Byrna Technologies Inc. (NASDAQ:BYRN) COO Acquires $14,698.32 in Stock

Byrna Technologies Inc. (NASDAQ:BYRN - Get Free Report) COO John Brasseur purchased 728 shares of Byrna Technologies stock in a transaction on Tuesday, April 15th. The stock was bought at an average cost of $20.19 per share, for a total transaction of $14,698.32. Following the transaction, the chief operating officer now directly owns 9,068 shares in the company, valued at $183,082.92. This represents a 8.73 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Byrna Technologies Price Performance

Shares of Byrna Technologies stock traded up $1.12 during trading on Wednesday, hitting $22.25. 386,755 shares of the stock were exchanged, compared to its average volume of 479,465. The firm's 50-day moving average price is $21.06 and its 200 day moving average price is $22.41. The stock has a market cap of $504.34 million, a price-to-earnings ratio of 41.20 and a beta of 2.19. Byrna Technologies Inc. has a 12-month low of $7.79 and a 12-month high of $34.78.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last announced its quarterly earnings results on Thursday, April 10th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.02 by $0.05. Byrna Technologies had a return on equity of 15.39% and a net margin of 14.92%. The company had revenue of $26.19 million during the quarter, compared to the consensus estimate of $23.26 million. As a group, research analysts forecast that Byrna Technologies Inc. will post 0.28 earnings per share for the current year.

Wall Street Analyst Weigh In

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

Institutional Trading of Byrna Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Silverleafe Capital Partners LLC grew its position in shares of Byrna Technologies by 9.8% in the 1st quarter. Silverleafe Capital Partners LLC now owns 13,453 shares of the company's stock valued at $227,000 after buying an additional 1,200 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in shares of Byrna Technologies by 25.8% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 26,895 shares of the company's stock worth $453,000 after purchasing an additional 5,520 shares during the last quarter. Rhumbline Advisers increased its position 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 in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Byrna Technologies by 3,377.2% in the 1st quarter. GAMMA Investing LLC now owns 4,277 shares of the company's stock valued at $72,000 after purchasing an additional 4,154 shares during the last quarter. Finally, State of Wyoming acquired a new stake in shares of Byrna Technologies in the 4th quarter valued at about $180,000. Institutional investors and hedge funds own 25.46% of the company's stock.

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.