XTX Topco Ltd Sells 15,863 Shares of Byrna Technologies Inc. (NASDAQ:BYRN)

XTX Topco Ltd reduced its position in shares of Byrna Technologies Inc. (NASDAQ:BYRN) by 38.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 24,988 shares of the company’s stock after selling 15,863 shares during the quarter. XTX Topco Ltd owned 0.11% of Byrna Technologies worth $424,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in BYRN. FMR LLC grew its stake in shares of Byrna Technologies by 47.9% during the 3rd quarter. FMR LLC now owns 1,694,610 shares of the company’s stock valued at $28,758,000 after purchasing an additional 548,670 shares during the period. Divisadero Street Capital Management LP bought a new stake in shares of Byrna Technologies during the 2nd quarter valued at about $2,693,000. Millennium Management LLC grew its stake in shares of Byrna Technologies by 53.5% during the 2nd quarter. Millennium Management LLC now owns 321,915 shares of the company’s stock valued at $3,213,000 after purchasing an additional 112,262 shares during the period. State Street Corp grew its stake in shares of Byrna Technologies by 36.9% during the 3rd quarter. State Street Corp now owns 314,315 shares of the company’s stock valued at $5,334,000 after purchasing an additional 84,723 shares during the period. Finally, Renaissance Technologies LLC bought a new stake in shares of Byrna Technologies during the 2nd quarter valued at about $786,000. 25.46% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

BYRN has been the subject of a number of recent research reports. Roth Capital upgraded Byrna Technologies to a “strong-buy” rating in a research note on Wednesday, August 28th. Roth Mkm reiterated a “buy” rating and set a $20.00 price objective on shares of Byrna Technologies in a research note on Wednesday, October 30th. Three equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Byrna Technologies has a consensus rating of “Buy” and an average price target of $17.75.

Insider Buying and Selling

In other Byrna Technologies news, CFO Laurilee Kearnes purchased 2,000 shares of the stock in a transaction that occurred on Thursday, October 10th. The shares were bought at an average cost of $14.04 per share, with a total value of $28,080.00. Following the acquisition, the chief financial officer now owns 2,500 shares in the company, valued at approximately $35,100. This trade represents a 400.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Bryan Ganz sold 2,478 shares of the company’s stock in a transaction that occurred on Wednesday, September 25th. The stock was sold at an average price of $18.46, for a total value of $45,743.88. Following the sale, the chief executive officer now directly owns 398,059 shares in the company, valued at $7,348,169.14. This trade represents a 0.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,424 shares of company stock valued at $183,104. Corporate insiders own 11.08% of the company’s stock.

Byrna Technologies Trading Down 0.6 %

NASDAQ BYRN opened at $24.67 on Friday. The stock’s 50 day moving average is $17.74 and its 200 day moving average is $13.89. Byrna Technologies Inc. has a 12 month low of $5.36 and a 12 month high of $25.77. The stock has a market cap of $561.44 million, a PE ratio of 274.11 and a beta of 1.80.

Byrna Technologies (NASDAQ:BYRN) last posted its quarterly earnings results on Wednesday, October 9th. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.05. Byrna Technologies had a return on equity of 5.58% and a net margin of 3.12%. The company had revenue of $20.85 million for the quarter, compared to analysts’ expectations of $20.82 million. On average, analysts forecast that Byrna Technologies Inc. will post 0.19 EPS for the current fiscal year.

About Byrna Technologies

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.