State Street Corp Has $5.33 Million Stake in Byrna Technologies Inc. (NASDAQ:BYRN)

State Street Corp boosted its position in shares of Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) by 36.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 314,315 shares of the company's stock after acquiring an additional 84,723 shares during the period. State Street Corp owned 1.38% of Byrna Technologies worth $5,334,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. FMR LLC raised its stake in Byrna Technologies by 47.9% during the 3rd quarter. FMR LLC now owns 1,694,610 shares of the company's stock valued at $28,758,000 after purchasing an additional 548,670 shares during the last quarter. Cubist Systematic Strategies LLC raised its position in shares of Byrna Technologies by 145.1% during the second quarter. Cubist Systematic Strategies LLC now owns 76,202 shares of the company's stock valued at $760,000 after buying an additional 45,118 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of Byrna Technologies in the second quarter valued at about $408,000. Charles Schwab Investment Management Inc. lifted its stake in shares of 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 buying an additional 2,021 shares during the period. Finally, Bank of New York Mellon Corp grew its position in Byrna Technologies by 68.8% during the second quarter. Bank of New York Mellon Corp now owns 146,607 shares of the company's stock worth $1,463,000 after buying an additional 59,738 shares in the last quarter. 25.46% of the stock is currently owned by institutional investors.

Byrna Technologies Price Performance

Shares of Byrna Technologies stock traded up $0.18 during trading on Monday, hitting $30.24. 367,513 shares of the company's stock traded hands, compared to its average volume of 348,390. The company has a market cap of $688.20 million, a PE ratio of 336.04 and a beta of 1.80. The firm's fifty day moving average price is $20.37 and its 200 day moving average price is $15.11. Byrna Technologies Inc. has a twelve month low of $5.36 and a twelve month high of $31.32.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last released its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $20.82 million. As a group, equities research analysts anticipate that Byrna Technologies Inc. will post 0.19 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Roth Mkm reiterated a "buy" rating and issued a $20.00 price objective on shares of Byrna Technologies in a research report on Wednesday, October 30th. Three investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $17.75.

Insider Activity at Byrna Technologies

In other news, CFO Laurilee Kearnes bought 2,000 shares of the company's stock in a transaction that occurred on Thursday, October 10th. The stock was acquired at an average price of $14.04 per share, for a total transaction of $28,080.00. Following the transaction, the chief financial officer now directly owns 2,500 shares of the company's stock, valued at $35,100. This trade represents a 400.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 11.08% of the stock is owned by insiders.

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.