Byrna Technologies (BYRN)

• Market cap: $664M
• 1 day: 3.90%
• 5 days: 19.10%
• 1 month: 52.84%
• 3 months: 73.88%
• 6 months: 188.11%
• Year to date: 415.88%
• 1 year: 339.88%
• 5 years: 34.42%
• 10 years: 34.42%
• Sector: Industrials
• Industry: Miscellaneous Electrical Machinery, Equipment & Supplies

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

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

702% more call options, than puts

Call options by funds: $5.93M | Put options by funds: $740K

129% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 14

82% more capital invested

Capital invested by funds: $90M [Q2] → $164M (+$73.8M) [Q3]

21% more funds holding

Funds holding: 86 [Q2] → 104 (+18) [Q3]

2.98% more ownership

Funds ownership: 39.67% [Q2] → 42.66% (+2.98%) [Q3]

4% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 28

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]

Research analyst outlook

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

• Low target: $20 32% downside
• Avg. target: $20 32% downside
• High target: $20 32% downside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Roth MKM Matt Koranda 57% 1-year accuracy 16 / 28 met price target

32% downside $20

Buy Reiterated

30 Oct 2024