SG Americas Securities LLC Acquires Shares of 4,649 Byrna Technologies Inc. (NASDAQ:BYRN)

SG Americas Securities LLC acquired a new position in shares of Byrna Technologies Inc. (NASDAQ:BYRN) during the 4th quarter, Holdings Channel.com reports. The fund acquired 4,649 shares of the company’s stock, valued at approximately $134,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. FMR LLC lifted its stake in Byrna Technologies by 47.9% during the 3rd quarter. FMR LLC now owns 1,694,610 shares of the company’s stock valued at $28,758,000 after acquiring an additional 548,670 shares during the period. Millennium Management LLC lifted its holdings in Byrna Technologies by 53.5% in the 2nd quarter. Millennium Management LLC now owns 321,915 shares of the company’s stock worth $3,213,000 after purchasing an additional 112,262 shares in the last quarter. State Street Corp boosted its position in shares of Byrna Technologies by 36.9% during the third quarter. State Street Corp now owns 314,315 shares of the company’s stock worth $5,334,000 after acquiring an additional 84,723 shares during the last quarter. GSA Capital Partners LLP increased its holdings in shares of Byrna Technologies by 86.6% in the third quarter. GSA Capital Partners LLP now owns 59,608 shares of the company’s stock worth $1,012,000 after purchasing an additional 27,662 shares during the last quarter. Finally, Walleye Capital LLC boosted its position in shares of Byrna Technologies by 1.3% during the 3rd quarter. Walleye Capital LLC now owns 52,379 shares of the company’s stock valued at $889,000 after acquiring an additional 665 shares during the last quarter. Hedge funds and other institutional investors own 25.46% of the company’s stock.

Byrna Technologies Stock Performance

Shares of BYRN stock opened at $34.19 on Tuesday. Byrna Technologies Inc. has a fifty-two week low of $7.79 and a fifty-two week high of $34.78. The stock’s 50-day simple moving average is $27.42 and its 200-day simple moving average is $19.22. The firm has a market capitalization of $778.16 million, a PE ratio of 379.93 and a beta of 1.65.

Byrna Technologies (NASDAQ:BYRN) last released its quarterly earnings results on Friday, February 7th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.12. Byrna Technologies had a return on equity of 5.58% and a net margin of 3.12%. Sell-side analysts forecast that Byrna Technologies Inc. will post 0.19 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Roth Mkm reaffirmed a “buy” rating and set a $20.00 price target on shares of Byrna Technologies in a research note on Wednesday, October 30th. Three investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Byrna Technologies has an average rating of “Buy” and an average price target of $17.75.

Byrna Technologies Profile

Byrna Technologies Inc, a non-lethal defense technology company, provides non-lethal alternative solutions for law enforcement and private security. The company offers handheld personal security devices and shoulder-fired launchers without the need for background check or firearm license; and projectiles including chemical irritant, kinetic, and inert rounds.