McCollum Christoferson Group LLC Makes New $739,000 Investment in Byrna Technologies Inc. (NASDAQ:BYRN)

McCollum Christoferson Group LLC acquired a new stake in Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 43,520 shares of the company's stock, valued at approximately $739,000. McCollum Christoferson Group LLC owned 0.19% of Byrna Technologies as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Byrna Technologies by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 800,051 shares of the company's stock worth $11,145,000 after purchasing an additional 14,755 shares in the last quarter. Wealthspire Advisors LLC lifted its stake in Byrna Technologies by 1.8% during the 1st quarter. Wealthspire Advisors LLC now owns 553,079 shares of the company's stock valued at $7,704,000 after acquiring an additional 10,000 shares in the last quarter. Millennium Management LLC boosted its holdings in Byrna Technologies by 53.5% during the 2nd quarter. Millennium Management LLC now owns 321,915 shares of the company's stock worth $3,213,000 after acquiring an additional 112,262 shares during the last quarter. Divisadero Street Capital Management LP bought a new stake in shares of Byrna Technologies in the 2nd quarter worth $2,693,000. Finally, Bank of New York Mellon Corp lifted its position in shares of 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 valued at $1,463,000 after purchasing an additional 59,738 shares in the last quarter. Institutional investors own 25.46% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Roth Mkm began coverage on Byrna Technologies in a report on Wednesday, August 28th. They set a "buy" rating and a $14.00 price target on the stock. Roth Capital upgraded shares of Byrna Technologies to a "strong-buy" rating in a research report on Wednesday, August 28th. Three investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $15.75.

Insider Buying and Selling at Byrna Technologies

In other news, CEO Bryan Ganz sold 17,442 shares of the company's stock in a transaction that occurred 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 owns 460,617 shares in the company, valued at approximately $7,093,501.80. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. In related news, CEO Bryan Ganz sold 17,442 shares of the 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 sale, the chief executive officer now directly owns 460,617 shares of the company's stock, valued at $7,093,501.80. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Laurilee Kearnes acquired 2,000 shares of Byrna Technologies stock in a transaction that occurred on Thursday, October 10th. The stock was acquired at an average price of $14.04 per share, with a total value of $28,080.00. Following the completion of the acquisition, the chief financial officer now directly owns 2,500 shares in the company, valued at $35,100. This represents a 400.00 % increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 54,416 shares of company stock worth $820,581. 8.44% of the stock is owned by insiders.

Byrna Technologies Price Performance

Shares of NASDAQ:BYRN traded down $0.51 on Thursday, hitting $15.25. The company's stock had a trading volume of 347,320 shares, compared to its average volume of 786,287. Byrna Technologies Inc. has a 1 year low of $3.86 and a 1 year high of $19.42. The company has a market capitalization of $343.28 million, a PE ratio of 169.46 and a beta of 1.69. The company has a 50-day simple moving average of $14.06 and a 200 day simple moving average of $12.39.

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.