NAPCO Security Technologies, Inc. (NASDAQ:NSSC) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analysts give NAPCO a consensus rating of Moderate Buy (six buys, two holds) with an average 12‑month price target of about $48.67, and several brokers have recently raised targets (e.g., TD Cowen $53, Needham $49).
• CEO Richard Soloway sold 129,682 shares at $44.99 (≈$5.83M), reducing his holding by 10.12%; company insiders own 5.65% of the stock.
• NAPCO beat quarterly EPS estimates ($0.39 vs. $0.35) with revenue up 11.8% year‑over‑year (slightly under consensus) and announced a quarterly dividend of $0.15 ($0.60 annualized, ~1.4% yield).

NAPCO Security Technologies, Inc. (NASDAQ:NSSC - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the eight ratings firms that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $48.6667.

A number of research firms have issued reports on NSSC. Needham & Company LLC reiterated a "buy" rating and issued a $49.00 target price (up from $47.00) on shares of NAPCO Security Technologies in a research report on Monday, February 2nd. TD Cowen reissued a "buy" rating and issued a $53.00 target price (up from $50.00) on shares of NAPCO Security Technologies in a report on Tuesday. DA Davidson restated a "buy" rating and issued a $52.00 price target on shares of NAPCO Security Technologies in a research note on Tuesday. Finally, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of NAPCO Security Technologies in a report on Monday, April 27th.

Insider Activity

In other news, CEO Richard Soloway sold 129,682 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $44.99, for a total value of $5,834,393.18. Following the completion of the transaction, the chief executive officer directly owned 1,152,276 shares in the company, valued at approximately $51,840,897.24. This represents a 10.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 5.65% of the company's stock.

Institutional Investors Weigh In On NAPCO Security Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its holdings in shares of NAPCO Security Technologies by 4.7% during the first quarter. Dimensional Fund Advisors LP now owns 702,852 shares of the industrial products company's stock worth $27,683,000 after purchasing an additional 31,609 shares during the last quarter. KBC Group NV bought a new position in NAPCO Security Technologies in the 1st quarter valued at approximately $26,000. Copeland Capital Management LLC raised its holdings in NAPCO Security Technologies by 41.4% in the 1st quarter. Copeland Capital Management LLC now owns 2,009,089 shares of the industrial products company's stock valued at $79,138,000 after buying an additional 588,297 shares during the last quarter. Financiere des Professionnels Fonds d investissement inc. acquired a new stake in NAPCO Security Technologies during the 1st quarter worth approximately $543,000. Finally, Bessemer Group Inc. boosted its position in NAPCO Security Technologies by 1,888.1% during the 1st quarter. Bessemer Group Inc. now owns 292,867 shares of the industrial products company's stock worth $11,537,000 after buying an additional 278,136 shares during the period. Institutional investors own 85.07% of the company's stock.

NAPCO Security Technologies Stock Up 0.8%

Shares of NAPCO Security Technologies stock opened at $41.58 on Friday. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of 39.98 and a beta of 1.54. The firm's 50-day moving average price is $42.99 and its two-hundred day moving average price is $42.16. NAPCO Security Technologies has a 12-month low of $24.82 and a 12-month high of $48.12.

NAPCO Security Technologies (NASDAQ:NSSC - Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.35 by $0.04. NAPCO Security Technologies had a net margin of 18.70% and a return on equity of 28.93%. The business had revenue of $49.17 million for the quarter, compared to analysts' expectations of $49.26 million. During the same period last year, the firm posted $0.28 earnings per share. The firm's quarterly revenue was up 11.8% compared to the same quarter last year. On average, sell-side analysts expect that NAPCO Security Technologies will post 1.48 earnings per share for the current year.

NAPCO Security Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 3rd. Shareholders of record on Friday, June 12th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, June 12th. NAPCO Security Technologies's payout ratio is presently 57.69%.

About NAPCO Security Technologies

NAPCO Security Technologies, Inc NASDAQ: NSSC is a designer and manufacturer of electronic security solutions for commercial and residential applications. The company's product portfolio spans intrusion and fire alarm control panels, alarm communicators, access control locks and readers, as well as a broad range of peripheral modules and integrated security accessories. NAPCO's offerings are engineered to deliver scalable, networked security systems suitable for new installations and retrofit projects alike.

Key product lines include hybrid alarm control panels that support both wired and wireless peripherals, cellular and IP alarm communicators for reliable central station reporting, and the acclaimed “Alarm Lock” series of standalone and networked electronic door locks.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.