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

Byrna Technologies Inc. (NASDAQ:BYRN) insider Lisa Wager sold 12,500 shares of the business’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $29.38, for a total value of $367,250.00. Following the sale, the insider now directly owns 212,055 shares of the company’s stock, valued at $6,230,175.90. This represents a 5.57 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Byrna Technologies Stock Performance

Shares of Byrna Technologies stock opened at $28.51 on Friday. Byrna Technologies Inc. has a fifty-two week low of $7.79 and a fifty-two week high of $34.78. The company has a market capitalization of $645.75 million, a P/E ratio of 52.80 and a beta of 1.65. The company has a fifty day moving average of $29.30 and a 200 day moving average of $20.57.

Byrna Technologies (NASDAQ:BYRN) last released its quarterly earnings data on Friday, February 7th. The company reported $0.17 earnings per share 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%. Analysts forecast that Byrna Technologies Inc. will post 0.28 EPS for the current year.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Byrna Technologies

A number of institutional investors have recently added to or reduced their stakes in the stock. Quarry LP purchased a new position in shares of Byrna Technologies in the fourth quarter worth $25,000. Russell Investments Group Ltd. bought a new stake in Byrna Technologies in the 4th quarter valued at $29,000. Global Retirement Partners LLC bought a new stake in Byrna Technologies in the 4th quarter valued at $30,000. NCP Inc. purchased a new stake in Byrna Technologies in the 4th quarter worth $37,000. Finally, Quest Partners LLC bought a new position in shares of Byrna Technologies during the 3rd quarter valued at about $46,000. 25.46% of the stock is owned by hedge funds and other 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.