Byrna Technologies Inc. (NASDAQ:BYRN - Get Free Report) Director Emily Rooney acquired 2,500 shares of the business's stock in a transaction that occurred on Tuesday, April 22nd. The shares were acquired at an average cost of $20.50 per share, for a total transaction of $51,250.00. Following the completion of the acquisition, the director now owns 37,564 shares of the company's stock, valued at $770,062. This trade represents a 7.13 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Byrna Technologies Stock Up 5.3 %
Shares of BYRN opened at $22.25 on Thursday. The company has a market capitalization of $504.34 million, a price-to-earnings ratio of 41.20 and a beta of 2.19. Byrna Technologies Inc. has a 52 week low of $7.79 and a 52 week high of $34.78. The stock's 50-day moving average price is $21.06 and its 200-day moving average price is $22.41.
Byrna Technologies (NASDAQ:BYRN - Get Free Report) last announced its quarterly 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. The company had revenue of $26.19 million during the quarter, compared to the consensus estimate of $23.26 million. Byrna Technologies had a return on equity of 15.39% and a net margin of 14.92%. As a group, equities analysts anticipate that Byrna Technologies Inc. will post 0.28 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, Roth Mkm restated a "buy" rating and set a $33.00 target price on shares of Byrna Technologies in a research report on Thursday, March 20th.
Read Our Latest Stock Analysis on BYRN
Institutional Trading of Byrna Technologies
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quarry LP acquired a new position in shares of Byrna Technologies in the fourth quarter worth about $25,000. Russell Investments Group Ltd. purchased a new position in shares of Byrna Technologies in the 4th quarter valued at about $29,000. Global Retirement Partners LLC acquired a new position in Byrna Technologies in the 4th quarter worth about $30,000. NCP Inc. purchased a new position in Byrna Technologies during the fourth quarter worth approximately $37,000. Finally, BNP Paribas Financial Markets acquired a new stake in Byrna Technologies in the fourth quarter valued at approximately $65,000. Institutional investors and hedge funds own 25.46% of the company's stock.
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.
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