<div id="readability-page-1"><p>Byrna Technologies Inc. (NASDAQ:BYRN - Get Free Report) has been assigned an average recommendation of &#34;Buy&#34; from the seven analysts that are  covering the company, MarketBeat reports. One equities research analyst  has rated the stock with a hold rating, four have issued  a buy rating and two have assigned  a strong buy rating to  the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $39.50.</p><div><p><span></span><span>Get <strong>Byrna Technologies</strong> alerts:</span></p></div><ul><li>MarketBeat Week in Review – 07/28 - 08/01</li></ul><p>A number of brokerages have recently issued reports on BYRN. LADENBURG THALM/SH SH raised Byrna Technologies to a &#34;strong-buy&#34; rating in a research note on Wednesday, October 1st. Zacks Research cut Byrna Technologies from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Monday, December 8th. Finally, Roth Capital  set a $40.00 target price on Byrna Technologies and gave the company a &#34;buy&#34; rating in a report on Friday, October 10th.</p><p><b>Check Out Our Latest Report on BYRN</b></p><h2>Byrna Technologies Stock Performance</h2><ul><li>Why Byrna Could Be the Top Defense Stock to Watch Now</li></ul><p>BYRN stock opened at $17.47 on Wednesday. The stock has a market capitalization of $397.02 million, a PE ratio of 26.08 and a beta of 2.28. The company has a fifty day moving average of $19.59 and a 200-day moving average of $22.51. Byrna Technologies has a one year low of $13.68 and a one year high of $34.78. </p><p>Byrna Technologies (NASDAQ:BYRN - Get Free Report) last posted its quarterly earnings results on Thursday, October 9th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.04. The firm had revenue of $28.18 million during the quarter, compared to analysts' expectations of $28.00 million. Byrna Technologies had a net margin of 14.43% and a return on equity of 18.13%. During the same period in the prior year, the company posted $0.04 earnings per share.  Equities analysts forecast that  Byrna Technologies will post 0.28 earnings per share for the current fiscal year. </p><h2>Institutional Inflows and Outflows</h2><ul><li>5 aerospace and defense stocks under $5</li></ul><p>Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. increased its holdings in  Byrna Technologies by 138.6% in the third quarter. SBI Securities Co. Ltd. now owns 1,157 shares of the company's stock valued at $26,000 after buying an additional 672 shares in the last quarter.  Nisa Investment Advisors LLC grew its holdings in shares of  Byrna Technologies by 580.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 939 shares of the company's stock worth $29,000 after acquiring an additional 801 shares during the period.  AlphaQuest LLC increased its stake in  Byrna Technologies by 1,772.2% in the 1st quarter. AlphaQuest LLC now owns 1,816 shares of the company's stock valued at $31,000 after purchasing an additional 1,719 shares in the last quarter.  Summit Securities Group LLC acquired a new position in  Byrna Technologies during the first quarter worth $32,000.  Finally, Byrne Asset Management LLC purchased a new stake in  Byrna Technologies during the third quarter worth $47,000. 25.46% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Byrna Technologies Company Profile</h2> (Get Free Report)<p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Byrna Technologies</li><li>How to Invest in Tech Stocks and Top Tech Stocks to Consider</li><li>Why Taiwan Semiconductor's 6.5% Dip Could Be a Smart Buy</li><li>Are Penny Stocks a Good Fit for Your Portfolio?</li><li>RTX Surges to Record Highs as Defense Orders Explode</li><li>What to Know About Investing in Penny Stocks</li><li>Smart Money Is Buying Auto Suppliers, Not Car Brands</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QllSTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QllSTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Byrna Technologies Right Now?</h2><p>Before you consider Byrna Technologies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Byrna Technologies wasn't on the list.</p><p>While Byrna Technologies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

BYRN

<p>Byrna Technologies Inc. (NASDAQ:BYRN) has received a consensus "Buy" rating from seven analysts, with a target price of $39.50. The stock opened at $17.47, with a market cap of $397.02 million. Recent earnings exceeded expectations, with $0.09 EPS. Institutional investors have increased their stakes, owning 25.46% of the stock. Byrna provides non-lethal defense technology solutions. Despite the "Buy" rating, Byrna was not among the top stocks recommended by analysts.</p>

Byrna Technologies Inc. (NASDAQ:BYRN) Receives Consensus Rating of "Buy" from Analysts