Byrna Technologies Inc. (NASDAQ:BYRN - Get Free Report) CFO Laurilee Kearnes acquired 1,000 shares of the stock in a transaction dated Friday, November 15th. The stock was bought at an average price of $18.60 per share, for a total transaction of $18,600.00. Following the completion of the purchase, the chief financial officer now owns 3,500 shares in the company, valued at approximately $65,100. This trade represents a 40.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.
Laurilee Kearnes also recently made the following trade(s):
- On Thursday, October 10th, Laurilee Kearnes purchased 2,000 shares of Byrna Technologies stock. The stock was bought at an average cost of $14.04 per share, for a total transaction of $28,080.00.
Byrna Technologies Stock Performance
Shares of BYRN opened at $19.06 on Tuesday. The stock has a fifty day moving average price of $16.30 and a two-hundred day moving average price of $12.84. The company has a market cap of $433.81 million, a price-to-earnings ratio of 211.80 and a beta of 1.72. Byrna Technologies Inc. has a 52-week low of $5.09 and a 52-week high of $19.48.
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Byrna Technologies (NASDAQ:BYRN - Get Free Report) last released its quarterly earnings results on Wednesday, October 9th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.05. Byrna Technologies had a return on equity of 5.58% and a net margin of 3.12%. The business had revenue of $20.85 million during the quarter, compared to analysts' expectations of $20.82 million. As a group, research analysts predict that Byrna Technologies Inc. will post 0.17 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on BYRN shares. Roth Capital raised Byrna Technologies to a "strong-buy" rating in a report on Wednesday, August 28th. Roth Mkm reissued a "buy" rating and set a $20.00 price target on shares of Byrna Technologies in a report on Wednesday, October 30th. Three research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $17.75.
Check Out Our Latest Stock Report on Byrna Technologies
Institutional Trading of Byrna Technologies
Several hedge funds have recently modified their holdings of BYRN. Barclays PLC raised its position in Byrna Technologies by 321.5% in the 3rd quarter. Barclays PLC now owns 24,719 shares of the company's stock worth $419,000 after purchasing an additional 18,855 shares during the last quarter. State Street Corp raised 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. Centiva Capital LP bought a new stake in shares of Byrna Technologies during the third quarter worth $286,000. Verition Fund Management LLC lifted its stake in shares of Byrna Technologies by 113.9% during the third quarter. Verition Fund Management LLC now owns 34,018 shares of the company's stock valued at $577,000 after acquiring an additional 18,118 shares during the period. Finally, Walleye Capital LLC boosted its holdings in Byrna Technologies by 1.3% in the third 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. 25.46% of the stock is owned by institutional investors.
About Byrna Technologies
(
Get Free Report)
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.
Further Reading
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