Byrna Technologies Inc. (BYRN) reported fiscal third-quarter 2026 net revenue of $15.3 million, down from $28.2 million a year earlier. The company recorded a net loss of $2.9 million, or $0.13 per basic and diluted share, for the quarter ended August 31, 2026.
Gross profit was $12.2 million and gross margin was 79%, including a one-time $2.3 million refund of previously paid tariffs. Byrna also completed its acquisition of HERO Defense Systems, LLC during the period.
- Net revenue was $15.296 million, versus $28.179 million in fiscal Q3 2025.
- Net loss was $2.911 million, compared with net income of $2.235 million a year earlier.
- Operating expenses increased 7% year over year to $15.084 million.
- Cash, cash equivalents and marketable securities totaled $9.4 million as of August 31, 2026.
- Inventory totaled $30.0 million, compared with $34.1 million a year earlier.
$BYRN Insider Trading Activity
$BYRN insiders have traded $BYRN stock on the open market 12 times in the past 6 months. Of those trades, 12 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $BYRN stock by insiders over the last 6 months:
- TJ KENNEDY purchased 29,000 shares for an estimated $102,285
- HERBERT HUGHES has made 5 purchases buying 25,681 shares for an estimated $89,468 and 0 sales.
- CONN Q. DAVIS (Chief Executive Officer) has made 2 purchases buying 22,107 shares for an estimated $76,686 and 0 sales.
- LEONARD J ELMORE purchased 10,000 shares for an estimated $46,400
- CHRIS LAVERN REED purchased 8,150 shares for an estimated $29,584
- BRYAN GANZ purchased 1,500 shares for an estimated $9,840
- LAURILEE KEARNES (Chief Financial Officer) purchased 2,000 shares for an estimated $6,830
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$BYRN Hedge Fund Activity
We have seen 51 institutional investors add shares of $BYRN stock to their portfolio, and 65 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. removed 967,071 shares (-70.5%) from their portfolio in Q2 2026, for an estimated $6,489,046
- MILLENNIUM MANAGEMENT LLC removed 749,286 shares (-69.7%) from their portfolio in Q2 2026, for an estimated $5,027,709
- EMERALD ADVISERS, LLC removed 432,626 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $2,902,920
- EMERALD MUTUAL FUND ADVISERS TRUST removed 320,151 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $2,148,213
- MONETA GROUP INVESTMENT ADVISORS LLC added 313,163 shares (+1334.0%) to their portfolio in Q2 2026, for an estimated $2,101,323
- WALLEYE CAPITAL LLC added 266,303 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,786,893
- QUINN OPPORTUNITY PARTNERS LLC added 254,405 shares (+113.5%) to their portfolio in Q2 2026, for an estimated $1,707,057
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.