Guardian Capital LP Acquires 8,106 Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC)

Guardian Capital LP raised its holdings in Napco Security Technologies, Inc. (NASDAQ:NSSCGet Rating) by 165.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,000 shares of the industrial products company’s stock after buying an additional 8,106 shares during the quarter. Guardian Capital LP’s holdings in Napco Security Technologies were worth $267,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Great West Life Assurance Co. Can increased its holdings in Napco Security Technologies by 100.0% in the 1st quarter. Great West Life Assurance Co. Can now owns 1,628 shares of the industrial products company’s stock valued at $35,000 after buying an additional 814 shares during the period. Renaissance Group LLC increased its holdings in Napco Security Technologies by 3.2% in the 4th quarter. Renaissance Group LLC now owns 31,428 shares of the industrial products company’s stock valued at $2,948,000 after buying an additional 974 shares during the period. Orion Capital Management LLC increased its holdings in Napco Security Technologies by 100.0% in the 1st quarter. Orion Capital Management LLC now owns 2,000 shares of the industrial products company’s stock valued at $41,000 after buying an additional 1,000 shares during the period. Ameritas Investment Partners Inc. increased its holdings in Napco Security Technologies by 100.0% in the 1st quarter. Ameritas Investment Partners Inc. now owns 2,090 shares of the industrial products company’s stock valued at $43,000 after buying an additional 1,045 shares during the period. Finally, Blair William & Co. IL increased its holdings in Napco Security Technologies by 2.4% in the 4th quarter. Blair William & Co. IL now owns 66,878 shares of the industrial products company’s stock valued at $3,343,000 after buying an additional 1,565 shares during the period. Institutional investors own 67.49% of the company’s stock.

Napco Security Technologies Stock Down 5.4 %

Shares of NASDAQ NSSC opened at $29.34 on Tuesday. The firm’s 50-day simple moving average is $26.05 and its 200 day simple moving average is $21.72. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 56.42 and a beta of 1.29. Napco Security Technologies, Inc. has a 12-month low of $15.39 and a 12-month high of $31.30.

Napco Security Technologies (NASDAQ:NSSCGet Rating) last issued its quarterly earnings results on Monday, August 29th. The industrial products company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.09. Napco Security Technologies had a net margin of 13.38% and a return on equity of 15.19%. During the same quarter in the prior year, the business posted $0.14 EPS. On average, equities analysts expect that Napco Security Technologies, Inc. will post 0.71 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have recently commented on NSSC. Canaccord Genuity Group boosted their target price on shares of Napco Security Technologies from $28.00 to $36.00 and gave the company a “buy” rating in a research note on Tuesday, August 30th. B. Riley upgraded shares of Napco Security Technologies from a “neutral” rating to a “buy” rating and boosted their target price for the company from $24.00 to $28.00 in a research note on Monday, July 11th. Canaccord Genuity Group boosted their target price on shares of Napco Security Technologies from $28.00 to $36.00 in a research note on Tuesday, August 30th. Needham & Company LLC boosted their target price on shares of Napco Security Technologies from $30.00 to $33.00 and gave the company a “buy” rating in a research note on Tuesday, August 30th. Finally, Lake Street Capital boosted their target price on shares of Napco Security Technologies from $23.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, August 30th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Napco Security Technologies has an average rating of “Moderate Buy” and an average price target of $32.33.

About Napco Security Technologies

(Get Rating)

Napco Security Technologies, Inc develops, manufactures, and sells electronic security products in the United States and internationally. The company offers access control systems, door-locking products, intrusion and fire alarm systems, and video surveillance systems for commercial, residential, institutional, industrial, and governmental applications.

See Also

Institutional Ownership by Quarter for Napco Security Technologies (NASDAQ:NSSC)

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