Bank of Montreal Can acquired a new stake in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC – Get Rating) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 99,060 shares of the industrial products company’s stock, valued at approximately $2,727,000. Bank of Montreal Can owned about 0.27% of Napco Security Technologies as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the company. Altshuler Shaham Ltd bought a new stake in shares of Napco Security Technologies during the 3rd quarter worth approximately $33,000. Great West Life Assurance Co. Can boosted its stake in shares of Napco Security Technologies by 100.0% during the first quarter. Great West Life Assurance Co. Can now owns 1,628 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 814 shares during the period. Ensign Peak Advisors Inc bought a new position in shares of Napco Security Technologies in the third quarter worth about $42,000. Ameritas Investment Partners Inc. increased its stake in Napco Security Technologies by 100.0% in the 1st quarter. Ameritas Investment Partners Inc. now owns 2,090 shares of the industrial products company’s stock worth $43,000 after buying an additional 1,045 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in Napco Security Technologies during the 2nd quarter valued at about $43,000. Institutional investors own 84.49% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts have recently commented on NSSC shares. William Blair assumed coverage on shares of Napco Security Technologies in a research report on Wednesday, March 8th. They set an “outperform” rating on the stock. Lake Street Capital lifted their target price on Napco Security Technologies from $32.00 to $40.00 in a research report on Tuesday, February 7th. StockNews.com initiated coverage on Napco Security Technologies in a research report on Thursday, March 16th. They set a “hold” rating on the stock. B. Riley lifted their price objective on Napco Security Technologies from $34.00 to $38.00 and gave the company a “buy” rating in a report on Wednesday, February 8th. Finally, Needham & Company LLC increased their target price on shares of Napco Security Technologies from $34.00 to $39.00 and gave the stock a “buy” rating in a report on Monday, February 13th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, Napco Security Technologies currently has an average rating of “Moderate Buy” and an average target price of $39.40.
Napco Security Technologies Trading Up 1.9 %
NSSC opened at $34.66 on Monday. The firm has a market cap of $1.27 billion, a price-to-earnings ratio of 50.97 and a beta of 1.16. Napco Security Technologies, Inc. has a 12 month low of $15.60 and a 12 month high of $39.22. The stock has a fifty day moving average price of $33.83 and a 200-day moving average price of $29.90.
Napco Security Technologies (NASDAQ:NSSC – Get Rating) last announced its earnings results on Monday, February 6th. The industrial products company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.09. The business had revenue of $42.31 million during the quarter, compared to the consensus estimate of $38.95 million. Napco Security Technologies had a net margin of 15.70% and a return on equity of 21.50%. During the same period in the previous year, the company posted $0.03 earnings per share. On average, equities research analysts forecast that Napco Security Technologies, Inc. will post 0.85 EPS for the current year.
Insider Buying and Selling
In other Napco Security Technologies news, EVP Kevin S. Buchel sold 12,500 shares of Napco Security Technologies stock in a transaction on Wednesday, February 15th. The shares were sold at an average price of $31.50, for a total value of $393,750.00. Following the transaction, the executive vice president now directly owns 99,829 shares of the company’s stock, valued at $3,144,613.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Napco Security Technologies news, EVP Kevin S. Buchel sold 87,500 shares of the stock in a transaction dated Monday, February 13th. The stock was sold at an average price of $31.50, for a total value of $2,756,250.00. Following the completion of the sale, the executive vice president now directly owns 112,329 shares in the company, valued at $3,538,363.50. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Kevin S. Buchel sold 12,500 shares of the firm’s stock in a transaction dated Wednesday, February 15th. The stock was sold at an average price of $31.50, for a total value of $393,750.00. Following the completion of the sale, the executive vice president now directly owns 99,829 shares of the company’s stock, valued at approximately $3,144,613.50. The disclosure for this sale can be found here. Insiders sold a total of 2,400,000 shares of company stock worth $75,600,000 in the last 90 days. 21.50% of the stock is owned by corporate insiders.
Napco Security Technologies Profile
Napco Security Technologies, Inc engages in the development, manufacture, and distribution of security products. Its products include access control systems, door security products, intrusion and fire alarm systems, video surveillance products, and cellular communications services. The company was founded in 1969 and is headquartered in Amityville, NY.
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