NAPCO Security Technologies, Inc. (NASDAQ:NSSC) Stock Now Rated “Moderate Buy” by Wall Street Brokerages

Shares of NAPCO Security Technologies, Inc. (NASDAQ:NSSC) have been assigned an average rating of “Moderate Buy” from the seven brokerages that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $46.50.

A number of equities research analysts have recently issued reports on the company. Benchmark restated a “buy” rating on shares of NAPCO Security Technologies in a research report on Tuesday, August 25th. Needham & Company LLC cut their target price on NAPCO Security Technologies from $49.00 to $43.00 and set a “buy” rating for the company in a research note on Monday. TD Cowen lowered their price target on shares of NAPCO Security Technologies from $55.00 to $45.00 and set a “buy” rating on the stock in a research report on Tuesday. Weiss Ratings raised shares of NAPCO Security Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, October 8th. Finally, DA Davidson set a $52.00 price objective on shares of NAPCO Security Technologies in a research report on Tuesday, August 25th.

Insiders Place Their Bets

In other NAPCO Security Technologies news, Director Donna Soloway sold 20,962 shares of NAPCO Security Technologies stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $34.62, for a total transaction of $725,704.44. Following the completion of the sale, the director directly owned 20,962 shares in the company, valued at $725,704.44. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Richard Soloway sold 379,529 shares of NAPCO Security Technologies stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $34.50, for a total value of $13,093,750.50. Following the completion of the transaction, the chairman directly owned 621,958 shares of the company’s stock, valued at approximately $21,457,551. This represents a 37.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 523,962 shares of company stock worth $18,257,168 in the last 90 days. Company insiders own 2.96% of the company’s stock.

Hedge Funds Weigh In On NAPCO Security Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in NSSC. KBC Group NV purchased a new position in shares of NAPCO Security Technologies during the first quarter worth about $26,000. Blue Trust Inc. acquired a new stake in shares of NAPCO Security Technologies in the first quarter valued at approximately $44,000. Sterling Capital Management LLC boosted its holdings in shares of NAPCO Security Technologies by 844.7% in the third quarter. Sterling Capital Management LLC now owns 1,162 shares of the industrial products company’s stock valued at $41,000 after acquiring an additional 1,039 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of NAPCO Security Technologies during the second quarter worth approximately $46,000. Finally, Signaturefd LLC grew its position in shares of NAPCO Security Technologies by 225.9% during the third quarter. Signaturefd LLC now owns 1,310 shares of the industrial products company’s stock worth $47,000 after acquiring an additional 908 shares during the last quarter. Hedge funds and other institutional investors own 85.07% of the company’s stock.

NAPCO Security Technologies Price Performance

Shares of NASDAQ:NSSC opened at $31.77 on Friday. The business’s 50 day moving average price is $36.27 and its 200-day moving average price is $39.03. The firm has a market capitalization of $1.14 billion, a PE ratio of 19.94 and a beta of 1.49. NAPCO Security Technologies has a 1 year low of $31.00 and a 1 year high of $51.77.

NAPCO Security Technologies (NASDAQ:NSSC) last released its earnings results on Monday, November 2nd. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.04). NAPCO Security Technologies had a return on equity of 30.46% and a net margin of 21.60%. The business had revenue of $49.98 million for the quarter, compared to analysts’ expectations of $52.05 million. During the same period in the previous year, the company earned $0.34 EPS. NAPCO Security Technologies’s quarterly revenue was up 1.6% compared to the same quarter last year. As a group, analysts expect that NAPCO Security Technologies will post 1.68 earnings per share for the current year.

NAPCO Security Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Shareholders of record on Monday, December 14th will be given a $0.17 dividend. The ex-dividend date is Monday, December 14th. This represents a $0.68 dividend on an annualized basis and a yield of 2.1%. NAPCO Security Technologies’s payout ratio is currently 56.20%.

Key NAPCO Security Technologies News

Here are the key news stories impacting NAPCO Security Technologies this week:

• Positive Sentiment: Recurring service revenue rose 11.5%, helping offset softer equipment sales; the recurring-revenue run rate reached about $106 million. The company also expects full-year equipment margins of 26%–27%. Article
• Positive Sentiment: NAPCO declared a quarterly dividend of $0.17 per share, equivalent to $0.68 annually and a yield of about 2.1% based on the cited price. Dividend details
• Neutral Sentiment: Lake Street Capital, TD Cowen and Needham lowered their price targets to $46, $45 and $43, respectively, but each maintained a Buy rating. The cuts temper expectations despite analysts’ continued positive recommendations. Lake Street Capital rating
• Negative Sentiment: Fiscal Q1 2027 adjusted EPS was $0.34, below the $0.38 consensus, while revenue of about $50 million also missed estimates of roughly $52 million. Equipment sales fell 7.3%, reportedly reflecting a distributor pullback; EPS was flat year over year and revenue grew just 1.6%. These results may weigh on the shares. Q1 results

NAPCO Security Technologies Company Profile

NAPCO Security Technologies, Inc develops, manufactures and sells electronic security products and solutions for commercial, institutional, industrial and residential applications. Its offerings include intrusion alarm systems, access control systems, fire alarm products, locking systems and related communications technologies.

The company markets products under brands that include NAPCO, StarLink, Alarm Lock, Continental Instruments and Firewolf. Its solutions are designed to support security dealers, alarm monitoring providers, systems integrators and other professional-channel customers, including applications in schools, healthcare facilities, businesses and government buildings.

Founded in 1969, NAPCO is headquartered in Amityville, New York.