Arrowstreet Capital Limited Partnership Has $2.61 Million Stock Position in Byrna Technologies Inc. (NASDAQ:BYRN)

Arrowstreet Capital Limited Partnership boosted its position in shares of Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) by 248.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 90,632 shares of the company's stock after acquiring an additional 64,593 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.40% of Byrna Technologies worth $2,611,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in BYRN. Charles Schwab Investment Management Inc. increased its position in shares of Byrna Technologies by 4.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 50,958 shares of the company's stock valued at $865,000 after purchasing an additional 2,021 shares during the period. Verition Fund Management LLC increased its holdings in Byrna Technologies by 113.9% in the 3rd quarter. Verition Fund Management LLC now owns 34,018 shares of the company's stock valued at $577,000 after buying an additional 18,118 shares during the period. Centiva Capital LP acquired a new position in shares of Byrna Technologies in the 3rd quarter valued at $286,000. State Street Corp raised its stake in shares of Byrna Technologies by 36.9% in the 3rd quarter. State Street Corp now owns 314,315 shares of the company's stock valued at $5,334,000 after buying an additional 84,723 shares in the last quarter. Finally, Barclays PLC lifted its holdings in shares of Byrna Technologies by 321.5% during the 3rd quarter. Barclays PLC now owns 24,719 shares of the company's stock worth $419,000 after acquiring an additional 18,855 shares during the period. Institutional investors and hedge funds own 25.46% of the company's stock.

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Insider Buying and Selling at Byrna Technologies

In related news, insider Luan Pham sold 33,483 shares of Byrna Technologies stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $30.19, for a total value of $1,010,851.77. Following the completion of the transaction, the insider now directly owns 19,148 shares of the company's stock, valued at $578,078.12. The trade was a 63.62 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Lisa Wager sold 12,500 shares of the company's stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $29.38, for a total transaction of $367,250.00. Following the transaction, the insider now owns 212,055 shares in the company, valued at approximately $6,230,175.90. This trade represents a 5.57 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 11.08% of the company's stock.

Byrna Technologies Price Performance

Shares of Byrna Technologies stock traded up $0.17 during midday trading on Tuesday, hitting $20.60. 169,746 shares of the company were exchanged, compared to its average volume of 469,863. The firm has a 50 day simple moving average of $22.48 and a 200-day simple moving average of $22.29. Byrna Technologies Inc. has a 52 week low of $7.79 and a 52 week high of $34.78. The firm has a market cap of $466.83 million, a P/E ratio of 38.19 and a beta of 2.19.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last issued its earnings results on Thursday, April 10th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.02 by $0.05. The company had revenue of $26.19 million for the quarter, compared to the consensus estimate of $23.26 million. Byrna Technologies had a net margin of 14.92% and a return on equity of 15.39%. Equities research analysts expect that Byrna Technologies Inc. will post 0.28 earnings per share for the current year.

Analyst Ratings Changes

Separately, Roth Mkm reissued a "buy" rating and issued a $33.00 target price on shares of Byrna Technologies in a research note on Thursday, March 20th.

About Byrna Technologies

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.