GSA Capital Partners LLP Buys New Shares in Napco Security Technologies, Inc. (NASDAQ:NSSC)

GSA Capital Partners LLP bought a new position in Napco Security Technologies, Inc. (NASDAQ:NSSC - Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 21,331 shares of the industrial products company's stock, valued at approximately $863,000. GSA Capital Partners LLP owned about 0.06% of Napco Security Technologies as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. First Horizon Advisors Inc. increased its holdings in Napco Security Technologies by 810.3% during the second quarter. First Horizon Advisors Inc. now owns 528 shares of the industrial products company's stock worth $27,000 after buying an additional 470 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of Napco Security Technologies by 72,300.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 724 shares of the industrial products company's stock valued at $29,000 after acquiring an additional 723 shares during the period. Quarry LP increased its stake in shares of Napco Security Technologies by 91.2% during the 2nd quarter. Quarry LP now owns 654 shares of the industrial products company's stock worth $34,000 after purchasing an additional 312 shares during the last quarter. EntryPoint Capital LLC bought a new stake in shares of Napco Security Technologies in the 1st quarter worth approximately $46,000. Finally, Bessemer Group Inc. purchased a new position in Napco Security Technologies in the first quarter valued at approximately $63,000. 85.07% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on NSSC shares. StockNews.com raised Napco Security Technologies from a "sell" rating to a "hold" rating in a research report on Thursday. DA Davidson decreased their price objective on Napco Security Technologies from $55.00 to $48.00 and set a "buy" rating for the company in a report on Tuesday, November 5th. Craig Hallum lowered their price objective on Napco Security Technologies from $65.00 to $48.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. Lake Street Capital cut their target price on shares of Napco Security Technologies from $60.00 to $41.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. Finally, Needham & Company LLC lifted their target price on shares of Napco Security Technologies from $52.00 to $57.00 and gave the stock a "buy" rating in a research note on Tuesday, August 27th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $47.14.

Napco Security Technologies Stock Down 2.6 %

NSSC traded down $0.95 during trading on Friday, reaching $35.96. 218,183 shares of the company were exchanged, compared to its average volume of 511,596. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 26.44 and a beta of 1.64. Napco Security Technologies, Inc. has a 12-month low of $27.38 and a 12-month high of $58.09. The company's 50-day moving average is $39.08 and its two-hundred day moving average is $46.55.

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last announced its quarterly earnings results on Monday, November 4th. The industrial products company reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by ($0.05). The firm had revenue of $44.00 million during the quarter, compared to analysts' expectations of $46.56 million. Napco Security Technologies had a return on equity of 29.56% and a net margin of 26.43%. The company's quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.28 earnings per share. Equities analysts forecast that Napco Security Technologies, Inc. will post 1.49 earnings per share for the current year.

Napco Security Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Thursday, December 12th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 1.39%. The ex-dividend date of this dividend is Thursday, December 12th. Napco Security Technologies's payout ratio is 36.76%.

Insider Activity

In other news, Director Paul Stephen Beeber sold 708 shares of Napco Security Technologies stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $37.12, for a total transaction of $26,280.96. Following the completion of the sale, the director now owns 2,681 shares in the company, valued at approximately $99,518.72. This trade represents a 20.89 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 5.24% of the company's stock.

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.