GSA Capital Partners LLP Purchases 27,662 Shares of Byrna Technologies Inc. (NASDAQ:BYRN)

GSA Capital Partners LLP grew its holdings in shares of Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) by 86.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 59,608 shares of the company's stock after buying an additional 27,662 shares during the period. GSA Capital Partners LLP owned 0.26% of Byrna Technologies worth $1,012,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. nVerses Capital LLC bought a new position in Byrna Technologies in the third quarter worth about $34,000. Algert Global LLC bought a new position in shares of Byrna Technologies in the 2nd quarter worth approximately $131,000. Hamilton Wealth LLC bought a new position in shares of Byrna Technologies in the 1st quarter worth approximately $146,000. Dimensional Fund Advisors LP lifted its stake in shares of Byrna Technologies by 17.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 20,016 shares of the company's stock valued at $200,000 after purchasing an additional 2,976 shares during the period. Finally, Rhumbline Advisers bought a new stake in shares of Byrna Technologies during the second quarter valued at approximately $205,000. Institutional investors own 25.46% of the company's stock.

Byrna Technologies Trading Down 2.3 %

Byrna Technologies stock traded down $0.44 during mid-day trading on Friday, hitting $18.32. The company had a trading volume of 355,109 shares, compared to its average volume of 317,704. Byrna Technologies Inc. has a 12 month low of $4.91 and a 12 month high of $19.48. The company has a market capitalization of $416.93 million, a PE ratio of 203.56 and a beta of 1.72. The stock's 50 day moving average price is $16.22 and its two-hundred day moving average price is $12.80.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last announced its quarterly earnings data on Wednesday, October 9th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.05. The company had revenue of $20.85 million for the quarter, compared to the consensus estimate of $20.82 million. Byrna Technologies had a net margin of 3.12% and a return on equity of 5.58%. Equities research analysts anticipate that Byrna Technologies Inc. will post 0.17 EPS for the current year.

Insider Buying and Selling

In related news, CEO Bryan Ganz sold 17,442 shares of Byrna Technologies stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $15.40, for a total value of $268,606.80. Following the completion of the sale, the chief executive officer now directly owns 460,617 shares in the company, valued at approximately $7,093,501.80. This trade represents a 3.65 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Lisa Wager sold 20,000 shares of the company's stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of $13.50, for a total transaction of $270,000.00. Following the transaction, the insider now owns 229,555 shares in the company, valued at $3,098,992.50. This represents a 8.01 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 54,416 shares of company stock worth $820,581 in the last three months. Insiders own 11.08% of the company's stock.

Analyst Ratings Changes

A number of research firms have issued reports on BYRN. Roth Capital raised Byrna Technologies to a "strong-buy" rating in a research report on Wednesday, August 28th. Roth Mkm reiterated a "buy" rating and issued a $20.00 price target on shares of Byrna Technologies in a research note on Wednesday, October 30th. Three research 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, Byrna Technologies currently has a consensus rating of "Buy" and an average target price of $17.75.

Byrna Technologies Company 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.