NAPCO Security Technologies (NASDAQ:NSSC) Given New $43.00 Price Target at Needham & Company LLC

NAPCO Security Technologies (NASDAQ:NSSC – Free Report) had its target price cut by Needham & Company LLC from $49.00 to $43.00 in a report released on Monday morning,Benzinga reports. They currently have a buy rating on the industrial products company’s stock.

Other analysts have also issued research reports about the company. Weiss Ratings raised NAPCO Security Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. DA Davidson set a $52.00 price objective on shares of NAPCO Security Technologies in a research report on Tuesday, August 25th. Finally, Benchmark reaffirmed a “buy” rating on shares of NAPCO Security Technologies in a research report on Tuesday, August 25th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $49.33.

Read Our Latest Stock Analysis on NSSC

NAPCO Security Technologies Stock Down 18.4%

NASDAQ NSSC opened at $32.10 on Monday. The company has a 50-day simple moving average of $36.39 and a two-hundred day simple moving average of $39.07. NAPCO Security Technologies has a 12-month low of $31.00 and a 12-month high of $51.77. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 26.53 and a beta of 1.51.

NAPCO Security Technologies (NASDAQ:NSSC – Get Free Report) last announced its quarterly earnings data on Monday, November 2nd. The industrial products company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.04). The company had revenue of $49.98 million during the quarter, compared to the consensus estimate of $52.05 million. NAPCO Security Technologies had a net margin of 21.27% and a return on equity of 31.41%. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.34 EPS. Equities analysts expect that NAPCO Security Technologies will post 1.68 earnings per share for the current fiscal year.

NAPCO Security Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Monday, December 14th will be paid 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 presently 56.20%.

Insider Buying and Selling at NAPCO Security Technologies

In other NAPCO Security Technologies news, Director Donna Soloway sold 20,962 shares of the company’s 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 transaction, the director owned 20,962 shares in the company, valued at approximately $725,704.44. This represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Richard Soloway sold 379,529 shares of the firm’s stock in a transaction dated Thursday, August 27th. The stock was 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 in the company, valued at $21,457,551. The trade was a 37.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 523,962 shares of company stock worth $18,257,168. Company insiders own 2.96% of the company’s stock.

Institutional Investors Weigh In On NAPCO Security Technologies

Several institutional investors have recently modified their holdings of the stock. KBC Group NV purchased a new stake in shares of NAPCO Security Technologies during the first quarter valued at $26,000. Sterling Capital Management LLC grew 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 worth $41,000 after purchasing an additional 1,039 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in NAPCO Security Technologies during the 2nd quarter valued at about $46,000. Signaturefd LLC lifted its holdings in NAPCO Security Technologies by 225.9% during the 3rd quarter. Signaturefd LLC now owns 1,310 shares of the industrial products company’s stock valued at $47,000 after buying an additional 908 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in NAPCO Security Technologies by 40.3% in the 3rd quarter. GAMMA Investing LLC now owns 1,345 shares of the industrial products company’s stock valued at $48,000 after buying an additional 386 shares during the period. 85.07% of the stock is owned by institutional investors.

NAPCO Security Technologies News Roundup

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

  • Positive Sentiment: Recurring service revenue increased 11.5% year over year, with margins above 90%, helping support gross margins and bringing the recurring-revenue run rate to approximately $106 million. Management is targeting full-year equipment gross margins of 26%–27%. Napco Recurring Revenue Growth Offsets Softer Equipment Sales in Fiscal Q1
  • Positive Sentiment: NAPCO declared a quarterly dividend of $0.17 per share, equivalent to $0.68 annually and a reported 2.1% yield, providing an income component for shareholders. NAPCO Security Technologies dividend information
  • Neutral Sentiment: Revenue reached a quarterly record of approximately $50.0 million and grew 1.6% year over year, but the increase was largely driven by recurring services rather than hardware sales. NAPCO Security Technologies Reports Fiscal Q1 2027 Results
  • Negative Sentiment: Adjusted EPS was $0.34, below the $0.38 analyst consensus and roughly flat from the prior-year quarter. Revenue of $49.98 million also missed expectations of approximately $52.0 million. NAPCO Earnings Flash
  • Negative Sentiment: Equipment sales declined 7.3%, reportedly reflecting a distributor pullback and ending a six-quarter growth streak. Excluding a litigation-related credit, operating income fell about 4%, indicating that underlying profitability was weaker than the headline margin performance suggests. NAPCO Security Q1 2027 Earnings Analysis

About NAPCO Security Technologies

(Get Free Report)

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.

Further Reading

Analyst Recommendations for NAPCO Security Technologies (NASDAQ:NSSC)

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