B. Riley Increases Earnings Estimates for Byrna Technologies

Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) - Investment analysts at B. Riley raised their Q1 2025 EPS estimates for Byrna Technologies in a research note issued to investors on Wednesday, March 5th. B. Riley analyst J. Van. Sinderen now forecasts that the company will earn ($0.02) per share for the quarter, up from their prior estimate of ($0.04). The consensus estimate for Byrna Technologies' current full-year earnings is $0.28 per share.

Byrna Technologies Trading Down 5.0 %

BYRN stock traded down $1.03 during trading on Monday, reaching $19.36. 278,959 shares of the stock were exchanged, compared to its average volume of 567,726. The stock has a 50 day simple moving average of $27.99 and a 200-day simple moving average of $21.78. Byrna Technologies has a twelve month low of $7.79 and a twelve month high of $34.78. The company has a market capitalization of $438.47 million, a P/E ratio of 35.88 and a beta of 1.64.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last issued its quarterly earnings results on Friday, February 7th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.12. Byrna Technologies had a return on equity of 15.39% and a net margin of 14.92%.

Institutional Investors Weigh In On Byrna Technologies

A number of hedge funds have recently modified their holdings of the business. Quarry LP acquired a new stake in Byrna Technologies in the 4th quarter valued at approximately $25,000. Russell Investments Group Ltd. acquired a new stake in shares of Byrna Technologies in the fourth quarter valued at approximately $29,000. Global Retirement Partners LLC bought a new position in shares of Byrna Technologies in the fourth quarter valued at about $30,000. NCP Inc. bought a new stake in shares of Byrna Technologies during the fourth quarter worth approximately $37,000. Finally, Quest Partners LLC bought a new stake in Byrna Technologies in the 3rd quarter valued at $46,000. Institutional investors and hedge funds own 25.46% of the company's stock.

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Insider Transactions at Byrna Technologies

In other news, insider Lisa Wager sold 12,500 shares of the company's stock in a transaction on 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 of the company's stock, valued at $6,230,175.90. This represents a 5.57 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Luan Pham sold 33,483 shares of the stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $30.19, for a total transaction of $1,010,851.77. Following the completion of the transaction, the insider now owns 19,148 shares in the company, valued at $578,078.12. This represents a 63.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 11.08% of the stock is owned by company insiders.

Byrna Technologies Company Profile

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.