Byrna Technologies Inc. (NASDAQ:BYRN) Insider Lisa Wager Sells 2,450 Shares

Byrna Technologies Inc. (NASDAQ:BYRN) insider Lisa Wager sold 2,450 shares of Byrna Technologies stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $17.01, for a total transaction of $41,674.50. Following the completion of the sale, the insider now directly owns 224,555 shares of the company’s stock, valued at $3,819,680.55. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Lisa Wager also recently made the following trade(s):

• On Thursday, September 12th, Lisa Wager sold 50 shares of Byrna Technologies stock. The shares were sold at an average price of $17.01, for a total transaction of $850.50.
• On Wednesday, September 4th, Lisa Wager sold 20,000 shares of Byrna Technologies stock. The shares were sold at an average price of $13.50, for a total transaction of $270,000.00.

Byrna Technologies Stock Performance

Shares of NASDAQ:BYRN traded up $0.90 during midday trading on Wednesday, hitting $16.62. 982,421 shares of the company’s stock traded hands, compared to its average volume of 253,030. The company has a market cap of $378.60 million, a PE ratio of -118.71 and a beta of 1.67. The firm’s fifty day moving average price is $11.13 and its two-hundred day moving average price is $11.83. Byrna Technologies Inc. has a twelve month low of $2.19 and a twelve month high of $17.25.

Byrna Technologies (NASDAQ:BYRN) last posted its earnings results on Tuesday, July 9th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.10. The business had revenue of $20.27 million for the quarter, compared to analyst estimates of $20.29 million. Byrna Technologies had a negative net margin of 4.74% and a negative return on equity of 6.34%. As a group, equities research analysts anticipate that Byrna Technologies Inc. will post 0.1 EPS for the current fiscal year.

Hedge Funds Weigh In On Byrna Technologies

A number of institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its holdings in 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 in the last quarter. Wealthspire Advisors LLC lifted its holdings in Byrna Technologies by 1.8% in the 1st quarter. Wealthspire Advisors LLC now owns 553,079 shares of the company’s stock worth $7,704,000 after buying an additional 10,000 shares in the last quarter. Hamilton Wealth LLC acquired a new position in Byrna Technologies in the 1st quarter worth $146,000. Algert Global LLC acquired a new position in Byrna Technologies in the 2nd quarter worth $131,000. Finally, Vanguard Group Inc. lifted its holdings in Byrna Technologies by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 800,051 shares of the company’s stock worth $11,145,000 after buying an additional 14,755 shares in the last quarter. Institutional investors and hedge funds own 25.46% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on BYRN. Roth Capital raised shares of Byrna Technologies to a “strong-buy” rating in a research note on Wednesday, August 28th. Roth Mkm began coverage on shares of Byrna Technologies in a research note on Wednesday, August 28th. They set a “buy” rating and a $14.00 price objective for the company. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Byrna Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $15.75.

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.