Dimensional Fund Advisors LP Buys 45,730 Shares of Byrna Technologies Inc. (NASDAQ:BYRN)

Dimensional Fund Advisors LP lifted its position in Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) by 120.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 83,801 shares of the company's stock after purchasing an additional 45,730 shares during the quarter. Dimensional Fund Advisors LP owned 0.37% of Byrna Technologies worth $2,414,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Sound View Wealth Advisors Group LLC raised its position in Byrna Technologies by 0.3% during the 4th quarter. Sound View Wealth Advisors Group LLC now owns 106,735 shares of the company's stock valued at $3,075,000 after purchasing an additional 355 shares during the last quarter. JPMorgan Chase & Co. raised its position in Byrna Technologies by 6.3% during the 4th quarter. JPMorgan Chase & Co. now owns 8,109 shares of the company's stock valued at $234,000 after purchasing an additional 484 shares during the last quarter. Russell Investments Group Ltd. bought a new position in Byrna Technologies during the 4th quarter valued at approximately $29,000. Global Retirement Partners LLC bought a new position in Byrna Technologies during the 4th quarter valued at approximately $30,000. Finally, NCP Inc. bought a new position in Byrna Technologies during the 4th quarter valued at approximately $37,000. 25.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Insider Buying and Selling

In other Byrna Technologies news, Director Emily Rooney bought 2,500 shares of the business's stock in a transaction on Tuesday, April 22nd. The shares were acquired at an average cost of $20.50 per share, for a total transaction of $51,250.00. Following the purchase, the director now owns 37,564 shares in the company, valued at approximately $770,062. This trade represents a 7.13% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Lisa Wager sold 12,500 shares of the firm's stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $29.38, for a total value of $367,250.00. Following the completion of the transaction, the insider now owns 212,055 shares in the company, valued at approximately $6,230,175.90. This trade represents a 5.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. 11.08% of the stock is currently owned by company insiders.

Byrna Technologies Trading Down 2.0%

Shares of BYRN stock traded down $0.51 during midday trading on Tuesday, reaching $25.11. 14,462 shares of the stock were exchanged, compared to its average volume of 486,895. Byrna Technologies Inc. has a 1 year low of $7.79 and a 1 year high of $34.78. The company's 50 day moving average is $20.16 and its two-hundred day moving average is $23.51. The firm has a market cap of $569.06 million, a PE ratio of 46.77 and a beta of 2.18.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last posted 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. The company had revenue of $26.19 million for the quarter, compared to the consensus estimate of $23.26 million. Byrna Technologies had a return on equity of 15.39% and a net margin of 14.92%. As a group, equities analysts expect that Byrna Technologies Inc. will post 0.28 EPS for the current fiscal year.

Byrna Technologies 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.