Ameriprise Financial Inc. Takes Position in Byrna Technologies Inc. (NASDAQ:BYRN)

Ameriprise Financial Inc. bought a new position in shares of Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 32,701 shares of the company's stock, valued at approximately $942,000. Ameriprise Financial Inc. owned approximately 0.14% of Byrna Technologies at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in BYRN. Northern Trust Corp boosted its holdings in shares of Byrna Technologies by 6.4% during the fourth quarter. Northern Trust Corp now owns 149,157 shares of the company's stock worth $4,297,000 after acquiring an additional 9,031 shares during the period. Quarry LP acquired a new position in Byrna Technologies during the fourth quarter valued at approximately $25,000. Price T Rowe Associates Inc. MD acquired a new position in Byrna Technologies during the fourth quarter valued at approximately $203,000. State of Tennessee Department of Treasury bought a new stake in shares of Byrna Technologies during the fourth quarter worth $297,000. Finally, Capital Research Global Investors bought a new stake in shares of Byrna Technologies during the fourth quarter worth $47,203,000. Institutional investors own 25.46% of the company's stock.

Byrna Technologies Stock Performance

NASDAQ:BYRN traded up $0.10 on Thursday, hitting $26.57. The stock had a trading volume of 352,869 shares, compared to its average volume of 496,695. The stock has a market cap of $602.26 million, a P/E ratio of 49.20 and a beta of 2.11. Byrna Technologies Inc. has a 1 year low of $7.79 and a 1 year high of $34.78. The firm's fifty day simple moving average is $21.97 and its two-hundred day simple moving average is $24.14.

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

Insiders Place Their Bets

In other Byrna Technologies news, Director Emily Rooney acquired 2,500 shares of the company's stock in a transaction that occurred on Tuesday, April 22nd. The shares were acquired 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 directly owns 37,564 shares of the company's stock, valued at approximately $770,062. The trade was a 7.13% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 11.08% of the company's stock.

Analyst Upgrades and Downgrades

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

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.