Deutsche Bank AG Raises Holdings in NAPCO Security Technologies, Inc. $NSSC

Deutsche Bank AG grew its position in shares of NAPCO Security Technologies, Inc. (NASDAQ:NSSC - Free Report) by 467.7% during the first quarter, according to its most recent filing with the SEC. The firm owned 173,942 shares of the industrial products company's stock after acquiring an additional 143,304 shares during the period. Deutsche Bank AG owned about 0.48% of NAPCO Security Technologies worth $4,004,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in NSSC. GAMMA Investing LLC grew its holdings in shares of NAPCO Security Technologies by 227.2% during the 1st quarter. GAMMA Investing LLC now owns 1,106 shares of the industrial products company's stock worth $25,000 after acquiring an additional 768 shares during the period. Caption Management LLC purchased a new stake in shares of NAPCO Security Technologies in the 4th quarter worth approximately $33,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of NAPCO Security Technologies in the 4th quarter worth approximately $53,000. Mpwm Advisory Solutions LLC purchased a new stake in shares of NAPCO Security Technologies in the 4th quarter worth approximately $54,000. Finally, Farther Finance Advisors LLC grew its stake in shares of NAPCO Security Technologies by 35.4% in the 1st quarter. Farther Finance Advisors LLC now owns 3,832 shares of the industrial products company's stock worth $87,000 after buying an additional 1,002 shares during the last quarter. Hedge funds and other institutional investors own 85.07% of the company's stock.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Mizuho initiated coverage on NAPCO Security Technologies in a research note on Thursday, July 10th. They issued an "outperform" rating and a $39.00 price target on the stock. Lake Street Capital set a $26.00 price target on NAPCO Security Technologies in a research note on Monday, May 5th. DA Davidson set a $33.00 price target on NAPCO Security Technologies and gave the stock a "buy" rating in a research note on Wednesday, June 25th. Finally, Needham & Company LLC dropped their price target on NAPCO Security Technologies from $37.00 to $32.00 and set a "buy" rating on the stock in a research note on Tuesday, May 6th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $30.83.

NAPCO Security Technologies Trading Up 4.7%

NAPCO Security Technologies stock traded up $1.4150 during trading on Friday, reaching $31.8050. The company had a trading volume of 40,456 shares, compared to its average volume of 437,995. NAPCO Security Technologies, Inc. has a 52 week low of $19.00 and a 52 week high of $56.07. The firm's 50-day simple moving average is $30.00 and its 200 day simple moving average is $26.65. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of 25.98 and a beta of 1.42.

NAPCO Security Technologies Profile

Napco Security Technologies, Inc develops, manufactures, and sells electronic security systems for commercial, residential, institutional, industrial, and governmental applications in the United States and internationally. Its access control systems include various types of identification readers, control panels, PC-based computers, and electronically activated door-locking devices; intrusion and fire alarm systems, consists of various detectors, a control panel, a digital keypad and signaling equipment; and door locking devices comprise microprocessor-based electronic door locks with push button, card readers and bio-metric operation, door alarms, mechanical door locks, and simple dead bolt locks.