Q1 EPS Forecast for Byrna Technologies Decreased by Analyst

Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) - Investment analysts at Roth Capital reduced their Q1 2025 earnings per share estimates for shares of Byrna Technologies in a note issued to investors on Friday, October 18th. Roth Capital analyst M. Koranda now anticipates that the company will post earnings of ($0.01) per share for the quarter, down from their prior estimate of $0.01. Roth Capital has a "Strong-Buy" rating on the stock. The consensus estimate for Byrna Technologies' current full-year earnings is $0.16 per share. Roth Capital also issued estimates for Byrna Technologies' Q2 2025 earnings at $0.08 EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.11 EPS and FY2025 earnings at $0.24 EPS.

Separately, Roth Mkm raised their price target on shares of Byrna Technologies from $17.00 to $20.00 and gave the company a "buy" rating in a research note on Friday. Three research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $17.75.

Byrna Technologies Stock Down 2.6 %

Shares of NASDAQ:BYRN traded down $0.43 during trading on Monday, reaching $16.18. 558,248 shares of the company's stock traded hands, compared to its average volume of 307,394. The firm has a market cap of $368.53 million, a PE ratio of -115.57 and a beta of 1.69. Byrna Technologies has a fifty-two week low of $4.06 and a fifty-two week high of $19.42. The company has a 50-day simple moving average of $14.42 and a 200-day simple moving average of $12.42.

Insider Activity at Byrna Technologies

In other Byrna Technologies news, CEO Bryan Ganz sold 17,442 shares of the business's stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $15.40, for a total value of $268,606.80. Following the transaction, the chief executive officer now directly owns 460,617 shares of the company's stock, valued at approximately $7,093,501.80. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, CEO Bryan Ganz sold 17,442 shares of Byrna Technologies stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $15.40, for a total transaction of $268,606.80. Following the completion of the transaction, the chief executive officer now owns 460,617 shares of the company's stock, valued at $7,093,501.80. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Lisa Wager sold 20,000 shares of the company's stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $13.50, for a total value of $270,000.00. Following the completion of the sale, the insider now owns 229,555 shares in the company, valued at $3,098,992.50. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 54,416 shares of company stock valued at $820,581 over the last ninety days. Insiders own 8.44% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Divisadero Street Capital Management LP acquired a new position in Byrna Technologies during the 2nd quarter worth approximately $2,693,000. Millennium Management LLC boosted its holdings in Byrna Technologies by 53.5% in the second quarter. Millennium Management LLC now owns 321,915 shares of the company's stock worth $3,213,000 after purchasing an additional 112,262 shares during the period. Renaissance Technologies LLC acquired a new stake in shares of Byrna Technologies during the second quarter worth $786,000. Bank of New York Mellon Corp raised its stake in Byrna Technologies by 68.8% during the second quarter. Bank of New York Mellon Corp now owns 146,607 shares of the company's stock worth $1,463,000 after acquiring an additional 59,738 shares during the period. Finally, Squarepoint Ops LLC bought a new stake in shares of Byrna Technologies in the 2nd quarter worth approximately $466,000. Hedge funds and other institutional investors own 25.46% of the company's stock.

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.