASER X26P, TASER X2, TASER C2, TASER Pulse and Replacement Cartridges. Its hardware products include Axon Body 2, Axon Flex, Axon Flex 2, TASER CAM HD, Axon Fleet, Axon Interview, Axon Signal and Axon Dock. Its Axon software and mobile technologies include Evidence.com, Evidence.com for Prosecutors, Evidence Sync, Axon Capture, Axon View, Axon Five, Axon Convert and Axon Detect.

A glance at Taser International Inc. (NASDAQ:TASR)’s key stats reveals a current market capitalization of 1.17 Billion based on 52.33 Million shares outstanding and a price at last close of $22.36 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-03-07, Partovi picked up 50,000 at a purchase price of $19.91. This brings their total holding to 267,406 as of the date of the filing.

On the sell side, the most recent transaction saw Behrendt unload 19,751 shares at a sale price of $23.01. This brings their total holding to 30,762.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Taser International Inc. (NASDAQ:TASR) as things move forward to see if its progress aligns with these transactions.

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