James John Court, a director at Axos Financial Inc, executed a sale of 11,163 shares of the company's common stock on February 6, 2026. The trades were carried out in multiple transactions at prices between $100.77 and $101.42, producing aggregate proceeds of approximately $1.13 million.
After completing these sales, Court retains direct ownership of 32,169 Axos Financial shares. In addition to that direct holding, Court has an indirect position of 1,200 shares held through a spousal IRA account.
These insider transactions come as Axos Financial disclosed strong results for the second quarter of fiscal year 2026. The company reported earnings per share of $2.25, topping the consensus projection of $2.07 by 8.7%. Revenue for the quarter was $385.1 million, exceeding expectations by 10.9%.
Following the release of those results, several research firms adjusted their price targets on Axos Financial shares. DA Davidson raised its target to $112, citing strong core loan and deposit growth. Keefe, Bruyette & Woods increased its target to $110, highlighting a linked-quarter annualized loan growth rate of 29%. Needham also set a $110 price target, pointing to better-than-expected performance in core loan growth and fee income.
The juxtaposition of an insider sale and the company’s robust quarterly performance is presented here purely as reported facts. The article does not provide any statements from Court explaining the sale, nor does it supply forward guidance from the company about future quarters. The analyst adjustments named above were explicitly tied in the reports to loan and deposit expansion as well as fee income strength.
Clear summary
Director James John Court sold 11,163 Axos Financial shares on February 6, 2026, for roughly $1.13 million across multiple trades at prices between $100.77 and $101.42. After the sale, Court directly owns 32,169 shares and indirectly holds 1,200 shares via a spousal IRA. Separately, Axos reported second-quarter fiscal 2026 results with EPS of $2.25 and revenue of $385.1 million, both above forecasts. In response, DA Davidson, Keefe, Bruyette & Woods and Needham raised price targets, citing strong loan and deposit growth and fee income.
Key points
- Insider transaction - Director James John Court sold 11,163 shares on February 6, 2026, for about $1.13 million; trade prices ranged from $100.77 to $101.42.
- Ownership after sale - Court directly holds 32,169 shares and indirectly holds 1,200 shares through a spousal IRA.
- Company performance and analyst reaction - Axos reported Q2 fiscal 2026 EPS of $2.25 and revenue of $385.1 million, beating estimates; DA Davidson, Keefe, Bruyette & Woods and Needham raised price targets citing loan and deposit growth and fee income.
Sectors impacted: Banking and financial services, equity markets.
Risks and uncertainties
- Motivation for insider sale is not disclosed - the article provides the transaction details but does not include any explanation from James John Court regarding why the shares were sold.
- Limited forward information - the report details Q2 fiscal 2026 results and analyst target changes but does not include company-provided forward guidance for upcoming periods.