Marshall Wace LLP Has $117,000 Holdings in Byrna Technologies Inc. (NASDAQ:BYRN)

Marshall Wace LLP trimmed its position in shares of Byrna Technologies Inc. (NASDAQ:BYRN) by 84.8% during the second quarter, HoldingsChannel reports. The institutional investor owned 11,675 shares of the company’s stock after selling 65,089 shares during the period. Marshall Wace LLP’s holdings in Byrna Technologies were worth $117,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. XTX Topco Ltd bought a new position in shares of Byrna Technologies in the second quarter worth about $408,000. Bank of New York Mellon Corp raised its holdings in Byrna Technologies by 68.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 146,607 shares of the company’s stock worth $1,463,000 after purchasing an additional 59,738 shares during the last quarter. Renaissance Technologies LLC bought a new position in Byrna Technologies during the 2nd quarter worth approximately $786,000. Vanguard Group Inc. increased its stake in shares of Byrna Technologies by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 800,051 shares of the company’s stock valued at $11,145,000 after acquiring an additional 14,755 shares in the last quarter. Finally, Divisadero Street Capital Management LP bought a new stake in shares of Byrna Technologies in the 2nd quarter valued at $2,693,000. 25.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Roth Capital upgraded shares of Byrna Technologies to a “strong-buy” rating in a research note on Wednesday, August 28th. Roth Mkm initiated coverage on shares of Byrna Technologies in a report on Wednesday, August 28th. They issued a “buy” rating and a $14.00 price target on the stock. Three analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $15.75.

Insider Activity

In related news, CEO Bryan Ganz sold 17,442 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $15.40, for a total value of $268,606.80. Following the transaction, the chief executive officer now directly owns 460,617 shares in the company, valued at approximately $7,093,501.80. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Byrna Technologies news, CFO Laurilee Kearnes purchased 2,000 shares of Byrna Technologies stock in a transaction on Thursday, October 10th. The shares were acquired at an average cost of $14.04 per share, for a total transaction of $28,080.00. Following the completion of the transaction, the chief financial officer now directly owns 2,500 shares of the company’s stock, valued at approximately $35,100. The trade was a 400.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Bryan Ganz sold 17,442 shares of the stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $15.40, for a total value of $268,606.80. Following the sale, the chief executive officer now directly owns 460,617 shares of the company’s stock, valued at approximately $7,093,501.80. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 54,416 shares of company stock worth $820,581 over the last ninety days. Company insiders own 8.44% of the company’s stock.

Byrna Technologies Stock Down 0.3 %

NASDAQ BYRN opened at $13.96 on Monday. The company has a market cap of $318.01 million, a PE ratio of 155.13 and a beta of 1.69. Byrna Technologies Inc. has a 52 week low of $2.52 and a 52 week high of $19.42. The firm’s 50-day simple moving average is $13.66 and its two-hundred day simple moving average is $12.35.

Byrna Technologies 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.