M&T Bank Corp Sells 64,649 Shares of Byrna Technologies Inc. (NASDAQ:BYRN)

M&T Bank Corp trimmed its position in Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) by 56.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,984 shares of the company's stock after selling 64,649 shares during the quarter. M&T Bank Corp owned 0.22% of Byrna Technologies worth $1,412,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in BYRN. Global Retirement Partners LLC bought a new stake in Byrna Technologies in the 4th quarter worth $30,000. NCP Inc. purchased a new stake in shares of Byrna Technologies during the fourth quarter worth about $37,000. Quest Partners LLC bought a new stake in shares of Byrna Technologies in the third quarter worth about $46,000. SG Americas Securities LLC purchased a new position in Byrna Technologies during the 4th quarter valued at about $134,000. Finally, MetLife Investment Management LLC increased its holdings in Byrna Technologies by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 10,756 shares of the company's stock valued at $183,000 after purchasing an additional 6,061 shares during the period. 25.46% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Byrna Technologies

In related news, insider Lisa Wager sold 12,500 shares of the stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $29.38, for a total value of $367,250.00. Following the completion of the transaction, the insider now directly owns 212,055 shares of the company's stock, valued at $6,230,175.90. This represents a 5.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Luan Pham sold 33,483 shares of the firm's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $30.19, for a total transaction of $1,010,851.77. Following the completion of the sale, the insider now owns 19,148 shares of the company's stock, valued at $578,078.12. This trade represents a 63.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 11.08% of the company's stock.

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Byrna Technologies Trading Down 5.1 %

NASDAQ BYRN traded down $1.04 on Thursday, hitting $19.35. The company's stock had a trading volume of 391,952 shares, compared to its average volume of 570,280. The firm has a market cap of $438.22 million, a P/E ratio of 35.83 and a beta of 1.64. Byrna Technologies Inc. has a 52-week low of $7.79 and a 52-week high of $34.78. The company's 50-day simple moving average is $27.81 and its 200 day simple moving average is $21.76.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last announced its quarterly earnings results on Friday, February 7th. The company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.12. Byrna Technologies had a return on equity of 15.39% and a net margin of 14.92%. On average, research analysts forecast that Byrna Technologies Inc. will post 0.28 EPS for the current fiscal year.

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.