Lisa Wager Sells 8,333 Shares of Byrna Technologies Inc. (NASDAQ:BYRN) Stock

Byrna Technologies Inc. (NASDAQ:BYRN) insider Lisa Wager sold 8,333 shares of the company’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $11.21, for a total transaction of $93,412.93. Following the completion of the transaction, the insider now owns 257,887 shares of the company’s stock, valued at approximately $2,890,913.27. The sale was disclosed in a filing with the SEC, which is available at this link.

Byrna Technologies Trading Down 1.7 %

Shares of NASDAQ:BYRN opened at $10.98 on Thursday. Byrna Technologies Inc. has a 1-year low of $2.19 and a 1-year high of $15.34. The firm has a fifty day moving average price of $13.27 and a 200 day moving average price of $9.50.

Byrna Technologies (NASDAQ:BYRN) last announced its earnings results on Friday, April 5th. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.12. The business had revenue of $16.65 million during the quarter, compared to the consensus estimate of $16.65 million. Byrna Technologies had a negative net margin of 11.83% and a negative return on equity of 13.16%. On average, research analysts forecast that Byrna Technologies Inc. will post -0.02 EPS for the current fiscal year.

Institutional Trading of Byrna Technologies

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in shares of Byrna Technologies by 1.9% in the first quarter. Vanguard Group Inc. now owns 800,051 shares of the company’s stock valued at $11,145,000 after purchasing an additional 14,755 shares during the period. Wealthspire Advisors LLC grew its position in Byrna Technologies by 1.8% in the 1st quarter. Wealthspire Advisors LLC now owns 553,079 shares of the company’s stock valued at $7,704,000 after buying an additional 10,000 shares during the last quarter. Spartan Fund Management Inc. acquired a new position in Byrna Technologies in the 4th quarter valued at $32,000. M&T Bank Corp raised its position in Byrna Technologies by 48.2% during the 4th quarter. M&T Bank Corp now owns 166,042 shares of the company’s stock worth $1,062,000 after buying an additional 54,028 shares during the last quarter. Finally, Raymond James & Associates lifted its stake in shares of Byrna Technologies by 286.4% in the 4th quarter. Raymond James & Associates now owns 127,592 shares of the company’s stock worth $815,000 after acquiring an additional 94,575 shares during the period. 25.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. B. Riley reissued a “buy” rating and issued a $17.00 price target (up from $14.00) on shares of Byrna Technologies in a research report on Monday, April 8th. TheStreet raised Byrna Technologies from a “d+” rating to a “c-” rating in a report on Thursday, March 7th. Finally, LADENBURG THALM/SH SH raised their price target on Byrna Technologies from $12.75 to $16.25 and gave the stock a “buy” rating in a research note on Tuesday, April 9th. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $13.50.

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.