Insider Selling: Byrna Technologies Inc. (NASDAQ:BYRN) Insider Sells $367,250.00 in Stock

Byrna Technologies Inc. (NASDAQ:BYRN) insider Lisa Wager sold 12,500 shares of the stock in a transaction 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 owns 212,055 shares of the company’s stock, valued at $6,230,175.90. This trade represents a 5.57 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Byrna Technologies Trading Down 2.3 %

Shares of NASDAQ BYRN opened at $28.51 on Monday. Byrna Technologies Inc. has a one year low of $7.79 and a one year high of $34.78. The firm has a market capitalization of $645.75 million, a PE ratio of 52.80 and a beta of 1.65. The business has a 50-day moving average price of $29.30 and a two-hundred day moving average price of $20.65.

Byrna Technologies (NASDAQ:BYRN) last announced its quarterly earnings data on Friday, February 7th. The company reported $0.17 EPS 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%. Research analysts anticipate that Byrna Technologies Inc. will post 0.28 EPS for the current year.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Byrna Technologies

Institutional investors have recently bought and sold shares of the business. FMR LLC boosted its position in Byrna Technologies by 47.9% during the 3rd quarter. FMR LLC now owns 1,694,610 shares of the company’s stock worth $28,758,000 after acquiring an additional 548,670 shares during the period. Barclays PLC lifted its holdings in shares of Byrna Technologies by 321.5% during the 3rd quarter. Barclays PLC now owns 24,719 shares of the company’s stock valued at $419,000 after buying an additional 18,855 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Byrna Technologies by 4.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 50,958 shares of the company’s stock valued at $865,000 after buying an additional 2,021 shares during the last quarter. GSA Capital Partners LLP lifted its holdings in shares of Byrna Technologies by 86.6% during the 3rd quarter. GSA Capital Partners LLP now owns 59,608 shares of the company’s stock valued at $1,012,000 after buying an additional 27,662 shares during the last quarter. Finally, State Street Corp lifted its holdings in shares of Byrna Technologies by 36.9% during the 3rd quarter. State Street Corp now owns 314,315 shares of the company’s stock valued at $5,334,000 after buying an additional 84,723 shares during the last quarter. 25.46% of the stock is currently owned by institutional investors and hedge funds.

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.