Bridgeway Capital Management LLC Has $1.18 Million Holdings in Byrna Technologies Inc. (NASDAQ:BYRN)

Bridgeway Capital Management LLC reduced its stake in shares of Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) by 33.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,871 shares of the company's stock after selling 20,900 shares during the quarter. Bridgeway Capital Management LLC owned about 0.18% of Byrna Technologies worth $1,177,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. Capital Research Global Investors acquired a new stake in Byrna Technologies during the 4th quarter worth about $47,203,000. Vanguard Group Inc. lifted its position in shares of Byrna Technologies by 8.0% in the 4th quarter. Vanguard Group Inc. now owns 1,001,759 shares of the company's stock valued at $28,861,000 after acquiring an additional 73,954 shares in the last quarter. Invesco Ltd. boosted its stake in Byrna Technologies by 72.4% in the 4th quarter. Invesco Ltd. now owns 697,655 shares of the company's stock worth $20,099,000 after purchasing an additional 293,049 shares during the period. Geode Capital Management LLC boosted its stake in Byrna Technologies by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 396,616 shares of the company's stock worth $11,430,000 after purchasing an additional 5,184 shares during the period. Finally, Northern Trust Corp grew its position in Byrna Technologies by 6.4% during the 4th quarter. Northern Trust Corp now owns 149,157 shares of the company's stock worth $4,297,000 after purchasing an additional 9,031 shares in the last quarter. Institutional investors and hedge funds own 25.46% of the company's stock.

Byrna Technologies Stock Down 1.3%

Shares of NASDAQ:BYRN traded down $0.32 during trading on Wednesday, reaching $24.34. 325,037 shares of the company traded hands, compared to its average volume of 487,211. The firm has a fifty day simple moving average of $19.78 and a 200 day simple moving average of $23.17. Byrna Technologies Inc. has a 1-year low of $7.79 and a 1-year high of $34.78. The firm has a market cap of $551.71 million, a P/E ratio of 45.07 and a beta of 2.18.

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

Wall Street Analysts Forecast Growth

Separately, Roth Mkm reissued a "buy" rating and set a $33.00 target price on shares of Byrna Technologies in a research note on Thursday, March 20th.

Insiders Place Their Bets

In other Byrna Technologies news, Director Emily Rooney acquired 2,500 shares of Byrna Technologies stock in a transaction on Tuesday, April 22nd. The shares were bought at an average price of $20.50 per share, with a total value of $51,250.00. Following the completion of the purchase, the director now owns 37,564 shares in the company, valued at $770,062. This trade represents a 7.13% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Lisa Wager sold 12,500 shares of the firm's stock in a transaction dated 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 sale, the insider now owns 212,055 shares of the company's stock, valued at $6,230,175.90. The trade was a 5.57% decrease in their position. The disclosure for this sale can be found here. Company insiders own 11.08% 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.