Byrna Technologies Inc. (NASDAQ:BYRN – Get Free Report) Chairman Herbert Hughes sold 6,500 shares of the business’s stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $15.08, for a total transaction of $98,020.00. Following the completion of the transaction, the chairman now owns 122,089 shares in the company, valued at $1,841,102.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Byrna Technologies Trading Down 5.0 %
Shares of BYRN stock traded down $0.75 during trading on Friday, reaching $14.35. 561,238 shares of the company’s stock traded hands, compared to its average volume of 240,809. The company has a market capitalization of $326.85 million, a P/E ratio of -102.50 and a beta of 1.67. The firm’s 50-day moving average is $10.36 and its 200 day moving average is $11.66. Byrna Technologies Inc. has a 1 year low of $2.19 and a 1 year high of $15.49.
Byrna Technologies (NASDAQ:BYRN – Get Free Report) last posted its earnings results on Tuesday, July 9th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.10. Byrna Technologies had a negative net margin of 4.74% and a negative return on equity of 6.34%. The business had revenue of $20.27 million for the quarter, compared to analysts’ expectations of $20.29 million. As a group, sell-side analysts predict that Byrna Technologies Inc. will post 0.05 earnings per share for the current fiscal year.
Analyst Ratings Changes
Read Our Latest Stock Report on BYRN
Institutional Trading of Byrna Technologies
Institutional investors and hedge funds have recently bought and sold shares of the company. Spartan Fund Management Inc. purchased a new stake in Byrna Technologies in the 4th quarter worth approximately $32,000. Hamilton Wealth LLC bought a new position in shares of Byrna Technologies in the 1st quarter worth $146,000. Algert Global LLC bought a new position in shares of Byrna Technologies in the 2nd quarter worth $131,000. Dimensional Fund Advisors LP increased its holdings in shares of Byrna Technologies by 17.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 20,016 shares of the company’s stock worth $200,000 after buying an additional 2,976 shares during the last quarter. Finally, Rhumbline Advisers bought a new position in shares of Byrna Technologies in the 2nd quarter worth $205,000. 25.46% of the stock is currently owned by hedge funds and other institutional investors.
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.
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