1 week Ago By ABMN Staff
Napco Security Technologies, Inc. ( NASDAQ:NSSC – Get Free Report ) shares saw strong trading volume on Friday . 202,492 shares changed hands during trading, a decline of 53% from the previous session’s volume of 431,149 shares.
The stock last traded at $35.06 and had previously closed at $34.50.
Analyst Ratings Changes Several brokerages recently commented on NSSC. Craig Hallum reissued a “buy” rating and set a $65.00 target price (up previously from $50.
00) on shares of Napco Security Technologies in a report on Friday, May 24th. Lake Street Capital increased their price target on shares of Napco Security Technologies from $54.00 to $60.
00 and gave the company a “buy” rating in a report on Wednesday, June 12th. TD Cowen initiated coverage on shares of Napco Security Technologies in a research note on Tuesday, May 28th. They issued a “buy” rating and a $60.
00 price objective for the company. DA Davidson raised their price target on Napco Security Technologies from $53.00 to $55.
00 and gave the company a “buy” rating in a report on Tuesday, August 27th. Finally, Needham & Company LLC boosted their price target on shares of Napco Security Technologies from $52.00 to $57.
00 and gave the stock a “buy” rating in a research note on Tuesday, August 27th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.
com, Napco Security Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $55.29. Get Our Latest Stock Report on NSSC Napco Security Technologies Trading Down 0.
8 % Napco Security Technologies ( NASDAQ:NSSC – Get Free Report ) last posted its quarterly earnings results on Monday, August 26th. The industrial products company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.
35 by $0.01. Napco Security Technologies had a net margin of 26.
38% and a return on equity of 31.52%. The company had revenue of $50.
33 million during the quarter, compared to analyst estimates of $50.18 million. During the same quarter in the prior year, the business earned $0.
28 earnings per share. As a group, analysts predict that Napco Security Technologies, Inc. will post 1.
85 EPS for the current year. Napco Security Technologies Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Thursday, September 12th will be issued a $0.
125 dividend. The ex-dividend date of this dividend is Thursday, September 12th. This represents a $0.
50 annualized dividend and a dividend yield of 1.46%. This is an increase from Napco Security Technologies’s previous quarterly dividend of $0.
10. Napco Security Technologies’s payout ratio is currently 39.68%.
Insider Activity at Napco Security Technologies In other news, SVP Stephen M. Spinelli sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 18th. The stock was sold at an average price of $52.
13, for a total value of $156,390.00. Following the sale, the senior vice president now directly owns 24,928 shares of the company’s stock, valued at approximately $1,299,496.
64. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website . 11.
54% of the stock is owned by corporate insiders. Institutional Investors Weigh In On Napco Security Technologies A number of hedge funds have recently modified their holdings of NSSC. Quadrant Capital Group LLC boosted its position in shares of Napco Security Technologies by 332.
9% during the 4th quarter. Quadrant Capital Group LLC now owns 736 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 566 shares during the last quarter. Hollencrest Capital Management bought a new position in Napco Security Technologies in the first quarter worth about $27,000.
First Horizon Advisors Inc. raised its stake in shares of Napco Security Technologies by 810.3% during the 2nd quarter.
First Horizon Advisors Inc. now owns 528 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 470 shares in the last quarter. Whittier Trust Co.
purchased a new stake in shares of Napco Security Technologies during the 1st quarter valued at $28,000. Finally, Quarry LP raised its stake in Napco Security Technologies by 91.2% in the second quarter.
Quarry LP now owns 654 shares of the industrial products company’s stock valued at $34,000 after buying an additional 312 shares during the last quarter. Institutional investors own 85.07% of the company’s stock.
About Napco Security Technologies ( Get Free Report ) Napco Security Technologies, Inc develops, manufactures, and sells electronic security products in the United States and internationally. The company offers access control systems, door-locking products, intrusion and fire alarm systems, and video surveillance systems for commercial, residential, institutional, industrial, and governmental applications. See Also Receive News & Ratings for Napco Security Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Napco Security Technologies and related companies with MarketBeat.
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