B. Riley Wealth Advisors 13F: New $3.8M Stake in AX

In a Form 13F filing with the SEC on October 13, 2026, B. Riley Wealth Advisors disclosed that it opened a brand-new position in Axos Financial, Inc. (NYSE:AX). Institutional holdings reports like this are backward-looking and reflect ownership as of the close of the reported quarter, meaning they may not represent the firm's current holdings today.

What Changed in B. Riley Wealth Advisors's Axos Financial Position

B. Riley Wealth Advisors bought 43,475 shares of Axos Financial during the period. The reported value of the new stake stood at $3,763,631. Because this was a brand-new position, the firm held zero shares prior to this filing.

Other Institutional Activity in Axos Financial

Other large money managers also adjusted their stakes in the regional bank around the same reporting period. Blackrock Inc. grew its holdings by 68,234 shares, ending with 8,389,477 shares worth about $739,448,497 after a 0.8% increase. Vanguard Portfolio Management LLC lifted its position by 46,052 shares, holding 3,136,801 shares valued at roughly $276,477,638 following a 1.5% bump. State Street Corporation boosted its stake by 207,302 shares, finishing with 3,023,908 shares worth about $266,527,249 after a 7.4% rise. FMR, LLC expanded its holdings by 531,642 shares to reach 2,969,246 shares valued at roughly $261,709,340, marking a 21.8% increase. Finally, American Century Companies Inc raised its position by 195,305 shares, closing out the period with 2,705,653 shares worth about $238,476,253 following a 7.8% gain.

Axos Financial, Inc. Stock Up 1.8%

Axos Financial shares recently traded around $89.10. The stock has moved within a 52-week range of $74.89 to $105.74.

Recent Earnings

Axos Financial posted trailing twelve-month revenue of $1,379,388,032 alongside earnings of $8.48 per share. The regional bank reported a net profit margin of 35.5% and a return on equity of 16.8%. Its revenue grew 18.1% year-over-year. The company's next quarterly update is scheduled for October 29, 2026.

Insider Buying and Selling at Axos Financial, Inc.

Company insiders executed several transactions prior to the filing. Director Roque A Santi sold 500 shares on May 8, 2026, at $87.77 for a total of $43,885. Divisional Officer Michael James Watson parted with 1,653 shares on May 19, 2026, at $83.77 totaling $138,470. Officer Thomas M. Constantine disposed of 1,994 shares on June 8, 2026, at $88.55 worth $176,575. Later, on August 5, 2026, Director Roque A Santi sold another 500 shares at $105.30 for a total of $52,650.

Analysts Set New Price Targets

Wall Street firms actively covered the bank with several rating updates. On July 9, 2026, Benchmark initiated coverage with a buy rating and a $115.00 price target. Needham maintained a buy rating on July 31, 2026, while raising its target from $110.00 to $128.00. Keefe, Bruyette & Woods maintained a market perform rating on July 31, 2026, raising its target from $105.00 to $110.00. Benchmark reiterated a buy rating on August 13, 2026, lifting its target from $115.00 to $120.00. Needham reaffirmed a buy rating with a $128.00 target on October 5, 2026. Overall, the stock carries a consensus strong buy recommendation from seven analysts, with a mean price target of $117.71.

About Axos Financial

Axos Financial operates as a digital-first financial services holding company providing banking and securities products to consumer and business customers across the United States. Through its banking and securities divisions, the institution offers various checking, savings, and money market deposit products. Institutional interest remains strong as the company prepares for its upcoming earnings release.

Bottom Line

Investors will look closely at Axos Financial's upcoming earnings report on October 29, 2026, for further clues on loan growth and deposit trends. Because 13F filings look backward, B. Riley Wealth Advisors may have adjusted its holdings further since the quarter ended.