Wrap TechnologiesWRAP
WRAP
About: Wrap Technologies Inc offers public safety technologies and services. The firm develops policing solutions to law enforcement and security personnel. Its BolaWRAP 150 Remote Restraint device is a patented, hand-held tool that discharges a Kevlar cord to restrain noncompliant individuals from a range of 10-25 feet. The group operates in the Americas, Europe, the Middle East, Africa and the Asia Pacific.
Employees: 69
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
1.13% less ownership
Funds ownership: 11.65% [Q2] → 10.51% (-1.13%) [Q3]
14% less funds holding
Funds holding: 59 [Q2] → 51 (-8) [Q3]
30% less capital invested
Capital invested by funds: $10.3M [Q2] → $7.25M (-$3.04M) [Q3]
50% less call options, than puts
Call options by funds: $822K | Put options by funds: $1.65M
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
60% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 15
Research analyst outlook
We haven’t received any recent analyst ratings for WRAP.
Financial journalist opinion
Based on 3 articles about WRAP published over the past 30 days
Neutral
GlobeNewsWire
3 weeks ago
UPDATE – Wrap Technologies Launches Go-Forward Strategy, Advancing End-to-End Public Safety and Defense Solutions with New Virginia Facility
WISE, Va., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) (“Wrap” or the “Company”), a global leader in public safety solutions, announced today the relocation of its manufacturing and distribution facility to Virginia, citing Virginia's strategic location and commitment to invest in public safety innovation as key factors in its decision. This move underscores Wrap's commitment to delivering comprehensive tools and training for law enforcement.
Neutral
GlobeNewsWire
4 weeks ago
NOTICE TO DISREGARD -- Wrap Technologies, Inc.
WISE, Va., Nov. 22, 2024 (GLOBE NEWSWIRE) -- We are advised by Wrap Technologies, Inc. that journalists and other readers should disregard the news release, “Wrap Technologies Unveils Go-Forward Strategy, Pioneering End-to-End Public Safety and Defense Solutions with New Virginia Facility” issued on November 22, 2024, over GlobeNewswire.
Neutral
GlobeNewsWire
4 weeks ago
Wrap Technologies Unveils Go-Forward Strategy, Pioneering End-to-End Public Safety and Defense Solutions with New Virginia Facility
Comprehensive Offering Plans to Integrate AI, VR, Body Cameras, and Drone Technology Comprehensive Offering Plans to Integrate AI, VR, Body Cameras, and Drone Technology
Neutral
GlobeNewsWire
1 month ago
22% Year-Over-Year Operating Expense Reduction Positions Wrap Technologies for Growth and Profitability in 2025
Major Advances in Financial Controls and Cost Management Pave the Way for Sustainable Operations and Market Leadership Major Advances in Financial Controls and Cost Management Pave the Way for Sustainable Operations and Market Leadership
Neutral
GlobeNewsWire
2 months ago
Wrap Technologies, Inc. Regains Nasdaq Listing Requirements Compliance
TEMPE, Ariz., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) (the “Company”), a global leader in innovative public safety solutions, announced today that it received written notice from the Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that it has regained compliance with Nasdaq Listing Rule 5250(c)(1) regarding periodic reporting.
Neutral
GlobeNewsWire
5 months ago
San Francisco Police Department to Deploy BolaWrap as a Means for De-escalation
TEMPE, Ariz., July 18, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“Wrap” or the “Company”) is pleased to announce a transformative pilot with the San Francisco Police Department (“SFPD”). A recent San Francisco Police Commission meeting revealed that 60 of the Company's BolaWrap devices will be issued to the Field Training/Force Options Unit. This initiative has great potential to address the growing number of calls related to mental health issues and support the advancement of policing tactics.
Neutral
GlobeNewsWire
6 months ago
Wrap Technologies, Inc. Issues Letter to Shareholders
TEMPE, Ariz., June 21, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) (“Wrap” or the “Company”), a global leader in de-escalation, issues a letter to shareholders from Founder and CEO, Scot Cohen.
Neutral
GlobeNewsWire
6 months ago
Wrap Technologies Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)
MIAMI, May 24, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“Wrap” or the “Company”), the makers of BolaWrap and the innovative public safety solutions platform powered by artificial intelligence (“AI”), virtual reality and data, today reports that it has received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of not having timely filed its Quarterly Report on Form 10-Q for the three months ended March 31, 2024 (the “Form 10-Q”), with the Securities and Exchange Commission (“SEC”). As previously disclosed, on April 18, 2024, the Company received a notice from Nasdaq notifying the Company that as it has not yet filed its Annual Report on Form 10-K (the “Form 10‑K”) for the year ended December 31, 2023, the Company is not in compliance with the Listing Rule.
Neutral
GlobeNewsWire
7 months ago
Wrap Technologies Announces Exciting New Distributor Agreement with Kokusai Security
MIAMI, April 26, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP), a global leader in innovative public safety technologies, is proud to announce a strategic distribution partnership with Kokusai Security Service, a leading provider of security solutions in the Asia-Pacific region. This partnership marks a significant milestone for both companies, as they join forces to bring cutting-edge public safety solutions to law enforcement agencies and security professionals across the region.
Neutral
GlobeNewsWire
8 months ago
Wrap Technologies Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)
MIAMI, April 19, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“Wrap” or the “Company”), the makers of BolaWrap and the innovative public safety solutions platform powered by artificial intelligence (“AI”), virtual reality and data, today reports that it has received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the “Form 10-K”), with the Securities and Exchange Commission (“SEC”). This notification has no immediate effect on the listing of the Company's common stock on the Nasdaq.
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