Byrna Technologies Inc. (NASDAQ:BYRN – Get Free Report) Director Leonard Elmore bought 10,000 shares of the stock in a transaction on Thursday, August 6th. The stock was purchased at an average cost of $4.64 per share, for a total transaction of $46,400.00. Following the acquisition, the director owned 60,811 shares of the company’s stock, valued at $282,163.04. This trade represents a 19.68% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Byrna Technologies Stock Up 9.0%
Byrna Technologies stock opened at $4.85 on Tuesday. Byrna Technologies Inc. has a 52-week low of $3.16 and a 52-week high of $30.62. The company has a market cap of $110.05 million, a P/E ratio of -26.94 and a beta of 1.83. The business has a 50-day simple moving average of $5.17 and a two-hundred day simple moving average of $7.95.
Byrna Technologies (NASDAQ:BYRN – Get Free Report) last issued its quarterly earnings data on Thursday, July 9th. The company reported ($0.44) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.34). The business had revenue of $16.39 million during the quarter, compared to the consensus estimate of $22.32 million. Byrna Technologies had a negative return on equity of 5.85% and a negative net margin of 3.39%. Research analysts anticipate that Byrna Technologies Inc. will post -0.63 EPS for the current fiscal year.
Institutional Inflows and Outflows
Analysts Set New Price Targets
Several research analysts have recently weighed in on BYRN shares. Zacks Research downgraded shares of Byrna Technologies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 14th. B. Riley Financial decreased their target price on Byrna Technologies from $21.00 to $12.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Wall Street Zen downgraded Byrna Technologies from a “sell” rating to a “strong sell” rating in a research report on Sunday, July 12th. Finally, Roth Capital cut Byrna Technologies from a “buy” rating to a “neutral” rating and set a $4.50 price target for the company. in a research report on Friday, July 10th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $7.88.
Get Our Latest Analysis on BYRN
About Byrna Technologies
Byrna Technologies, Inc (NASDAQ: BYRN) designs, develops and markets non-lethal personal security devices and accessories intended to provide an alternative to traditional firearms. The company’s flagship offerings deploy impact projectiles and chemical irritants in a compact, pistol-style form factor. Its product portfolio includes the Byrna SD and Byrna HD launchers, which utilize proprietary kinetic and irritant cartridges, as well as the lightweight Byrna Air, a CO₂-powered variant optimized for close-quarters defense.
In addition to its core self-defense launchers, Byrna Technologies supplies a range of consumables and support products, including cartridges loaded with pepper-based irritants, inert training rounds, holsters, safe-carry cases and speed loaders.
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