Cwm LLC Buys 622 Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC)

Cwm LLC boosted its position in Napco Security Technologies, Inc. (NASDAQ:NSSC) by 22.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 3,383 shares of the industrial products company’s stock after buying an additional 622 shares during the quarter. Cwm LLC’s holdings in Napco Security Technologies were worth $137,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. AE Wealth Management LLC grew its holdings in Napco Security Technologies by 3.8% during the second quarter. AE Wealth Management LLC now owns 5,189 shares of the industrial products company’s stock valued at $270,000 after purchasing an additional 189 shares during the period. Epic Trust Investment Advisors LLC increased its position in shares of Napco Security Technologies by 3.0% in the second quarter. Epic Trust Investment Advisors LLC now owns 9,678 shares of the industrial products company’s stock valued at $503,000 after acquiring an additional 279 shares during the last quarter. Quarry LP increased its position in shares of Napco Security Technologies by 91.2% during the 2nd quarter. Quarry LP now owns 654 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 312 shares during the last quarter. Comerica Bank grew its position in shares of Napco Security Technologies by 19.1% in the 1st quarter. Comerica Bank now owns 2,586 shares of the industrial products company’s stock valued at $104,000 after acquiring an additional 415 shares during the period. Finally, First Horizon Advisors Inc. raised its stake in Napco Security Technologies by 810.3% in the second quarter. First Horizon Advisors Inc. now owns 528 shares of the industrial products company’s stock valued at $27,000 after buying an additional 470 shares during the period. 85.07% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director Paul Stephen Beeber sold 708 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $37.12, for a total value of $26,280.96. Following the completion of the transaction, the director now directly owns 2,681 shares of the company’s stock, valued at $99,518.72. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 11.54% of the stock is currently owned by corporate insiders.

Napco Security Technologies Stock Down 1.5 %

NSSC opened at $38.98 on Friday. The company has a fifty day moving average of $42.36 and a 200-day moving average of $46.81. Napco Security Technologies, Inc. has a twelve month low of $17.76 and a twelve month high of $58.09. The stock has a market cap of $1.44 billion, a PE ratio of 29.09 and a beta of 1.64.

Napco Security Technologies (NASDAQ:NSSC) last posted its quarterly earnings results on Monday, August 26th. The industrial products company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. Napco Security Technologies had a net margin of 26.38% and a return on equity of 30.51%. The business had revenue of $50.33 million during the quarter, compared to analysts’ expectations of $50.18 million. During the same period last year, the company posted $0.28 earnings per share. Sell-side analysts anticipate that Napco Security Technologies, Inc. will post 1.85 EPS for the current fiscal year.

Napco Security Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Thursday, September 12th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend was Thursday, September 12th. This is a positive change from Napco Security Technologies’s previous quarterly dividend of $0.10. Napco Security Technologies’s dividend payout ratio is currently 37.31%.

Analyst Ratings Changes

Several analysts recently commented on NSSC shares. DA Davidson lifted their target price on shares of Napco Security Technologies from $53.00 to $55.00 and gave the stock a “buy” rating in a report on Tuesday, August 27th. Lake Street Capital reiterated a “buy” rating and issued a $60.00 price target on shares of Napco Security Technologies in a research note on Tuesday, September 17th. Finally, Needham & Company LLC boosted their target price on shares of Napco Security Technologies from $52.00 to $57.00 and gave the stock a “buy” rating in a research note on Tuesday, August 27th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $55.29.

Napco Security Technologies Company 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.