Byrna Technologies Inc. (NASDAQ:BYRN) Insider Lisa Wager Sells 12,500 Shares of Stock

Byrna Technologies Inc. (NASDAQ:BYRN) insider Lisa Wager sold 12,500 shares of the stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $29.38, for a total value of $367,250.00. Following the sale, the insider now owns 212,055 shares of the company’s stock, valued at $6,230,175.90. This represents a 5.57 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Byrna Technologies Price Performance

NASDAQ BYRN opened at $28.51 on Friday. The stock has a market capitalization of $645.75 million, a PE ratio of 52.80 and a beta of 1.65. The business has a 50 day simple moving average of $29.30 and a two-hundred day simple moving average of $20.48. Byrna Technologies Inc. has a 1-year low of $7.79 and a 1-year high of $34.78.

Byrna Technologies (NASDAQ:BYRN) last announced its earnings results on Friday, February 7th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.12. Byrna Technologies had a return on equity of 15.39% and a net margin of 14.92%. On average, analysts anticipate that Byrna Technologies Inc. will post 0.28 EPS for the current fiscal year.

Institutional Investors Weigh In On Byrna Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of BYRN. State of Wyoming purchased a new position in shares of Byrna Technologies in the 4th quarter valued at $180,000. Malaga Cove Capital LLC purchased a new position in shares of Byrna Technologies in the 4th quarter valued at $236,000. Man Group plc purchased a new position in shares of Byrna Technologies in the 4th quarter valued at $1,779,000. Nuveen Asset Management LLC increased its holdings in shares of Byrna Technologies by 1,039.5% in the 4th quarter. Nuveen Asset Management LLC now owns 266,239 shares of the company’s stock valued at $7,670,000 after acquiring an additional 242,875 shares during the period. Finally, Occudo Quantitative Strategies LP increased its holdings in shares of Byrna Technologies by 12.5% in the 4th quarter. Occudo Quantitative Strategies LP now owns 18,641 shares of the company’s stock valued at $537,000 after acquiring an additional 2,067 shares during the period. 25.46% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Roth Mkm restated a “buy” rating and set a $20.00 price target on shares of Byrna Technologies in a report on Wednesday, October 30th. Three analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $17.75.

Byrna Technologies Company 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.