Bryan Ganz Sells 2,478 Shares of Byrna Technologies Inc. (NASDAQ:BYRN) Stock

Byrna Technologies Inc. (NASDAQ:BYRN) CEO Bryan Ganz sold 2,478 shares of the company’s stock in a transaction that occurred on Wednesday, September 25th. The stock was sold at an average price of $18.46, for a total value of $45,743.88. Following the transaction, the chief executive officer now directly owns 398,059 shares in the company, valued at $7,348,169.14. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Bryan Ganz also recently made the following trade(s):

• On Monday, September 23rd, Bryan Ganz sold 1 shares of Byrna Technologies stock. The shares were sold at an average price of $17.40, for a total value of $17.40.
• On Friday, September 20th, Bryan Ganz sold 5,495 shares of Byrna Technologies stock. The stock was sold at an average price of $17.41, for a total value of $95,667.95.
• On Thursday, September 5th, Bryan Ganz sold 17,442 shares of Byrna Technologies stock. The shares were sold at an average price of $15.40, for a total transaction of $268,606.80.

Byrna Technologies Trading Up 5.4 %

Shares of NASDAQ:BYRN opened at $17.63 on Friday. The stock has a market cap of $401.61 million, a PE ratio of -125.93 and a beta of 1.67. The stock’s fifty day simple moving average is $12.26 and its two-hundred day simple moving average is $12.13. Byrna Technologies Inc. has a 1-year low of $2.19 and a 1-year high of $19.13.

Byrna Technologies (NASDAQ:BYRN) last released its quarterly earnings results on Tuesday, July 9th. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.10. Byrna Technologies had a negative net margin of 4.74% and a negative return on equity of 6.34%. The company had revenue of $20.27 million for the quarter, compared to analyst estimates of $20.29 million. On average, sell-side analysts forecast that Byrna Technologies Inc. will post 0.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BYRN has been the subject of a number of analyst reports. Roth Mkm began coverage on shares of Byrna Technologies in a report on Wednesday, August 28th. They set a “buy” rating and a $14.00 price objective for the company. Roth Capital raised shares of Byrna Technologies to a “strong-buy” rating in a research report on Wednesday, August 28th. Three investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $15.75.

Hedge Funds Weigh In On Byrna Technologies

Institutional investors have recently modified their holdings of the business. Hamilton Wealth LLC purchased a new position in Byrna Technologies in the first quarter worth $146,000. Algert Global LLC bought a new stake in shares of Byrna Technologies during the 2nd quarter worth $131,000. Dimensional Fund Advisors LP boosted its holdings in shares of Byrna Technologies by 17.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 20,016 shares of the company’s stock worth $200,000 after buying an additional 2,976 shares during the last quarter. Rhumbline Advisers bought a new position in Byrna Technologies during the second quarter valued at about $205,000. Finally, XTX Topco Ltd purchased a new stake in Byrna Technologies during the second quarter worth about $408,000. 25.46% of the stock is owned by 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.