Prudential Financial Inc. Sells 35,820 Shares of Byrna Technologies Inc. (NASDAQ:BYRN)

Prudential Financial Inc. decreased its position in Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) by 55.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 28,285 shares of the company's stock after selling 35,820 shares during the quarter. Prudential Financial Inc. owned 0.12% of Byrna Technologies worth $815,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. FMR LLC grew its stake in Byrna Technologies by 47.9% during 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. Barclays PLC boosted its holdings in shares of Byrna Technologies by 321.5% in the 3rd quarter. Barclays PLC now owns 24,719 shares of the company's stock worth $419,000 after acquiring an additional 18,855 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Byrna Technologies by 4.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 50,958 shares of the company's stock worth $865,000 after acquiring an additional 2,021 shares during the last quarter. State Street Corp increased its holdings in Byrna Technologies by 36.9% during the 3rd quarter. State Street Corp now owns 314,315 shares of the company's stock valued at $5,334,000 after purchasing an additional 84,723 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. acquired a new stake in Byrna Technologies during the 4th quarter valued at $616,000. Institutional investors and hedge funds own 25.46% of the company's stock.

Insider Activity

In other news, insider Lisa Wager sold 12,500 shares of Byrna Technologies stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $29.38, for a total transaction of $367,250.00. Following the completion of the sale, the insider now owns 212,055 shares in the company, valued at $6,230,175.90. The trade was a 5.57 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Luan Pham sold 33,483 shares of the business's stock in a transaction that occurred on 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 sale, the insider now directly owns 19,148 shares of the company's stock, valued at approximately $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. Insiders own 11.08% of the company's stock.

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Byrna Technologies Stock Down 0.8 %

NASDAQ:BYRN traded down $0.15 during mid-day trading on Friday, reaching $17.93. 793,249 shares of the company were exchanged, compared to its average volume of 466,348. The stock has a market cap of $406.42 million, a PE ratio of 33.20 and a beta of 2.19. Byrna Technologies Inc. has a 12 month low of $7.79 and a 12 month high of $34.78. The company has a fifty day moving average of $22.61 and a 200 day moving average of $22.24.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last released its quarterly earnings results on Thursday, April 10th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.02 by $0.05. Byrna Technologies had a net margin of 14.92% and a return on equity of 15.39%. The business had revenue of $26.19 million for the quarter, compared to analysts' expectations of $23.26 million. On average, equities research analysts anticipate that Byrna Technologies Inc. will post 0.28 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Roth Mkm reissued a "buy" rating and issued a $33.00 price objective on shares of Byrna Technologies in a research note on Thursday, March 20th.

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.