Byrna Technologies Inc. (NASDAQ:BYRN) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lessened its holdings in Byrna Technologies Inc. (NASDAQ:BYRN) by 2.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 49,586 shares of the company’s stock after selling 1,372 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Byrna Technologies were worth $1,429,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in BYRN. Quest Partners LLC bought a new position in shares of Byrna Technologies in the 3rd quarter worth about $46,000. FMR LLC raised its stake in Byrna Technologies by 47.9% during the third 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. MetLife Investment Management LLC lifted its holdings in Byrna Technologies by 129.1% in the third quarter. MetLife Investment Management LLC now owns 10,756 shares of the company’s stock worth $183,000 after acquiring an additional 6,061 shares during the last quarter. Walleye Capital LLC boosted its stake in Byrna Technologies by 1.3% in the third quarter. Walleye Capital LLC now owns 52,379 shares of the company’s stock valued at $889,000 after acquiring an additional 665 shares during the period. Finally, Verition Fund Management LLC grew its holdings in shares of Byrna Technologies by 113.9% during the third quarter. Verition Fund Management LLC now owns 34,018 shares of the company’s stock valued at $577,000 after purchasing an additional 18,118 shares during the last quarter. Institutional investors own 25.46% of the company’s stock.

Byrna Technologies Stock Down 4.6 %

BYRN stock opened at $17.05 on Friday. The stock has a market cap of $386.13 million, a PE ratio of 31.57 and a beta of 1.64. The firm’s 50-day simple moving average is $25.77 and its 200 day simple moving average is $22.28. Byrna Technologies Inc. has a fifty-two week low of $7.79 and a fifty-two week high of $34.78.

Byrna Technologies (NASDAQ:BYRN) last announced its quarterly earnings results on Friday, February 7th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.05 by $0.12. Byrna Technologies had a net margin of 14.92% and a return on equity of 15.39%. Equities analysts forecast that Byrna Technologies Inc. will post 0.28 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

Insider Activity at Byrna Technologies

In other Byrna Technologies news, insider Luan Pham sold 33,483 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $30.19, for a total transaction of $1,010,851.77. Following the sale, the insider now directly owns 19,148 shares in the company, valued at approximately $578,078.12. The trade was a 63.62 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lisa Wager sold 12,500 shares of the stock in a transaction that occurred on Thursday, February 20th. The shares were 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 of the company’s stock, valued at $6,230,175.90. This trade represents a 5.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 11.08% of the stock is owned by insiders.

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.