3,980 Shares in Byrna Technologies Inc. (NASDAQ:BYRN) Acquired by Gen Wealth Partners Inc

Gen Wealth Partners Inc acquired a new position in shares of Byrna Technologies Inc. (NASDAQ:BYRN) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,980 shares of the company’s stock, valued at approximately $115,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BYRN. Capital Research Global Investors bought a new position in shares of Byrna Technologies in the fourth quarter worth $47,203,000. Vanguard Group Inc. increased its holdings in Byrna Technologies by 8.0% in the 4th quarter. Vanguard Group Inc. now owns 1,001,759 shares of the company’s stock valued at $28,861,000 after buying an additional 73,954 shares during the period. Invesco Ltd. raised its position in shares of Byrna Technologies by 72.4% in the 4th quarter. Invesco Ltd. now owns 697,655 shares of the company’s stock valued at $20,099,000 after buying an additional 293,049 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Byrna Technologies by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 396,616 shares of the company’s stock worth $11,430,000 after acquiring an additional 5,184 shares during the period. Finally, Driehaus Capital Management LLC bought a new stake in shares of Byrna Technologies during the 4th quarter worth approximately $9,304,000. 25.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Roth Mkm restated a “buy” rating and set a $33.00 target price on shares of Byrna Technologies in a research note on Thursday, March 20th.

Insider Buying and Selling

In other Byrna Technologies news, insider Lisa Wager sold 12,500 shares of the business’s stock in a transaction that occurred 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 sale, the insider now directly owns 212,055 shares of the company’s stock, valued at $6,230,175.90. The trade was a 5.57 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Emily Rooney purchased 2,500 shares of the company’s stock in a transaction dated Tuesday, April 22nd. The shares were acquired at an average cost of $20.50 per share, with a total value of $51,250.00. Following the purchase, the director now directly owns 37,564 shares of the company’s stock, valued at approximately $770,062. The trade was a 7.13 % increase in their position. The disclosure for this purchase can be found here. 11.08% of the stock is currently owned by corporate insiders.

Byrna Technologies Stock Down 5.2 %

Byrna Technologies stock opened at $21.45 on Friday. The stock has a market cap of $486.21 million, a PE ratio of 39.72 and a beta of 2.18. Byrna Technologies Inc. has a 12-month low of $7.79 and a 12-month high of $34.78. The business’s 50-day moving average price is $19.75 and its two-hundred day moving average price is $23.04.

Byrna Technologies (NASDAQ:BYRN) last issued its quarterly earnings data on Thursday, April 10th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.02 by $0.05. The business had revenue of $26.19 million during the quarter, compared to the consensus estimate of $23.26 million. Byrna Technologies had a net margin of 14.92% and a return on equity of 15.39%. As a group, analysts expect that Byrna Technologies Inc. will post 0.28 earnings per share for the current year.

About Byrna Technologies

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.