Lisa Wager Sells 12,500 Shares of Byrna Technologies Inc. (NASDAQ:BYRN) Stock

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

Byrna Technologies Price Performance

BYRN stock opened at $28.51 on Friday. Byrna Technologies Inc. has a 1-year low of $7.79 and a 1-year high of $34.78. The stock has a market capitalization of $645.75 million, a P/E ratio of 52.80 and a beta of 1.65. The business has a fifty day moving average price of $29.30 and a 200-day moving average price of $20.57.

Byrna Technologies (NASDAQ:BYRN) last issued its earnings results on Friday, February 7th. The company reported $0.17 earnings per share 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%. As a group, analysts anticipate that Byrna Technologies Inc. will post 0.28 earnings per share for the current year.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. FMR LLC grew its position in Byrna Technologies by 47.9% in the 3rd quarter. FMR LLC now owns 1,694,610 shares of the company’s stock worth $28,758,000 after purchasing an additional 548,670 shares during the period. Capital Research Global Investors purchased a new position in shares of Byrna Technologies in the 4th quarter worth $47,203,000. Vanguard Group Inc. grew its holdings in shares of Byrna Technologies by 8.0% in the fourth quarter. Vanguard Group Inc. now owns 1,001,759 shares of the company’s stock worth $28,861,000 after acquiring an additional 73,954 shares during the period. Invesco Ltd. increased its position in Byrna Technologies by 72.4% during the fourth quarter. Invesco Ltd. now owns 697,655 shares of the company’s stock valued at $20,099,000 after acquiring an additional 293,049 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Byrna Technologies by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 396,616 shares of the company’s stock valued at $11,430,000 after acquiring an additional 5,184 shares during the period. Institutional investors own 25.46% of the company’s stock.

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.