Byrna Technologies Inc. ranks #10 on Forbes' Small-Cap Companies List, reflecting strong growth and market positioning in personal safety solutions.
Quiver AI Summary
Byrna Technologies Inc. has been recognized as the #10 company in Forbes' America's Most Successful Small-Cap Companies List due to its strong financial performance in the personal defense technology sector, particularly in less-lethal personal security solutions. The company, which reported 35% year-over-year revenue growth in its fiscal third quarter, attributes its success to expanding product adoption and new distribution partnerships. CEO Bryan Ganz expressed pride in this recognition, emphasizing the team's innovative efforts and commitment to long-term shareholder value. Byrna aims to capitalize on growing consumer awareness and an expanding market as it continues to strengthen its leadership in the personal safety industry.
Potential Positives
- Byrna Technologies Inc. has been ranked #10 in Forbes’ America's Most Successful Small-Cap Companies List, showcasing its strong financial performance and strategic positioning.
- The company reported 35% year-over-year revenue growth in its fiscal third quarter, indicating robust demand and expansion in its market presence.
- This recognition and financial growth underscore Byrna's commitment to innovation and its ability to drive sustainable growth, which could enhance investor confidence.
- Byrna is well-positioned for future growth in the personal safety industry, with a growing total addressable market and a solid innovation pipeline.
Potential Negatives
- The press release emphasizes the company's reliance on forward-looking statements, which highlight risks and uncertainties that could significantly impact actual results, raising concerns about the stability of its future performance.
- Despite the recognition for strong financial performance, there is no concrete information about the company's profitability, which could lead to skepticism about the sustainability of its growth.
- The acknowledgment of multiple risks, including potential product defects and regulatory developments, could undermine confidence among investors and customers regarding the reliability of Byrna's products.
FAQ
What recognition did Byrna Technologies receive recently?
Byrna Technologies was named the #10 company in Forbes’ America's Most Successful Small-Cap Companies List.
What factors contributed to Byrna's ranking by Forbes?
Forbes based its rankings on earnings growth, sales growth, return on equity, and total stock return.
How did Byrna perform in its fiscal third quarter?
Byrna reported a 35% year-over-year revenue growth in its fiscal third quarter.
What products does Byrna Technologies offer?
Byrna manufactures less-lethal personal security devices like the Byrna® CL, Byrna® LE, and Byrna® SD.
Where can consumers purchase Byrna's products?
Consumers can purchase Byrna products through the Company's e-commerce store.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BYRN Insider Trading Activity
$BYRN insiders have traded $BYRN stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $BYRN stock by insiders over the last 6 months:
- BRYAN GANZ (President and CEO) sold 40,000 shares for an estimated $1,196,000
- HERBERT HUGHES sold 5,000 shares for an estimated $145,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$BYRN Hedge Fund Activity
We have seen 76 institutional investors add shares of $BYRN stock to their portfolio, and 76 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 1,065,372 shares (+45.8%) to their portfolio in Q2 2025, for an estimated $32,898,687
- INVESCO LTD. added 423,538 shares (+inf%) to their portfolio in Q2 2025, for an estimated $13,078,853
- DRIEHAUS CAPITAL MANAGEMENT LLC added 168,104 shares (+37.4%) to their portfolio in Q2 2025, for an estimated $5,191,051
- WEALTHSPIRE ADVISORS, LLC removed 160,156 shares (-35.3%) from their portfolio in Q2 2025, for an estimated $4,945,617
- MILLENNIUM MANAGEMENT LLC removed 121,464 shares (-37.2%) from their portfolio in Q2 2025, for an estimated $3,750,808
- RENAISSANCE TECHNOLOGIES LLC removed 112,500 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $3,474,000
- MAVERICK CAPITAL LTD added 111,794 shares (+inf%) to their portfolio in Q2 2025, for an estimated $3,452,198
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$BYRN Analyst Ratings
Wall Street analysts have issued reports on $BYRN in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- B. Riley Securities issued a "Buy" rating on 07/11/2025
- Roth Capital issued a "Buy" rating on 07/09/2025
To track analyst ratings and price targets for $BYRN, check out Quiver Quantitative's $BYRN forecast page.
$BYRN Price Targets
Multiple analysts have issued price targets for $BYRN recently. We have seen 2 analysts offer price targets for $BYRN in the last 6 months, with a median target of $41.5.
Here are some recent targets:
- Jeff Van Sinderen from B. Riley Securities set a target price of $46.0 on 07/11/2025
- Matt Koranda from Roth Capital set a target price of $37.0 on 07/09/2025
Full Release
ANDOVER, Mass., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced that it has been named as the #10 company in Forbes’ America's Most Successful Small-Cap Companies List .
This recognition highlights Byrna’s strong financial performance and strategic positioning within the evolving personal safety market. Forbes based its rankings on factors such as earnings growth, sales growth, return on equity, and total stock return, all areas where Byrna continues to deliver strong performance.
“We’re incredibly proud to be recognized by Forbes as one of America’s top small-cap companies,” said Byrna CEO Bryan Ganz. “This honor is a reflection of our team’s execution, focus on innovation, and the growing demand for our less-lethal personal safety solutions. As we continue to scale, we remain committed to driving sustainable growth and creating long-term value for our shareholders.”
Byrna continues to build momentum across both its e-commerce and dealer channels. The Company recently reported 35% year-over-year revenue growth in its fiscal third quarter, driven by expanding product adoption and new distribution partnerships. With growing consumer awareness, a robust innovation pipeline, and an expanding total addressable market, Byrna is well-positioned to extend its leadership in the personal safety industry into 2026 and beyond.
About Byrna Technologies Inc.
Byrna is a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions. For more information on the Company, please visit the corporate website
here
or the Company’s investor relations site
here
. The Company is the manufacturer of the Byrna
®
CL, Byrna
®
LE, and Byrna
®
SD personal security devices, state-of-the-art handheld CO2 powered launchers designed to provide a less-lethal alternative to a firearm for the consumer, private security, and law enforcement markets. To purchase Byrna products, visit the Company’s e-commerce store.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of federal securities laws. All statements other than statements of historical fact are forward-looking, including statements regarding market trends in non-lethal self-defense, anticipated adoption by schools and houses of worship, the expected impact of training, potential consumer awareness and adoption of non-lethal alternatives, and Byrna’s position in the market. Forward-looking statements are based on management’s current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially.
Important factors that could cause actual results to differ include, among others, changes in consumer preferences, the effectiveness of marketing and education efforts, competitive dynamics, regulatory developments affecting the sale or marketing of less-lethal products, supply chain constraints, third-party distribution decisions, potential product defects, litigation or regulatory actions, macroeconomic conditions, and other risks described in the Company’s filings with the Securities and Exchange Commission, including the “Risk Factors” sections of the Company’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The order of factors is not indicative of importance. Forward-looking statements speak only as of the date made and the Company undertakes no obligation to update any forward-looking statements, except as required by law.
Investor Contact:
Tom Colton and Alec Wilson
Gateway Group, Inc.
949-574-3860
[email protected]