HighTower Advisors LLC Purchases Shares of 43,337 Byrna Technologies Inc. (NASDAQ:BYRN)

HighTower Advisors LLC acquired a new position in Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 43,337 shares of the company's stock, valued at approximately $1,249,000. HighTower Advisors LLC owned about 0.19% of Byrna Technologies as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BYRN. FMR LLC lifted its position in shares of Byrna Technologies by 47.9% in the third quarter. FMR LLC now owns 1,694,610 shares of the company's stock worth $28,758,000 after buying an additional 548,670 shares during the last quarter. State Street Corp lifted its holdings in Byrna Technologies by 36.9% in the 3rd quarter. State Street Corp now owns 314,315 shares of the company's stock worth $5,334,000 after purchasing an additional 84,723 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Byrna Technologies by 2.1% during the fourth quarter. Bank of New York Mellon Corp now owns 138,445 shares of the company's stock worth $3,989,000 after purchasing an additional 2,899 shares during the period. Sound View Wealth Advisors Group LLC grew its holdings in Byrna Technologies by 0.3% during the fourth quarter. Sound View Wealth Advisors Group LLC now owns 106,735 shares of the company's stock valued at $3,075,000 after purchasing an additional 355 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Byrna Technologies in the fourth quarter valued at approximately $2,741,000. Institutional investors own 25.46% of the company's stock.

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Analyst Ratings Changes

Separately, Roth Mkm reaffirmed a "buy" rating and set a $33.00 price objective on shares of Byrna Technologies in a report on Thursday, March 20th.

Insider Transactions at Byrna Technologies

In other news, insider Lisa Wager sold 12,500 shares of Byrna Technologies stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $29.38, for a total transaction of $367,250.00. Following the sale, the insider now owns 212,055 shares of the company's stock, valued at approximately $6,230,175.90. This trade represents a 5.57 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Luan Pham sold 33,483 shares of the company's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $30.19, for a total value of $1,010,851.77. Following the completion of the transaction, the insider now owns 19,148 shares of the company's stock, valued at $578,078.12. The trade was a 63.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 11.08% of the company's stock.

Byrna Technologies Trading Down 4.6 %

BYRN traded down $0.83 during midday trading on Friday, reaching $17.05. The company's stock had a trading volume of 478,922 shares, compared to its average volume of 448,903. The company has a fifty day simple moving average of $25.77 and a 200 day simple moving average of $22.28. The stock has a market cap of $386.13 million, a P/E ratio of 31.57 and a beta of 1.64. Byrna Technologies Inc. has a twelve month low of $7.79 and a twelve month high of $34.78.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last announced its quarterly earnings data on Friday, February 7th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.12. Byrna Technologies had a net margin of 14.92% and a return on equity of 15.39%. Sell-side analysts expect that Byrna Technologies Inc. will post 0.28 earnings per share for the current year.

About Byrna Technologies

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.