B. Riley Raises Earnings Estimates for Byrna Technologies

Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) - B. Riley boosted their FY2025 earnings estimates for shares of Byrna Technologies in a report issued on Thursday, July 10th. B. Riley analyst J. Van. Sinderen now expects that the company will post earnings per share of $0.37 for the year, up from their previous estimate of $0.31. B. Riley has a "Buy" rating and a $46.00 price objective on the stock. The consensus estimate for Byrna Technologies' current full-year earnings is $0.28 per share. B. Riley also issued estimates for Byrna Technologies' Q4 2025 earnings at $0.15 EPS, FY2026 earnings at $0.48 EPS and FY2027 earnings at $0.65 EPS.

BYRN has been the subject of several other research reports. Roth Mkm restated a "buy" rating and set a $33.00 price objective on shares of Byrna Technologies in a research report on Thursday, March 20th. Wolfe Research upgraded shares of Byrna Technologies to a "strong-buy" rating in a research report on Friday, June 6th. Finally, Roth Capital restated a "buy" rating and set a $37.00 price objective (up previously from $33.00) on shares of Byrna Technologies in a research report on Wednesday, July 9th.

Byrna Technologies Trading Down 9.6%

Byrna Technologies stock opened at $22.97 on Monday. Byrna Technologies has a 52 week low of $7.79 and a 52 week high of $34.78. The company's 50-day moving average price is $27.77 and its two-hundred day moving average price is $25.56. The stock has a market cap of $520.91 million, a price-to-earnings ratio of 37.05 and a beta of 2.02.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last released its earnings results on Thursday, July 10th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.03 by $0.07. The firm had revenue of $28,505 billion for the quarter, compared to analysts' expectations of $28.47 million. Byrna Technologies had a net margin of 14.28% and a return on equity of 16.96%.

Institutional Trading of Byrna Technologies

Several institutional investors have recently made changes to their positions in the stock. Rhumbline Advisers boosted its holdings in shares of Byrna Technologies by 5.0% during the first quarter. Rhumbline Advisers now owns 23,590 shares of the company's stock worth $397,000 after purchasing an additional 1,129 shares during the period. Strs Ohio acquired a new stake in shares of Byrna Technologies during the first quarter worth approximately $113,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Byrna Technologies during the first quarter worth approximately $173,000. Millennium Management LLC boosted its holdings in shares of Byrna Technologies by 247.9% during the first quarter. Millennium Management LLC now owns 326,670 shares of the company's stock worth $5,501,000 after purchasing an additional 232,770 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Byrna Technologies by 4.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,305 shares of the company's stock worth $174,000 after purchasing an additional 468 shares during the period. 25.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Byrna Technologies

In other news, Director Emily Rooney bought 2,500 shares of the firm's stock in a transaction on Tuesday, April 22nd. The stock was bought at an average cost of $20.50 per share, for a total transaction of $51,250.00. Following the completion of the acquisition, the director directly owned 37,564 shares in the company, valued at $770,062. This represents a 7.13% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 9.75% of the stock is currently owned by insiders.

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.

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