Barclays PLC Buys 18,855 Shares of Byrna Technologies Inc. (NASDAQ:BYRN)

Barclays PLC boosted its position in shares of Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) by 321.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,719 shares of the company's stock after acquiring an additional 18,855 shares during the period. Barclays PLC owned approximately 0.11% of Byrna Technologies worth $419,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. FMR LLC lifted its holdings in shares of Byrna Technologies by 47.9% during the 3rd quarter. FMR LLC now owns 1,694,610 shares of the company's stock worth $28,758,000 after acquiring an additional 548,670 shares during the period. Millennium Management LLC lifted its stake in Byrna Technologies by 53.5% during the second quarter. Millennium Management LLC now owns 321,915 shares of the company's stock worth $3,213,000 after purchasing an additional 112,262 shares during the period. State Street Corp boosted its holdings in Byrna Technologies by 36.9% during the third quarter. State Street Corp now owns 314,315 shares of the company's stock valued at $5,334,000 after purchasing an additional 84,723 shares in the last quarter. Divisadero Street Capital Management LP acquired a new stake in Byrna Technologies during the second quarter valued at approximately $2,693,000. Finally, Bank of New York Mellon Corp grew its stake in shares of Byrna Technologies by 68.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 146,607 shares of the company's stock valued at $1,463,000 after purchasing an additional 59,738 shares during the period. Institutional investors and hedge funds own 25.46% of the company's stock.

Insider Buying and Selling at Byrna Technologies

In other news, CFO Laurilee Kearnes acquired 2,000 shares of the company's stock in a transaction on Thursday, October 10th. The stock was purchased at an average cost of $14.04 per share, with a total value of $28,080.00. Following the acquisition, the chief financial officer now owns 2,500 shares of the company's stock, valued at $35,100. This trade represents a 400.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 11.08% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Roth Mkm restated a "buy" rating and issued a $20.00 target price on shares of Byrna Technologies in a research note on Wednesday, October 30th. Three equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $17.75.

Byrna Technologies Stock Up 6.0 %

BYRN stock traded up $1.69 during midday trading on Friday, reaching $30.01. 413,977 shares of the company's stock traded hands, compared to its average volume of 411,388. The company has a market cap of $682.97 million, a price-to-earnings ratio of 333.48 and a beta of 1.80. The company has a 50-day simple moving average of $21.75 and a two-hundred day simple moving average of $15.72. Byrna Technologies Inc. has a 1-year low of $5.36 and a 1-year high of $31.32.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last announced its earnings results on Wednesday, October 9th. The company reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.05. Byrna Technologies had a return on equity of 5.58% and a net margin of 3.12%. The company had revenue of $20.85 million during the quarter, compared to analyst estimates of $20.82 million. Equities research analysts forecast that Byrna Technologies Inc. will post 0.19 EPS for the current year.

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.