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

NAPCO Security Technologies (NASDAQ:NSSC – Get Free Report) had its target price lowered by equities research analysts at Needham & Company LLC from $49.00 to $43.00 in a report released on Monday, Benzinga reports. The brokerage presently has a “buy” rating on the industrial products company’s stock. Needham & Company LLC‘s target price would suggest a potential upside of 33.96% from the stock’s previous close.

Several other research analysts also recently commented on the company. DA Davidson set a $52.00 price objective on NAPCO Security Technologies in a report on Tuesday, August 25th. Weiss Ratings upgraded NAPCO Security Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. Finally, Benchmark restated a “buy” rating on shares of NAPCO Security Technologies in a research report on Tuesday, August 25th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, NAPCO Security Technologies has a consensus rating of “Moderate Buy” and an average target price of $49.33.

Read Our Latest Analysis on NAPCO Security Technologies

NAPCO Security Technologies Stock Down 18.4%

NASDAQ:NSSC opened at $32.10 on Monday. The business’s 50-day moving average price is $36.39 and its two-hundred day moving average price is $39.07. NAPCO Security Technologies has a twelve month low of $31.00 and a twelve month high of $51.77. The stock has a market cap of $1.15 billion, a P/E ratio of 26.53 and a beta of 1.51.

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

Insider Buying and Selling at NAPCO Security Technologies

In related news, Director Donna Soloway sold 20,962 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $34.62, for a total value of $725,704.44. Following the sale, the director owned 20,962 shares in the company, valued at $725,704.44. This represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Chairman Richard Soloway sold 379,529 shares of the firm’s stock in a transaction on 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 transaction, the chairman owned 621,958 shares of the company’s stock, valued at $21,457,551. The trade was a 37.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 523,962 shares of company stock worth $18,257,168. 2.96% of the stock is owned by insiders.

Institutional Investors Weigh In On NAPCO Security Technologies

Large investors have recently bought and sold shares of the business. KBC Group NV purchased a new stake in NAPCO Security Technologies during the 1st quarter valued at $26,000. Sterling Capital Management LLC lifted its holdings in shares of NAPCO Security Technologies by 844.7% during the 3rd quarter. Sterling Capital Management LLC now owns 1,162 shares of the industrial products company’s stock valued at $41,000 after buying an additional 1,039 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of NAPCO Security Technologies in the 2nd quarter worth $46,000. Signaturefd LLC boosted its stake in shares of NAPCO Security Technologies by 225.9% in the 3rd quarter. Signaturefd LLC now owns 1,310 shares of the industrial products company’s stock worth $47,000 after buying an additional 908 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of NAPCO Security Technologies by 40.3% in the third quarter. GAMMA Investing LLC now owns 1,345 shares of the industrial products company’s stock worth $48,000 after acquiring an additional 386 shares during the period. 85.07% of the stock is currently owned by institutional investors.

More NAPCO Security Technologies News

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

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