Roth Capital Forecasts Lower Earnings for Byrna Technologies

Byrna Technologies Inc. (NASDAQ:BYRN) – Analysts at Roth Capital decreased their Q1 2025 earnings per share estimates for Byrna Technologies in a report issued on Friday, October 18th. Roth Capital analyst M. Koranda now forecasts that the company will earn ($0.01) per share for the quarter, down from their previous forecast of $0.01. Roth Capital currently has a “Strong-Buy” rating on the stock. The consensus estimate for Byrna Technologies’ current full-year earnings is $0.16 per share. Roth Capital also issued estimates for Byrna Technologies’ Q2 2025 earnings at $0.08 EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.11 EPS and FY2025 earnings at $0.24 EPS.

Separately, Roth Mkm lifted their price target on shares of Byrna Technologies from $17.00 to $20.00 and gave the stock a “buy” rating in a research report on Friday. Three analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $17.75.

Byrna Technologies Trading Up 8.9 %

Byrna Technologies stock opened at $16.61 on Monday. The business has a 50-day moving average of $14.29 and a 200-day moving average of $12.41. Byrna Technologies has a 1 year low of $3.86 and a 1 year high of $19.42. The firm has a market capitalization of $378.33 million, a P/E ratio of -118.64 and a beta of 1.69.

Insider Buying and Selling at Byrna Technologies

In other news, CEO Bryan Ganz sold 17,442 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $15.40, for a total value of $268,606.80. Following the completion of the sale, the chief executive officer now owns 460,617 shares of the company’s stock, valued at approximately $7,093,501.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, CEO Bryan Ganz sold 17,442 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $15.40, for a total value of $268,606.80. Following the completion of the sale, the chief executive officer now directly owns 460,617 shares of the company’s stock, valued at $7,093,501.80. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Lisa Wager sold 20,000 shares of Byrna Technologies stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $13.50, for a total transaction of $270,000.00. Following the transaction, the insider now directly owns 229,555 shares of the company’s stock, valued at approximately $3,098,992.50. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 54,416 shares of company stock worth $820,581. Insiders own 8.44% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC boosted its stake in shares of Byrna Technologies by 145.1% in the second quarter. Cubist Systematic Strategies LLC now owns 76,202 shares of the company’s stock valued at $760,000 after buying an additional 45,118 shares during the period. XTX Topco Ltd acquired a new stake in shares of Byrna Technologies in the 2nd quarter valued at approximately $408,000. Bank of New York Mellon Corp increased its position in Byrna Technologies by 68.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 146,607 shares of the company’s stock worth $1,463,000 after purchasing an additional 59,738 shares in the last quarter. Renaissance Technologies LLC acquired a new position in Byrna Technologies during the 2nd quarter worth approximately $786,000. Finally, Squarepoint Ops LLC bought a new position in Byrna Technologies in the 2nd quarter valued at approximately $466,000. Institutional investors own 25.46% of the company’s stock.

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.