B. Riley Research Analysts Boost Earnings Estimates for BYRN

Byrna Technologies Inc. (NASDAQ:BYRN) – B. Riley boosted their Q1 2025 earnings per share estimates for Byrna Technologies in a research note issued on Wednesday, March 5th. B. Riley analyst J. Van. Sinderen now expects that the company will earn ($0.02) per share for the quarter, up from their previous estimate of ($0.04). The consensus estimate for Byrna Technologies’ current full-year earnings is $0.28 per share.

Byrna Technologies (NASDAQ:BYRN) last released its quarterly earnings results on Friday, February 7th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates 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 Stock Up 2.1 %

NASDAQ:BYRN opened at $19.75 on Monday. The stock’s fifty day moving average is $28.16 and its two-hundred day moving average is $21.79. Byrna Technologies has a 52 week low of $7.79 and a 52 week high of $34.78. The stock has a market capitalization of $447.28 million, a price-to-earnings ratio of 36.57 and a beta of 1.64.

Insiders Place Their Bets

In other Byrna Technologies news, insider Lisa Wager sold 12,500 shares of the company’s stock in a transaction 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 directly owns 212,055 shares in the company, valued at $6,230,175.90. This represents a 5.57 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Luan Pham sold 33,483 shares of the company’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $30.19, for a total value of $1,010,851.77. Following the transaction, the insider now owns 19,148 shares in the company, valued at $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. 11.08% of the stock is owned by insiders.

Institutional Trading of Byrna Technologies

Hedge funds have recently modified their holdings of the stock. Quarry LP acquired a new stake in shares of Byrna Technologies in the fourth quarter valued at $25,000. Russell Investments Group Ltd. acquired a new stake in shares of Byrna Technologies in the fourth quarter valued at $29,000. Global Retirement Partners LLC acquired a new stake in shares of Byrna Technologies in the fourth quarter valued at $30,000. NCP Inc. acquired a new stake in shares of Byrna Technologies in the fourth quarter valued at $37,000. Finally, Quest Partners LLC acquired a new stake in shares of Byrna Technologies in the third quarter valued at $46,000. 25.46% of the stock is currently owned by institutional investors and hedge funds.

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.