OxFORD Asset Management LLP purchased a new stake in Napco Security Technologies Inc (NASDAQ:NSSC) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 14,446 shares of the industrial products company’s stock, valued at approximately $143,000. OxFORD Asset Management LLP owned 0.08% of Napco Security Technologies as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also modified their holdings of NSSC. Citigroup Inc. acquired a new position in Napco Security Technologies in the second quarter valued at approximately $100,000. South State Corp acquired a new position in Napco Security Technologies in the second quarter valued at approximately $103,000. Rhumbline Advisers acquired a new position in Napco Security Technologies in the second quarter valued at approximately $103,000. New York State Common Retirement Fund acquired a new position in Napco Security Technologies in the second quarter valued at approximately $119,000. Finally, GSA Capital Partners LLP lifted its stake in Napco Security Technologies by 46.1% in the second quarter. GSA Capital Partners LLP now owns 19,641 shares of the industrial products company’s stock valued at $185,000 after buying an additional 6,200 shares during the period. 29.94% of the stock is currently owned by hedge funds and other institutional investors.
Napco Security Technologies Inc (NASDAQ:NSSC) opened at $8.75 on Tuesday. The company has a current ratio of 5.89, a quick ratio of 2.77 and a debt-to-equity ratio of 0.06. Napco Security Technologies Inc has a 12-month low of $7.40 and a 12-month high of $10.95. The firm has a market capitalization of $164.93, a P/E ratio of 27.34 and a beta of 0.57.
Napco Security Technologies (NASDAQ:NSSC) last issued its earnings results on Monday, November 6th. The industrial products company reported $0.05 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.05. Napco Security Technologies had a return on equity of 10.70% and a net margin of 6.70%. The company had revenue of $21.17 million for the quarter, compared to analyst estimates of $21.56 million. During the same period in the prior year, the firm earned $0.03 earnings per share. Napco Security Technologies’s revenue for the quarter was up 5.0% on a year-over-year basis.
Separately, Canaccord Genuity reissued a “buy” rating and issued a $14.00 price target on shares of Napco Security Technologies in a research note on Monday, November 6th.
About Napco Security Technologies
NAPCO Security Technologies, Inc is a manufacturer of security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. These products are used for commercial, residential, institutional, industrial and governmental applications, and are sold across the world principally to independent distributors, dealers and installers of security equipment.
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