FY2025 EPS Estimate for Byrna Technologies Lifted by Analyst

Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) - Roth Capital raised their FY2025 earnings estimates for shares of Byrna Technologies in a report issued on Thursday, March 6th. Roth Capital analyst M. Koranda now forecasts that the company will earn $0.36 per share for the year, up from their prior estimate of $0.32. The consensus estimate for Byrna Technologies' current full-year earnings is $0.28 per share.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last posted its earnings results on Friday, February 7th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.05 by $0.12. Byrna Technologies had a return on equity of 15.39% and a net margin of 14.92%.

Byrna Technologies Price Performance

Shares of NASDAQ:BYRN traded up $0.40 during trading on Friday, hitting $19.75. 719,661 shares of the company were exchanged, compared to its average volume of 574,564. The firm's 50 day moving average price is $28.34 and its 200-day moving average price is $21.73. Byrna Technologies has a 12-month low of $7.79 and a 12-month high of $34.78. The stock has a market capitalization of $447.28 million, a P/E ratio of 36.57 and a beta of 1.64.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of BYRN. Quarry LP purchased a new position in shares of Byrna Technologies during the fourth quarter worth about $25,000. Russell Investments Group Ltd. purchased a new position in shares of Byrna Technologies in the 4th quarter valued at approximately $29,000. Global Retirement Partners LLC acquired a new position in shares of Byrna Technologies in the fourth quarter valued at approximately $30,000. NCP Inc. purchased a new stake in shares of Byrna Technologies during the fourth quarter worth approximately $37,000. Finally, BNP Paribas Financial Markets acquired a new stake in shares of Byrna Technologies during the fourth quarter worth $65,000. 25.46% of the stock is currently owned by institutional investors and hedge funds.

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Insider Activity at Byrna Technologies

In other Byrna Technologies news, insider Lisa Wager sold 12,500 shares of Byrna Technologies stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $29.38, for a total transaction of $367,250.00. Following the transaction, the insider now owns 212,055 shares of the company's stock, valued at $6,230,175.90. The trade was a 5.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Luan Pham sold 33,483 shares of the stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $30.19, for a total value of $1,010,851.77. Following the completion of the sale, the insider now directly owns 19,148 shares of the company's stock, valued at $578,078.12. The trade was a 63.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 11.08% of the stock is owned by corporate insiders.

About Byrna Technologies

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.