Emerald Advisers LLC Increases Stock Holdings in Napco Security Technologies, Inc. (NASDAQ:NSSC)

Emerald Advisers LLC boosted its holdings in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC - Free Report) by 4.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 508,257 shares of the industrial products company's stock after buying an additional 19,674 shares during the period. Emerald Advisers LLC owned approximately 1.38% of Napco Security Technologies worth $20,564,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Sei Investments Co. acquired a new position in Napco Security Technologies during the first quarter worth $682,000. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Napco Security Technologies in the 1st quarter worth $2,610,000. SG Americas Securities LLC grew its stake in shares of Napco Security Technologies by 250.8% in the 2nd quarter. SG Americas Securities LLC now owns 22,714 shares of the industrial products company's stock worth $1,180,000 after acquiring an additional 16,239 shares in the last quarter. Norden Group LLC bought a new stake in shares of Napco Security Technologies in the 1st quarter worth $565,000. Finally, Natixis Advisors LLC bought a new stake in shares of Napco Security Technologies in the 2nd quarter worth $6,141,000. Institutional investors and hedge funds own 85.07% of the company's stock.

Napco Security Technologies Stock Up 0.3 %

NSSC traded up $0.11 during trading on Friday, hitting $38.59. 704,330 shares of the company traded hands, compared to its average volume of 360,664. The firm has a market cap of $1.42 billion, a P/E ratio of 28.80 and a beta of 1.64. The stock's fifty day moving average is $40.32 and its 200 day moving average is $46.83. Napco Security Technologies, Inc. has a one year low of $18.00 and a one year high of $58.09.

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last posted its quarterly earnings results on Monday, August 26th. The industrial products company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.01. The company had revenue of $50.33 million during the quarter, compared to analyst estimates of $50.18 million. Napco Security Technologies had a net margin of 26.38% and a return on equity of 30.51%. During the same quarter in the prior year, the business earned $0.28 earnings per share. On average, equities research analysts forecast that Napco Security Technologies, Inc. will post 1.85 EPS for the current fiscal year.

Napco Security Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Thursday, September 12th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend was Thursday, September 12th. This is a positive change from Napco Security Technologies's previous quarterly dividend of $0.10. Napco Security Technologies's dividend payout ratio (DPR) is currently 37.31%.

Analysts Set New Price Targets

Several analysts have recently issued reports on NSSC shares. DA Davidson upped their target price on shares of Napco Security Technologies from $53.00 to $55.00 and gave the stock a "buy" rating in a research note on Tuesday, August 27th. Needham & Company LLC upped 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. Finally, Lake Street Capital reiterated a "buy" rating and issued a $60.00 target price on shares of Napco Security Technologies in a research note on Tuesday, September 17th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Napco Security Technologies presently has an average rating of "Moderate Buy" and an average target price of $55.29.

Insiders Place Their Bets

In other Napco Security Technologies news, Director Paul Stephen Beeber sold 708 shares of the stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $37.12, for a total transaction of $26,280.96. Following the completion of the transaction, the director now owns 2,681 shares in the company, valued at $99,518.72. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 11.54% 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.