Byrna Technologies Inc. (NASDAQ:BYRN) Shares Bought by Occudo Quantitative Strategies LP

Occudo Quantitative Strategies LP grew its position in Byrna Technologies Inc. (NASDAQ:BYRN) by 12.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,641 shares of the company’s stock after buying an additional 2,067 shares during the quarter. Occudo Quantitative Strategies LP owned 0.08% of Byrna Technologies worth $537,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the company. Quarry LP acquired a new position in Byrna Technologies in the 4th quarter valued at about $25,000. Russell Investments Group Ltd. acquired a new position in Byrna Technologies in the 4th quarter valued at about $29,000. Global Retirement Partners LLC acquired a new position in Byrna Technologies in the 4th quarter valued at about $30,000. NCP Inc. acquired a new position in Byrna Technologies in the 4th quarter valued at about $37,000. Finally, BNP Paribas Financial Markets acquired a new position in Byrna Technologies in the 4th quarter valued at about $65,000. Institutional investors and hedge funds own 25.46% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Roth Mkm reaffirmed a “buy” rating and issued a $33.00 target price on shares of Byrna Technologies in a research report on Thursday, March 20th.

Byrna Technologies Price Performance

BYRN opened at $24.34 on Thursday. Byrna Technologies Inc. has a 12 month low of $7.79 and a 12 month high of $34.78. The stock has a market capitalization of $551.71 million, a price-to-earnings ratio of 45.07 and a beta of 2.18. The business has a fifty day moving average price of $19.82 and a 200 day moving average price of $23.17.

Byrna Technologies (NASDAQ:BYRN) last released its earnings results on Thursday, April 10th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.02 by $0.05. Byrna Technologies had a return on equity of 15.39% and a net margin of 14.92%. The firm had revenue of $26.19 million during the quarter, compared to analysts’ expectations of $23.26 million. On average, research analysts anticipate that Byrna Technologies Inc. will post 0.28 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Lisa Wager sold 12,500 shares of the business’s stock in a transaction 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 transaction, the insider now directly owns 212,055 shares of the company’s stock, valued at $6,230,175.90. The trade was a 5.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Emily Rooney bought 2,500 shares of the stock in a transaction that occurred on Tuesday, April 22nd. The shares were bought at an average cost of $20.50 per share, with a total value of $51,250.00. Following the completion of the purchase, the director now directly owns 37,564 shares in the company, valued at $770,062. This represents a 7.13% increase in their ownership of the stock. The disclosure for this purchase can be found here. 11.08% of the stock is currently owned by insiders.

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.