Byrna Technologies Inc. (NASDAQ:BYRN) Shares Sold by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. lessened its holdings in Byrna Technologies Inc. (NASDAQ:BYRN - Free Report) by 53.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 113,349 shares of the company's stock after selling 132,592 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 0.50% of Byrna Technologies worth $3,266,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the business. Sound View Wealth Advisors Group LLC grew its position in Byrna Technologies by 0.3% in 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 acquiring an additional 355 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Byrna Technologies by 6.3% during the 4th quarter. JPMorgan Chase & Co. now owns 8,109 shares of the company's stock worth $234,000 after buying an additional 484 shares in the last quarter. Quarry LP bought a new position in shares of Byrna Technologies during the 4th quarter worth $25,000. Russell Investments Group Ltd. bought a new position in shares of Byrna Technologies during the 4th quarter worth $29,000. Finally, Global Retirement Partners LLC bought a new position in shares of Byrna Technologies during the 4th quarter worth $30,000. Institutional investors own 25.46% of the company's stock.

Analyst Ratings Changes

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

Insider Activity

In related news, Director Emily Rooney bought 2,500 shares of the company's stock in a transaction that occurred on Tuesday, April 22nd. The shares were purchased at an average cost of $20.50 per share, with a total value of $51,250.00. Following the completion of the acquisition, the director now directly owns 37,564 shares in the company, valued at approximately $770,062. The trade was a 7.13% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 11.08% of the company's stock.

Byrna Technologies Price Performance

Byrna Technologies stock traded up $0.44 during midday trading on Friday, reaching $23.85. The company's stock had a trading volume of 429,022 shares, compared to its average volume of 491,970. The stock's 50-day simple moving average is $20.52 and its 200-day simple moving average is $23.69. Byrna Technologies Inc. has a 52-week low of $7.79 and a 52-week high of $34.78. The stock has a market capitalization of $540.61 million, a P/E ratio of 44.17 and a beta of 2.18.

Byrna Technologies (NASDAQ:BYRN - Get Free Report) last released its quarterly earnings results on Thursday, April 10th. The company reported $0.07 EPS for the quarter, beating 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 analysts' expectations of $23.26 million. As a group, equities research analysts expect that Byrna Technologies Inc. will post 0.28 earnings per share 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.