Byrna Technologies Inc. (NASDAQ:BYRN - Get Free Report) COO John Brasseur bought 728 shares of the firm's stock in a transaction on Tuesday, April 15th. The stock was bought at an average price of $20.19 per share, with a total value of $14,698.32. Following the completion of the purchase, the chief operating officer now owns 9,068 shares of the company's stock, valued at $183,082.92. This trade represents a 8.73 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Byrna Technologies Stock Performance
Shares of BYRN opened at $21.78 on Friday. The firm has a fifty day moving average of $21.72 and a 200-day moving average of $22.34. The company has a market cap of $493.69 million, a price-to-earnings ratio of 40.33 and a beta of 2.19. Byrna Technologies Inc. has a 1 year low of $7.79 and a 1 year high of $34.78.
Byrna Technologies (NASDAQ:BYRN - Get Free Report) last posted its earnings results on Thursday, April 10th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.05. Byrna Technologies had a net margin of 14.92% and a return on equity of 15.39%. The firm had revenue of $26.19 million during the quarter, compared to analyst estimates of $23.26 million. Analysts predict that Byrna Technologies Inc. will post 0.28 EPS for the current year.
Institutional Trading of Byrna Technologies
Several large investors have recently added to or reduced their stakes in the business. Quarry LP acquired a new position in shares of Byrna Technologies during the fourth quarter valued at $25,000. Russell Investments Group Ltd. bought a new stake in shares of Byrna Technologies during the 4th quarter worth about $29,000. Global Retirement Partners LLC acquired a new stake in shares of Byrna Technologies in the 4th quarter worth approximately $30,000. NCP Inc. bought a new position in shares of Byrna Technologies in the fourth quarter valued at approximately $37,000. Finally, BNP Paribas Financial Markets acquired a new position in shares of Byrna Technologies during the fourth quarter valued at approximately $65,000. 25.46% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Separately, Roth Mkm reissued a "buy" rating and issued a $33.00 price target on shares of Byrna Technologies in a report on Thursday, March 20th.
Check Out Our Latest Research Report on BYRN
Byrna Technologies Company Profile
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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.
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