Lisa Wager Sells 12,500 Shares of Byrna Technologies Inc. (NASDAQ:BYRN) Stock

Byrna Technologies Inc. (NASDAQ:BYRN) insider Lisa Wager sold 12,500 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $29.38, for a total value of $367,250.00. Following the completion of the transaction, the insider now directly owns 212,055 shares in the company, valued at $6,230,175.90. The trade was a 5.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Byrna Technologies Stock Down 2.3 %

Shares of NASDAQ BYRN opened at $28.51 on Monday. The business’s 50 day moving average is $29.30 and its two-hundred day moving average is $20.65. The company has a market cap of $645.75 million, a P/E ratio of 52.80 and a beta of 1.65. Byrna Technologies Inc. has a 12 month low of $7.79 and a 12 month high of $34.78.

Byrna Technologies (NASDAQ:BYRN) last issued its quarterly earnings results on Friday, February 7th. The company reported $0.17 EPS for the quarter, topping 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%. Sell-side analysts expect that Byrna Technologies Inc. will post 0.28 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Roth Mkm reissued a “buy” rating and issued a $20.00 price objective on shares of Byrna Technologies in a research note on Wednesday, October 30th. Three research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $17.75.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in BYRN. GSA Capital Partners LLP increased its position in Byrna Technologies by 86.6% in the 3rd quarter. GSA Capital Partners LLP now owns 59,608 shares of the company’s stock worth $1,012,000 after buying an additional 27,662 shares during the period. Quest Partners LLC bought a new stake in shares of Byrna Technologies during the third quarter valued at approximately $46,000. Charles Schwab Investment Management Inc. increased its position in shares of Byrna Technologies by 4.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 50,958 shares of the company’s stock valued at $865,000 after purchasing an additional 2,021 shares during the period. FMR LLC increased its position in shares of Byrna Technologies by 47.9% during the third quarter. FMR LLC now owns 1,694,610 shares of the company’s stock valued at $28,758,000 after purchasing an additional 548,670 shares during the period. Finally, MetLife Investment Management LLC increased its position in shares of Byrna Technologies by 129.1% during the third quarter. MetLife Investment Management LLC now owns 10,756 shares of the company’s stock valued at $183,000 after purchasing an additional 6,061 shares during the period. 25.46% of the stock is owned by institutional investors.

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.