B. Riley Research Analysts Raise Earnings Estimates for BYRN

Byrna Technologies Inc. (NASDAQ:BYRN) – Stock analysts at B. Riley raised their FY2025 earnings per share (EPS) estimates for shares of Byrna Technologies in a note issued to investors on Tuesday, December 10th. B. Riley analyst J. Van. Sinderen now forecasts that the company will post earnings per share of $0.19 for the year, up from their prior forecast of $0.16. The consensus estimate for Byrna Technologies’ current full-year earnings is $0.17 per share. B. Riley also issued estimates for Byrna Technologies’ FY2026 earnings at $0.39 EPS.

BYRN has been the subject of several other reports. Roth Mkm reaffirmed a “buy” rating and set a $20.00 target price on shares of Byrna Technologies in a report on Wednesday, October 30th. Roth Capital raised Byrna Technologies to a “strong-buy” rating in a research report on Wednesday, August 28th. Three research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $17.75.

Byrna Technologies Stock Up 11.2 %

Shares of NASDAQ:BYRN opened at $24.17 on Thursday. The company has a market cap of $550.06 million, a PE ratio of 268.56 and a beta of 1.80. Byrna Technologies has a fifty-two week low of $5.11 and a fifty-two week high of $25.49. The firm has a 50-day simple moving average of $17.48 and a 200 day simple moving average of $13.71.

Byrna Technologies (NASDAQ:BYRN) last released its quarterly earnings data 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 net margin of 3.12% and a return on equity of 5.58%. The firm had revenue of $20.85 million during the quarter, compared to the consensus estimate of $20.82 million.

Insider Buying and Selling

In related news, CFO Laurilee Kearnes purchased 2,000 shares of Byrna Technologies stock in a transaction dated Thursday, October 10th. The stock was bought at an average cost of $14.04 per share, with a total value of $28,080.00. Following the purchase, the chief financial officer now owns 2,500 shares in the company, valued at approximately $35,100. The trade was a 400.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Bryan Ganz sold 5,495 shares of the stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $17.41, for a total transaction of $95,667.95. Following the completion of the transaction, the chief executive officer now owns 432,564 shares of the company’s stock, valued at $7,530,939.24. This trade represents a 1.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 10,424 shares of company stock valued at $183,104 in the last three months. 11.08% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Byrna Technologies

A number of institutional investors have recently added to or reduced their stakes in the company. nVerses Capital LLC acquired a new stake in shares of Byrna Technologies in the third quarter valued at $34,000. Quest Partners LLC bought a new stake in Byrna Technologies in the third quarter worth about $46,000. Algert Global LLC acquired a new stake in Byrna Technologies in the 2nd quarter valued at about $131,000. MetLife Investment Management LLC boosted its position in shares of Byrna Technologies by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 10,756 shares of the company’s stock valued at $183,000 after purchasing an additional 6,061 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Byrna Technologies by 17.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 20,016 shares of the company’s stock worth $200,000 after purchasing an additional 2,976 shares during the last quarter. 25.46% of the stock is currently owned by institutional investors and hedge funds.

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.