B. Riley Lifts Earnings Estimates for Byrna Technologies

Byrna Technologies Inc. (NASDAQ:BYRN) – Research analysts at B. Riley upped their Q1 2025 earnings per share (EPS) estimates for Byrna Technologies in a note issued to investors on Wednesday, March 5th. B. Riley analyst J. Van. Sinderen now expects that the company will earn ($0.02) per share for the quarter, up from their prior estimate of ($0.04). The consensus estimate for Byrna Technologies’ current full-year earnings is $0.28 per share.

Byrna Technologies Stock Down 1.7 %

NASDAQ:BYRN opened at $22.48 on Monday. The firm has a 50-day moving average price of $28.56 and a 200 day moving average price of $21.67. The firm has a market capitalization of $509.10 million, a PE ratio of 41.63 and a beta of 1.64. Byrna Technologies has a 12-month low of $7.79 and a 12-month high of $34.78.

Byrna Technologies (NASDAQ:BYRN) last released its quarterly earnings data on Friday, February 7th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.12. Byrna Technologies had a net margin of 14.92% and a return on equity of 15.39%.

Insider Transactions at Byrna Technologies

In other Byrna Technologies news, insider Lisa Wager sold 12,500 shares of the company’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $29.38, for a total transaction of $367,250.00. Following the sale, the insider now directly owns 212,055 shares of the company’s stock, valued at approximately $6,230,175.90. This represents a 5.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Luan Pham sold 33,483 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $30.19, for a total transaction of $1,010,851.77. Following the sale, the insider now directly owns 19,148 shares of the company’s stock, valued at approximately $578,078.12. The trade was a 63.62 % decrease in their position. The disclosure for this sale can be found here. 11.08% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sound View Wealth Advisors Group LLC increased its position in Byrna Technologies by 0.3% in the 4th quarter. Sound View Wealth Advisors Group LLC now owns 106,735 shares of the company’s stock valued at $3,075,000 after acquiring an additional 355 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Byrna Technologies by 6.3% during the fourth quarter. JPMorgan Chase & Co. now owns 8,109 shares of the company’s stock valued at $234,000 after purchasing an additional 484 shares during the last quarter. Walleye Capital LLC increased its holdings in shares of Byrna Technologies by 1.3% in the third quarter. Walleye Capital LLC now owns 52,379 shares of the company’s stock valued at $889,000 after purchasing an additional 665 shares in the last quarter. Quarry LP bought a new position in Byrna Technologies in the 4th quarter worth approximately $25,000. Finally, Russell Investments Group Ltd. bought a new position in Byrna Technologies in the 4th quarter worth approximately $29,000. Institutional investors and hedge funds 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.