104,390 Shares in Napco Security Technologies, Inc. (NASDAQ:NSSC) Purchased by Stanley Laman Group Ltd.

Stanley Laman Group Ltd. bought a new position in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 104,390 shares of the industrial products company's stock, valued at approximately $3,712,000. Stanley Laman Group Ltd. owned approximately 0.28% of Napco Security Technologies as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of NSSC. SkyOak Wealth LLC purchased a new stake in Napco Security Technologies in the 4th quarter valued at approximately $273,000. Copeland Capital Management LLC lifted its position in shares of Napco Security Technologies by 15.1% in the fourth quarter. Copeland Capital Management LLC now owns 1,194,623 shares of the industrial products company's stock valued at $42,481,000 after acquiring an additional 156,495 shares in the last quarter. Laurus Investment Counsel Inc. boosted its stake in shares of Napco Security Technologies by 27.6% during the fourth quarter. Laurus Investment Counsel Inc. now owns 79,560 shares of the industrial products company's stock valued at $2,829,000 after acquiring an additional 17,220 shares during the last quarter. Moody Aldrich Partners LLC increased its position in Napco Security Technologies by 9.6% during the 4th quarter. Moody Aldrich Partners LLC now owns 79,382 shares of the industrial products company's stock worth $2,823,000 after purchasing an additional 6,954 shares in the last quarter. Finally, KBC Group NV increased its position in Napco Security Technologies by 83.8% during the 4th quarter. KBC Group NV now owns 2,049 shares of the industrial products company's stock worth $73,000 after purchasing an additional 934 shares in the last quarter. Institutional investors and hedge funds own 85.07% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on NSSC shares. DA Davidson reduced their target price on shares of Napco Security Technologies from $55.00 to $48.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Lake Street Capital lowered their target price on shares of Napco Security Technologies from $60.00 to $41.00 and set a "buy" rating for the company in a research note on Tuesday, November 5th. StockNews.com upgraded Napco Security Technologies from a "sell" rating to a "hold" rating in a research note on Tuesday, December 3rd. Craig Hallum downgraded shares of Napco Security Technologies from a "buy" rating to a "hold" rating and set a $28.00 price target on the stock. in a research note on Tuesday, February 4th. Finally, Needham & Company LLC cut their price target on shares of Napco Security Technologies from $52.00 to $40.00 and set a "buy" rating on the stock in a report on Tuesday, February 4th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $38.17.

Napco Security Technologies Stock Performance

Shares of NASDAQ NSSC traded up $0.37 during midday trading on Monday, reaching $25.65. 446,672 shares of the company's stock were exchanged, compared to its average volume of 705,740. The stock has a market capitalization of $940.84 million, a PE ratio of 19.73 and a beta of 1.64. The business's fifty day moving average price is $33.95 and its two-hundred day moving average price is $39.34. Napco Security Technologies, Inc. has a 52-week low of $24.90 and a 52-week high of $58.09.

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last announced its quarterly earnings data on Monday, February 3rd. The industrial products company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.06). The firm had revenue of $42.90 million during the quarter, compared to the consensus estimate of $49.93 million. Napco Security Technologies had a net margin of 25.94% and a return on equity of 27.65%. The firm's quarterly revenue was down 9.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.34 earnings per share. Analysts predict that Napco Security Technologies, Inc. will post 1.55 earnings per share for the current fiscal year.

Napco Security Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date is Wednesday, March 12th. Napco Security Technologies's payout ratio is 38.46%.

Napco Security Technologies Profile

Napco Security Technologies, Inc develops, manufactures, and sells electronic security systems for commercial, residential, institutional, industrial, and governmental applications in the United States and internationally. Its access control systems include various types of identification readers, control panels, PC-based computers, and electronically activated door-locking devices; intrusion and fire alarm systems, consists of various detectors, a control panel, a digital keypad and signaling equipment; and door locking devices comprise microprocessor-based electronic door locks with push button, card readers and bio-metric operation, door alarms, mechanical door locks, and simple dead bolt locks.