Byrna Technologies
BYRN

$14.35

4.64%

Market Cap: $327M

About: Byrna Technologies Inc is a designer, manufacturer, retailer and distributor of technological solutions for security situations that do not require the use of lethal force. The company generates its revenue from the United States, South Africa, Europe, South America, Asia and Canada.

Employees: 106

Industrials Miscellaneous Electrical Machinery, Equipment & Supplies

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

3,890% more call options, than puts

Call options by funds: $1.92M | Put options by funds: $48K

138% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 13

79% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 14

26% more funds holding

Funds holding: 68 [Q1] → 86 (+18) [Q2]

4.78% more ownership

Funds ownership: 34.5% [Q1] → 39.28% (+4.78%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

7% less capital invested

Capital invested by funds: $95.7M [Q1] → $89.1M (-$6.6M) [Q2]

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Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$14

2%

downside

Avg. target

$14

2%

downside

High target

$14

2%

downside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

Roth MKM

Matt Koranda

55% 1-year accuracy

16 / 29 met price target

2%downside

$14

Buy

Initiated

28 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 9 articles about BYRN published over the past 30 days

Zacks Investment Research

3 Stocks to Buy From the Flourishing Technology Services Market

Significant growth since the pandemic, driven by the frequent adoption of remote work and other technological advancements, should help the Zacks Technology Services industry thrive. BYRN, SPOT and CLMB are well-positioned to make the most of the exploding demand.

3 Stocks to Buy From the Flourishing Technology Services Market

Zacks Investment Research

Strength Seen in Byrna Technologies (BYRN): Can Its 38.1% Jump Turn into More Strength?

Byrna Technologies (BYRN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Strength Seen in Byrna Technologies (BYRN): Can Its 38.1% Jump Turn into More Strength?

Byrna Technologies: A Shot Worth Taking

Byrna Technologies demonstrates strong revenue growth, indicating robust market demand and effective business strategies. The investment thesis highlights Byrna's innovative product offerings and expanding market presence as key drivers of future growth. The rating justification emphasizes Byrna's solid financial performance and potential for continued expansion in the non-lethal self-defense market.

Byrna Technologies: A Shot Worth Taking

Zacks Investment Research

Byrna Technologies (BYRN) Is a Great Choice for 'Trend' Investors, Here's Why

If you are looking for stocks that are well positioned to maintain their recent uptrend, Byrna Technologies (BYRN) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Byrna Technologies (BYRN) Is a Great Choice for 'Trend' Investors, Here's Why

Byrna Technologies Announces Record Preliminary Q3 2024 Results: Revenues Increase 194% Year-Over-Year, Exceed $20 Million

Company Surpasses Previous Annual Sales Record in First Nine Months, Year-to-Date Revenues Total $57.7 Million Q3 Production Totals Over 55,000 Units ANDOVER, Mass., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a technology company, specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced select preliminary financial results for the fiscal third quarter ended August 31, 2024.

Byrna Technologies Announces Record Preliminary Q3 2024 Results: Revenues Increase 194% Year-Over-Year, Exceed $20 Million

Byrna Launchers Adopted by Uruguayan Ministry of the Interior for Enhanced Less-Lethal Law Enforcement

ANDOVER, Mass., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a technology company, specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced that the Ministry of the Interior of Uruguay has purchased 400 Byrna launchers and over 100,000 rounds of less-lethal ammunition for the Uruguayan National Police.

Byrna Launchers Adopted by Uruguayan Ministry of the Interior for Enhanced Less-Lethal Law Enforcement

Byrna Launchers Approved for Civilian and Security Use in Mexico through New Federally Endorsed Training Program

ANDOVER, Mass., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a technology company, specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced that security professionals and private citizens in Mexico can now legally carry Byrna launchers following the successful completion of a newly approved, federally certified training program.

Byrna Launchers Approved for Civilian and Security Use in Mexico through New Federally Endorsed Training Program

Zacks Investment Research

Is Byrna Technologies (BYRN) Stock Outpacing Its Business Services Peers This Year?

Here is how Byrna Technologies Inc. (BYRN) and Climb Global Solutions (CLMB) have performed compared to their sector so far this year.

Is Byrna Technologies (BYRN) Stock Outpacing Its Business Services Peers This Year?

Byrna: A Marketing Masterclass Delivers A Huge Investment Opportunity

Byrna Technologies manufactures and sells non-lethal CO2-powered guns primarily to US citizens for personal safety. After being banned from social media, BYRN implemented a new marketing strategy leading to a 76% revenue jump in Q2 2024. BYRN's flawless balance sheet, growing sales, and new products have led to a price target of $60, a 500% increase from the current price.

Byrna: A Marketing Masterclass Delivers A Huge Investment Opportunity

Byrna Technologies Announces $10 Million Stock Repurchase Program

ANDOVER, Mass., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a technology company, specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced that its Board of Directors has approved a $10 million stock repurchase program. This program authorizes the Company to repurchase up to $10 million of its common stock over a twenty-four month period.

Byrna Technologies Announces $10 Million Stock Repurchase Program

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