Byrna Technologies Inc. (NASDAQ:BYRN) Shares Bought by McCollum Christoferson Group LLC

McCollum Christoferson Group LLC lifted its stake in shares of Byrna Technologies Inc. (NASDAQ:BYRN) by 116.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 94,320 shares of the company’s stock after buying an additional 50,800 shares during the quarter. McCollum Christoferson Group LLC owned approximately 0.41% of Byrna Technologies worth $2,717,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Sound View Wealth Advisors Group LLC raised its stake in Byrna Technologies by 0.3% in the fourth quarter. Sound View Wealth Advisors Group LLC now owns 106,735 shares of the company’s stock valued at $3,075,000 after buying an additional 355 shares in the last quarter. Walleye Capital LLC increased its holdings in shares of Byrna Technologies by 1.3% in the 3rd quarter. Walleye Capital LLC now owns 52,379 shares of the company’s stock valued at $889,000 after acquiring an additional 665 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in shares of Byrna Technologies during the 4th quarter worth about $30,000. NCP Inc. purchased a new stake in Byrna Technologies during the fourth quarter worth approximately $37,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Byrna Technologies by 4.1% in 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 in the last quarter. 25.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Byrna Technologies news, insider Lisa Wager sold 12,500 shares of the company’s 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 completion of 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Luan Pham sold 33,483 shares of Byrna Technologies 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 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 company insiders.

Analyst Upgrades and Downgrades

Separately, Roth Mkm restated a “buy” rating and set a $33.00 price objective on shares of Byrna Technologies in a research report on Thursday.

Byrna Technologies Stock Performance

BYRN opened at $18.21 on Monday. Byrna Technologies Inc. has a one year low of $7.79 and a one year high of $34.78. The stock has a market capitalization of $412.40 million, a P/E ratio of 33.72 and a beta of 1.64. The business’s 50-day simple moving average is $26.77 and its 200-day simple moving average is $22.22.

Byrna Technologies (NASDAQ:BYRN) last released 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%. On average, equities research analysts forecast that Byrna Technologies Inc. will post 0.28 EPS for the current fiscal year.

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.