Roth Capital Analysts Increase Earnings Estimates for BYRN

Byrna Technologies Inc. (NASDAQ:BYRN) – Equities researchers at Roth Capital lifted their FY2025 earnings estimates for Byrna Technologies in a note issued to investors on Thursday, March 6th. Roth Capital analyst M. Koranda now anticipates that the company will earn $0.36 per share for the year, up from their previous estimate of $0.32. The consensus estimate for Byrna Technologies’ current full-year earnings is $0.28 per share.

Byrna Technologies Price Performance

BYRN stock opened at $22.48 on Friday. The company has a market capitalization of $509.10 million, a PE ratio of 41.63 and a beta of 1.64. Byrna Technologies has a 12 month low of $7.79 and a 12 month high of $34.78. The firm’s 50-day moving average is $28.56 and its 200 day moving average is $21.59.

Byrna Technologies (NASDAQ:BYRN) last posted its quarterly earnings results on Friday, February 7th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.05 by $0.12. Byrna Technologies had a net margin of 14.92% and a return on equity of 15.39%.

Insider Buying and Selling

In other Byrna Technologies news, insider Lisa Wager sold 12,500 shares of the firm’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $29.38, for a total transaction of $367,250.00. Following the transaction, the insider now owns 212,055 shares of the company’s stock, valued at approximately $6,230,175.90. This trade represents a 5.57 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Luan Pham sold 33,483 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $30.19, for a total transaction of $1,010,851.77. Following the transaction, the insider now directly owns 19,148 shares in the company, valued at $578,078.12. This trade represents a 63.62 % decrease in their position. The disclosure for this sale can be found here. 11.08% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Sound View Wealth Advisors Group LLC increased its position in Byrna Technologies by 0.3% during the 4th quarter. Sound View Wealth Advisors Group LLC now owns 106,735 shares of the company’s stock valued at $3,075,000 after purchasing an additional 355 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Byrna Technologies by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 8,109 shares of the company’s stock valued at $234,000 after buying an additional 484 shares in the last quarter. Walleye Capital LLC boosted its holdings in shares of Byrna Technologies by 1.3% in the 3rd quarter. Walleye Capital LLC now owns 52,379 shares of the company’s stock valued at $889,000 after buying an additional 665 shares in the last quarter. Quarry LP bought a new stake in shares of Byrna Technologies in the 4th quarter valued at about $25,000. Finally, Russell Investments Group Ltd. bought a new stake in shares of Byrna Technologies in the 4th quarter valued at about $29,000. Hedge funds and other institutional investors own 25.46% of the company’s stock.

Byrna Technologies Company Profile

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.