Byrna Technologies Inc. (NASDAQ:BYRN - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $23.81, but opened at $25.30. Byrna Technologies shares last traded at $22.41, with a volume of 119,034 shares changing hands.
Byrna Technologies Price Performance
The company has a market capitalization of $509.10 million, a PE ratio of 41.63 and a beta of 1.64. The company has a 50-day moving average of $28.56 and a two-hundred day moving average of $21.67.
Byrna Technologies (NASDAQ:BYRN - Get Free Report) last released its earnings results on Friday, February 7th. The company reported $0.17 earnings per share 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%. As a group, research analysts anticipate that Byrna Technologies Inc. will post 0.28 EPS for the current year.
Insider Activity
In related news, insider Luan Pham sold 33,483 shares of the business's 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 sale, the insider now directly owns 19,148 shares in the company, valued at approximately $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 Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Lisa Wager sold 12,500 shares of the business's stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $29.38, for a total value of $367,250.00. Following the completion of the sale, the insider now owns 212,055 shares in the company, valued at $6,230,175.90. This represents a 5.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 11.08% of the company's stock.
Institutional Investors Weigh In On Byrna Technologies
Hedge funds have recently made changes to their positions in the company. Quarry LP purchased a new stake in shares of Byrna Technologies in the fourth quarter worth about $25,000. Russell Investments Group Ltd. purchased a new stake in shares of Byrna Technologies in the fourth quarter worth about $29,000. Global Retirement Partners LLC purchased a new stake in shares of Byrna Technologies in the fourth quarter worth about $30,000. NCP Inc. purchased a new stake in shares of Byrna Technologies in the fourth quarter worth about $37,000. Finally, BNP Paribas Financial Markets bought a new stake in Byrna Technologies during the fourth quarter worth approximately $65,000. 25.46% of the stock is currently owned by hedge funds and other institutional investors.
Byrna Technologies Company Profile
(
Get Free Report)
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.
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