Emerald Advisers LLC Has $19.03 Million Stock Position in Napco Security Technologies, Inc. (NASDAQ:NSSC)

Emerald Advisers LLC grew its stake in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC - Free Report) by 5.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 535,092 shares of the industrial products company's stock after acquiring an additional 26,835 shares during the period. Emerald Advisers LLC owned 1.46% of Napco Security Technologies worth $19,028,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of NSSC. First Horizon Advisors Inc. boosted its position in Napco Security Technologies by 109.7% during the third quarter. First Horizon Advisors Inc. now owns 1,107 shares of the industrial products company's stock valued at $45,000 after purchasing an additional 579 shares during the last quarter. KBC Group NV raised its stake in shares of Napco Security Technologies by 61.4% during the 3rd quarter. KBC Group NV now owns 1,115 shares of the industrial products company's stock worth $45,000 after purchasing an additional 424 shares in the last quarter. Arcadia Investment Management Corp MI acquired a new stake in shares of Napco Security Technologies during the 4th quarter valued at about $86,000. Farther Finance Advisors LLC grew its stake in shares of Napco Security Technologies by 290.9% in the 4th quarter. Farther Finance Advisors LLC now owns 2,830 shares of the industrial products company's stock valued at $101,000 after buying an additional 2,106 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Napco Security Technologies in the fourth quarter worth approximately $220,000. 85.07% of the stock is owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

A number of analysts have issued reports on NSSC shares. TD Cowen cut shares of Napco Security Technologies from a "buy" rating to a "hold" rating and reduced their target price for the company from $46.00 to $27.00 in a research note on Tuesday, February 4th. Lake Street Capital decreased their price objective on shares of Napco Security Technologies from $30.00 to $28.00 and set a "buy" rating for the company in a report on Tuesday. StockNews.com raised Napco Security Technologies from a "sell" rating to a "hold" rating in a research report on Tuesday, December 3rd. Needham & Company LLC dropped their price target on shares of Napco Security Technologies from $40.00 to $37.00 and set a "buy" rating on the stock in a research report on Friday, March 21st. Finally, Craig Hallum lowered shares of Napco Security Technologies from a "buy" rating to a "hold" rating and set a $28.00 target price on the stock. in a research note on Tuesday, February 4th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Napco Security Technologies has a consensus rating of "Hold" and a consensus price target of $35.50.

Napco Security Technologies Price Performance

Shares of NSSC traded down $0.48 on Thursday, hitting $23.34. The company's stock had a trading volume of 431,100 shares, compared to its average volume of 459,708. The company has a market capitalization of $849.60 million, a PE ratio of 17.95 and a beta of 1.59. Napco Security Technologies, Inc. has a fifty-two week low of $23.00 and a fifty-two week high of $58.09. The company has a 50 day moving average price of $27.39 and a 200 day moving average price of $34.37.

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last posted its quarterly earnings data on Monday, February 3rd. The industrial products company reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.34 by ($0.06). Napco Security Technologies had a return on equity of 27.65% and a net margin of 25.94%. The business had revenue of $42.90 million during the quarter, compared to analyst estimates of $49.93 million. During the same period in the prior year, the firm posted $0.34 EPS. Napco Security Technologies's revenue for the quarter was down 9.3% compared to the same quarter last year. On average, equities analysts forecast that Napco Security Technologies, Inc. will post 1.24 EPS for the current year.

Napco Security Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 12th will be given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend is Wednesday, March 12th. Napco Security Technologies's payout ratio is presently 38.46%.

Napco Security Technologies Company Profile

Napco Security Technologies, Inc develops, manufactures, and sells electronic security systems for commercial, residential, institutional, industrial, and governmental applications in the United States and internationally. Its access control systems include various types of identification readers, control panels, PC-based computers, and electronically activated door-locking devices; intrusion and fire alarm systems, consists of various detectors, a control panel, a digital keypad and signaling equipment; and door locking devices comprise microprocessor-based electronic door locks with push button, card readers and bio-metric operation, door alarms, mechanical door locks, and simple dead bolt locks.