Byrna Technologies Inc (NASDAQ: BYRN) is 81.38% higher on its value in year-to-date trading and has touched a low of $2.19 and a high of $15.34 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BYRN stock was last observed hovering at around $11.48 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $11.59, the stock is 13.06% and 16.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.14 million and changing 0.96% at the moment leaves the stock 16.56% off its SMA200. BYRN registered 239.88% gain for a year compared to 6-month loss of -1.86%.
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The stock witnessed a 27.36% gain in the last 1 month and extending the period to 3 months gives it a -0.86%, and is 4.70% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.56% over the week and 5.24% over the month.
Byrna Technologies Inc (BYRN) has around 106 employees, a market worth around $264.02M and $59.65M in sales. Fwd P/E is 77.27. Profit margin for the company is -4.74%. Distance from 52-week low is 429.22% and -24.45% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.11%).
with sales reaching $16.06M over the same period.The EPS is expected to grow by 112.16% this year, but quarterly earnings will post 75.00% year-over-year.
Byrna Technologies Inc (BYRN) Top Institutional Holders
115.0 institutions hold shares in Byrna Technologies Inc (BYRN), with institutional investors hold 50.33% of the company’s shares. The shares outstanding are 22.00M, and float is at 17.57M with Short Float at 10.99%. Institutions hold 39.56% of the Float.
The top institutional shareholder in the company is ARROWMARK COLORADO HOLDINGS LLC with over 1.77 million shares valued at $17.63 million. The investor’s holdings represent 8.0188% of the BYRN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 1.16 million shares valued at $$11.58 million to account for 5.2675 of the shares outstanding. The other top investors are FMR LLC which holds 1.15 million shares representing 5.2005% and valued at over $11.44 million, while VANGUARD GROUP INC holds 4.1074 of the shares totaling 0.91 million with a market value of $9.03 million.
Byrna Technologies Inc (BYRN) Insider Activity
The most recent transaction is an insider sale by Wager Lisa,the company’sCorporate Secretary, CGO. SEC filings show that Wager Lisa sold 8,333 shares of the company’s common stock on May 24 ’24 at a price of $12.00 per share for a total of $99996.0. Following the sale, the insider now owns 0.25 million shares.
Byrna Technologies Inc disclosed in a document filed with the SEC on May 21 ’24 that Wager Lisa (Corporate Secretary, CGO) sold a total of 8,333 shares of the company’s common stock. The trade occurred on May 21 ’24 and was made at $11.21 per share for $93407.0. Following the transaction, the insider now directly holds 0.26 million shares of the BYRN stock.
Still, SEC filings show that on May 21 ’24, Hughes Herbert (Chairman of the Board) disposed off 8,836 shares at an average price of $11.16 for $98584.0. The insider now directly holds 128,589 shares of Byrna Technologies Inc (BYRN).
