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

Byrna Technologies Inc. (NASDAQ:BYRN) insider Lisa Wager sold 2,450 shares of Byrna Technologies stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $17.01, for a total value of $41,674.50. Following the sale, the insider now directly owns 224,555 shares of the company’s stock, valued at approximately $3,819,680.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 value 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 Price Performance

Shares of NASDAQ BYRN opened at $15.07 on Friday. The stock has a market capitalization of $343.29 million, a P/E ratio of -107.64 and a beta of 1.67. Byrna Technologies Inc. has a one year low of $2.19 and a one year high of $17.25. The firm’s 50 day simple moving average is $11.27 and its two-hundred day simple moving average is $11.86.

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

Hedge Funds Weigh In On Byrna Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp lifted its position in shares of Byrna Technologies by 68.8% in 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 period. Vanguard Group Inc. boosted its position in shares of Byrna Technologies by 1.9% during the first quarter. Vanguard Group Inc. now owns 800,051 shares of the company’s stock valued at $11,145,000 after purchasing an additional 14,755 shares in the last quarter. Hamilton Wealth LLC bought a new position in Byrna Technologies in the first quarter worth $146,000. Wealthspire Advisors LLC grew its position in shares of 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 during the period. Finally, Millennium Management LLC increased its stake in shares of Byrna Technologies by 53.5% in the 2nd quarter. Millennium Management LLC now owns 321,915 shares of the company’s stock worth $3,213,000 after acquiring an additional 112,262 shares in the last quarter. Institutional investors own 25.46% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Roth Capital raised shares of Byrna Technologies to a “strong-buy” rating in a report on Wednesday, August 28th. Roth Mkm began coverage on Byrna Technologies in a research note on Wednesday, August 28th. They issued a “buy” rating and a $14.00 target price on the stock. Two investment 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 MarketBeat.com, Byrna Technologies currently has a consensus rating of “Moderate Buy” and a consensus 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.