Hodges Capital Management Inc. Has $270,000 Stock Holdings in Byrna Technologies Inc. $BYRN

Hodges Capital Management Inc. reduced its holdings in shares of Byrna Technologies Inc. (NASDAQ:BYRN) by 79.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,429 shares of the company’s stock after selling 110,573 shares during the quarter. Hodges Capital Management Inc.’s holdings in Byrna Technologies were worth $270,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Byrna Technologies by 4.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,305 shares of the company’s stock valued at $174,000 after acquiring an additional 468 shares in the last quarter. Tidal Investments LLC increased its holdings in Byrna Technologies by 4.9% during the 2nd quarter. Tidal Investments LLC now owns 12,363 shares of the company’s stock worth $382,000 after purchasing an additional 576 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Byrna Technologies by 9.9% in the second quarter. JPMorgan Chase & Co. now owns 9,110 shares of the company’s stock valued at $281,000 after purchasing an additional 822 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of Byrna Technologies by 89.6% during the third quarter. Russell Investments Group Ltd. now owns 2,215 shares of the company’s stock valued at $49,000 after buying an additional 1,047 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Byrna Technologies by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 440,843 shares of the company’s stock valued at $7,403,000 after buying an additional 1,126 shares during the last quarter. 25.46% of the stock is owned by institutional investors.

Byrna Technologies Stock Down 0.9%

BYRN stock opened at $7.01 on Tuesday. The stock has a 50-day simple moving average of $5.88 and a two-hundred day simple moving average of $10.23. Byrna Technologies Inc. has a twelve month low of $4.84 and a twelve month high of $34.30. The firm has a market capitalization of $159.17 million, a PE ratio of 19.65 and a beta of 1.80.

Byrna Technologies (NASDAQ:BYRN) last announced its quarterly earnings results on Thursday, April 9th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.02). Byrna Technologies had a return on equity of 14.14% and a net margin of 7.30%.The firm had revenue of $29.05 million during the quarter, compared to analysts’ expectations of $30.21 million. During the same period in the previous year, the company posted $0.07 earnings per share. On average, equities research analysts anticipate that Byrna Technologies Inc. will post 0.03 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on BYRN shares. Roth Mkm dropped their price objective on Byrna Technologies from $26.00 to $12.50 and set a “buy” rating on the stock in a research note on Friday, April 10th. Wall Street Zen cut shares of Byrna Technologies from a “hold” rating to a “sell” rating in a report on Saturday, April 18th. New Street Research set a $7.50 price objective on shares of Byrna Technologies in a research note on Friday, April 10th. B. Riley Financial reduced their target price on Byrna Technologies from $31.00 to $21.00 and set a “buy” rating for the company in a report on Friday, April 10th. Finally, Texas Capital upgraded Byrna Technologies to a “strong-buy” rating in a report on Tuesday, March 24th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Byrna Technologies currently has a consensus rating of “Buy” and an average target price of $12.12.

Byrna Technologies Company Profile

Byrna Technologies, Inc (NASDAQ: BYRN) designs, develops and markets non-lethal personal security devices and accessories intended to provide an alternative to traditional firearms. The company’s flagship offerings deploy impact projectiles and chemical irritants in a compact, pistol-style form factor. Its product portfolio includes the Byrna SD and Byrna HD launchers, which utilize proprietary kinetic and irritant cartridges, as well as the lightweight Byrna Air, a CO₂-powered variant optimized for close-quarters defense.

In addition to its core self-defense launchers, Byrna Technologies supplies a range of consumables and support products, including cartridges loaded with pepper-based irritants, inert training rounds, holsters, safe-carry cases and speed loaders.