Napco Security Technologies, Inc. (NASDAQ:NSSC) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its holdings in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) by 30.5% in the third quarter, HoldingsChannel.com reports. The fund owned 359,103 shares of the industrial products company’s stock after buying an additional 83,871 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Napco Security Technologies were worth $14,529,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of NSSC. Price T Rowe Associates Inc. MD grew its position in Napco Security Technologies by 5.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 21,691 shares of the industrial products company’s stock valued at $872,000 after acquiring an additional 1,154 shares during the period. Comerica Bank grew its holdings in Napco Security Technologies by 19.1% during the 1st quarter. Comerica Bank now owns 2,586 shares of the industrial products company’s stock valued at $104,000 after purchasing an additional 415 shares in the last quarter. CWM LLC increased its position in shares of Napco Security Technologies by 14.8% during the second quarter. CWM LLC now owns 2,761 shares of the industrial products company’s stock worth $143,000 after acquiring an additional 356 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of Napco Security Technologies by 250.8% in the second quarter. SG Americas Securities LLC now owns 22,714 shares of the industrial products company’s stock worth $1,180,000 after acquiring an additional 16,239 shares in the last quarter. Finally, Sequoia Financial Advisors LLC bought a new stake in shares of Napco Security Technologies in the second quarter worth $302,000. Institutional investors and hedge funds own 85.07% of the company’s stock.

Napco Security Technologies Stock Down 0.8 %

NSSC stock opened at $39.64 on Monday. The company has a 50 day moving average of $38.91 and a two-hundred day moving average of $45.90. Napco Security Technologies, Inc. has a 12-month low of $31.14 and a 12-month high of $58.09. The company has a market cap of $1.45 billion, a price-to-earnings ratio of 29.15 and a beta of 1.62.

Napco Security Technologies (NASDAQ:NSSC) last announced its quarterly earnings results on Monday, November 4th. The industrial products company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.05). Napco Security Technologies had a return on equity of 29.56% and a net margin of 26.43%. The company had revenue of $44.00 million during the quarter, compared to analyst estimates of $46.56 million. During the same period in the prior year, the firm earned $0.28 EPS. Napco Security Technologies’s quarterly revenue was up 5.5% on a year-over-year basis. On average, research analysts anticipate that Napco Security Technologies, Inc. will post 1.49 EPS for the current year.

Napco Security Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Thursday, December 12th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date is Thursday, December 12th. Napco Security Technologies’s dividend payout ratio (DPR) is currently 36.76%.

Wall Street Analyst Weigh In

NSSC has been the subject of several research analyst reports. Craig Hallum lowered their price objective on Napco Security Technologies from $65.00 to $48.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. DA Davidson reduced their target price on shares of Napco Security Technologies from $55.00 to $48.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. TD Cowen decreased their target price on shares of Napco Security Technologies from $60.00 to $46.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Needham & Company LLC raised their price objective on shares of Napco Security Technologies from $52.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday, August 27th. Finally, StockNews.com raised Napco Security Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $47.14.

Insider Buying and Selling at Napco Security Technologies

In other news, Director Paul Stephen Beeber sold 708 shares of the stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $37.12, for a total value of $26,280.96. Following the completion of the transaction, the director now owns 2,681 shares in the company, valued at approximately $99,518.72. This represents a 20.89 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 5.24% of the company’s stock.

Napco Security Technologies Profile

Napco Security Technologies, Inc develops, manufactures, and sells electronic security systems for commercial, residential, institutional, industrial, and governmental applications in the United States and internationally. Its access control systems include various types of identification readers, control panels, PC-based computers, and electronically activated door-locking devices; intrusion and fire alarm systems, consists of various detectors, a control panel, a digital keypad and signaling equipment; and door locking devices comprise microprocessor-based electronic door locks with push button, card readers and bio-metric operation, door alarms, mechanical door locks, and simple dead bolt locks.