McCollum Christoferson Group LLC Increases Stake in Byrna Technologies Inc. (NASDAQ:BYRN)

McCollum Christoferson Group LLC boosted its holdings in shares of Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) by 116.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 94,320 shares of the company's stock after buying an additional 50,800 shares during the quarter. McCollum Christoferson Group LLC owned approximately 0.41% of Byrna Technologies worth $2,717,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Quest Partners LLC purchased a new position in shares of Byrna Technologies in the 3rd quarter valued at $46,000. Charles Schwab Investment Management Inc. grew its stake in Byrna Technologies by 4.1% in 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 last quarter. FMR LLC raised its holdings in Byrna Technologies by 47.9% in the third quarter. FMR LLC now owns 1,694,610 shares of the company's stock worth $28,758,000 after purchasing an additional 548,670 shares in the last quarter. MetLife Investment Management LLC lifted its position in shares of Byrna Technologies by 129.1% during the third quarter. MetLife Investment Management LLC now owns 10,756 shares of the company's stock valued at $183,000 after buying an additional 6,061 shares during the last quarter. Finally, Walleye Capital LLC boosted its holdings in shares of Byrna Technologies by 1.3% in the 3rd quarter. Walleye Capital LLC now owns 52,379 shares of the company's stock valued at $889,000 after buying an additional 665 shares in the last quarter. Institutional investors own 25.46% of the company's stock.

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Insiders Place Their Bets

In related news, insider Lisa Wager sold 12,500 shares of the company's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $29.38, for a total transaction of $367,250.00. Following the completion of the transaction, the insider now owns 212,055 shares in the company, valued at $6,230,175.90. This represents a 5.57 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Luan Pham sold 33,483 shares of the firm's stock in a transaction dated 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 directly 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 currently owned by company insiders.

Analyst Upgrades and Downgrades

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

Byrna Technologies Stock Down 4.6 %

Shares of Byrna Technologies stock traded down $0.83 during midday trading on Friday, hitting $17.05. The company had a trading volume of 478,922 shares, compared to its average volume of 448,903. The company has a fifty day simple moving average of $25.77 and a 200 day simple moving average of $22.22. The stock has a market cap of $386.13 million, a price-to-earnings ratio of 31.57 and a beta of 1.64. Byrna Technologies Inc. has a 12-month low of $7.79 and a 12-month high of $34.78.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last issued its earnings results on Friday, February 7th. The company reported $0.17 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.12. Byrna Technologies had a return on equity of 15.39% and a net margin of 14.92%. As a group, analysts expect that Byrna Technologies Inc. will post 0.28 EPS for the current year.

Byrna Technologies 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.