Wealthspire Advisors LLC Sells 45,200 Shares of Byrna Technologies Inc. (NASDAQ:BYRN)

Wealthspire Advisors LLC lessened its stake in shares of Byrna Technologies Inc. (NASDAQ:BYRN) by 8.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 471,054 shares of the company’s stock after selling 45,200 shares during the period. Wealthspire Advisors LLC owned about 2.07% of Byrna Technologies worth $13,571,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. GSA Capital Partners LLP raised its stake in Byrna Technologies by 86.6% in the third quarter. GSA Capital Partners LLP now owns 59,608 shares of the company’s stock worth $1,012,000 after buying an additional 27,662 shares in the last quarter. Quest Partners LLC purchased a new position in Byrna Technologies in the third quarter worth $46,000. Charles Schwab Investment Management Inc. grew its holdings in Byrna Technologies by 4.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 50,958 shares of the company’s stock worth $865,000 after purchasing an additional 2,021 shares during the last quarter. FMR LLC grew its holdings in Byrna Technologies by 47.9% in the third quarter. FMR LLC now owns 1,694,610 shares of the company’s stock worth $28,758,000 after purchasing an additional 548,670 shares during the last quarter. Finally, MetLife Investment Management LLC grew its holdings in Byrna Technologies by 129.1% in the third quarter. MetLife Investment Management LLC now owns 10,756 shares of the company’s stock worth $183,000 after purchasing an additional 6,061 shares during the last quarter. Institutional investors own 25.46% of the company’s stock.

Byrna Technologies Trading Down 2.3 %

BYRN stock opened at $28.51 on Friday. The company has a market cap of $645.75 million, a price-to-earnings ratio of 52.80 and a beta of 1.65. Byrna Technologies Inc. has a 12 month low of $7.79 and a 12 month high of $34.78. The firm has a 50-day moving average of $29.30 and a two-hundred day moving average of $20.57.

Byrna Technologies (NASDAQ:BYRN) last posted its quarterly earnings data on Friday, February 7th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.12. Byrna Technologies had a net margin of 14.92% and a return on equity of 15.39%. As a group, equities analysts forecast that Byrna Technologies Inc. will post 0.28 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Roth Mkm reissued a “buy” rating and set a $20.00 price objective on shares of Byrna Technologies in a report on Wednesday, October 30th. Three investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $17.75.

Insider Activity

In other Byrna Technologies news, insider Lisa Wager sold 12,500 shares of the firm’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $29.38, for a total transaction of $367,250.00. Following the transaction, the insider now directly owns 212,055 shares of the company’s stock, valued at approximately $6,230,175.90. This trade represents a 5.57 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Luan Pham sold 33,483 shares of Byrna Technologies stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $30.19, for a total transaction of $1,010,851.77. Following the completion of the sale, the insider now directly owns 19,148 shares in the company, valued at approximately $578,078.12. The trade was a 63.62 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 11.08% of the company’s stock.

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.