Byrna Technologies Inc. (NASDAQ:BYRN) Shares Sold by XTX Topco Ltd

XTX Topco Ltd cut its stake in shares of Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) by 67.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,182 shares of the company's stock after selling 16,806 shares during the quarter. XTX Topco Ltd's holdings in Byrna Technologies were worth $236,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in Byrna Technologies by 8.0% in the fourth quarter. Vanguard Group Inc. now owns 1,001,759 shares of the company's stock valued at $28,861,000 after buying an additional 73,954 shares in the last quarter. Invesco Ltd. increased its stake in Byrna Technologies by 72.4% in the 4th quarter. Invesco Ltd. now owns 697,655 shares of the company's stock valued at $20,099,000 after purchasing an additional 293,049 shares in the last quarter. Geode Capital Management LLC raised its holdings in Byrna Technologies by 1.3% during the fourth 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 last quarter. State Street Corp boosted its position in Byrna Technologies by 36.9% during the third quarter. State Street Corp now owns 314,315 shares of the company's stock worth $5,334,000 after purchasing an additional 84,723 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Byrna Technologies by 2.1% in the fourth quarter. Bank of New York Mellon Corp now owns 138,445 shares of the company's stock valued at $3,989,000 after purchasing an additional 2,899 shares during the last quarter. Hedge funds and other institutional investors own 25.46% of the company's stock.

Insider Buying and Selling at Byrna Technologies

In other Byrna Technologies news, Director Emily Rooney purchased 2,500 shares of the stock in a transaction on Tuesday, April 22nd. The stock was bought at an average price of $20.50 per share, for a total transaction of $51,250.00. Following the acquisition, the director now directly owns 37,564 shares of the company's stock, valued at $770,062. This represents a 7.13 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, insider Luan Pham sold 33,483 shares of the company's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $30.19, for a total transaction of $1,010,851.77. Following the transaction, the insider now directly owns 19,148 shares of the company's stock, valued at approximately $578,078.12. This represents a 63.62 % decrease in their position. The disclosure for this sale can be found here. 11.08% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

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

Byrna Technologies Trading Up 7.4 %

Shares of BYRN stock traded up $1.68 during trading hours on Friday, hitting $24.25. The company's stock had a trading volume of 148,916 shares, compared to its average volume of 481,172. The business has a fifty day moving average of $20.14 and a 200-day moving average of $22.72. Byrna Technologies Inc. has a twelve month low of $7.79 and a twelve month high of $34.78. The stock has a market cap of $549.67 million, a price-to-earnings ratio of 45.13 and a beta of 2.19.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last released its quarterly earnings results on Thursday, April 10th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate 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. On average, equities analysts expect that Byrna Technologies Inc. will post 0.28 EPS for the current fiscal year.

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.