Rice Hall James & Associates LLC lowered its stake in shares of Napco Security Technologies Inc (NASDAQ:NSSC) by 3.5% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 78,965 shares of the industrial products company’s stock after selling 2,891 shares during the quarter. Rice Hall James & Associates LLC owned approximately 0.43% of Napco Security Technologies worth $1,638,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of NSSC. Vanguard Group Inc grew its position in Napco Security Technologies by 17.9% during the third quarter. Vanguard Group Inc now owns 584,591 shares of the industrial products company’s stock valued at $8,739,000 after buying an additional 88,649 shares during the period. Vanguard Group Inc. grew its position in Napco Security Technologies by 17.9% during the third quarter. Vanguard Group Inc. now owns 584,591 shares of the industrial products company’s stock valued at $8,739,000 after buying an additional 88,649 shares during the period. Ranger Investment Management L.P. boosted its position in Napco Security Technologies by 12.5% during the fourth quarter. Ranger Investment Management L.P. now owns 527,778 shares of the industrial products company’s stock worth $8,313,000 after purchasing an additional 58,663 shares during the period. Marshall Wace LLP bought a new position in Napco Security Technologies during the third quarter worth about $617,000. Finally, Isthmus Partners LLC boosted its position in Napco Security Technologies by 67.7% during the fourth quarter. Isthmus Partners LLC now owns 78,399 shares of the industrial products company’s stock worth $1,235,000 after purchasing an additional 31,655 shares during the period. Institutional investors own 39.18% of the company’s stock.
A number of brokerages have weighed in on NSSC. Zacks Investment Research upgraded shares of Napco Security Technologies from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research report on Wednesday, March 13th. Canaccord Genuity increased their target price on shares of Napco Security Technologies from $19.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, February 5th. Finally, BidaskClub lowered shares of Napco Security Technologies from a “hold” rating to a “sell” rating in a research report on Friday, March 29th. Five analysts have rated the stock with a buy rating, Napco Security Technologies presently has a consensus rating of “Buy” and a consensus target price of $26.10.
NASDAQ:NSSC traded down $0.62 on Wednesday, reaching $27.26. 116,985 shares of the company’s stock were exchanged, compared to its average volume of 113,651. The firm has a market capitalization of $518.92 million, a PE ratio of 66.49 and a beta of 0.74. Napco Security Technologies Inc has a 52 week low of $11.51 and a 52 week high of $29.01.
Napco Security Technologies (NASDAQ:NSSC) last issued its earnings results on Monday, May 6th. The industrial products company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.06. The firm had revenue of $25.10 million during the quarter, compared to analyst estimates of $23.54 million. Napco Security Technologies had a net margin of 11.12% and a return on equity of 17.34%. The company’s quarterly revenue was up 13.1% on a year-over-year basis. During the same quarter last year, the business earned $0.92 earnings per share. Sell-side analysts expect that Napco Security Technologies Inc will post 0.64 EPS for the current year.
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Napco Security Technologies Profile
Napco Security Technologies, Inc manufactures and sells security products and software worldwide. The company offers access control systems, door security products, intrusion and fire alarm systems, and video surveillance systems for commercial, residential, institutional, industrial, and governmental applications.
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