Napco Security Technologies (NASDAQ:NSSC) was downgraded by equities researchers at BidaskClub from a “strong-buy” rating to a “buy” rating in a report released on Monday.

Shares of NSSC opened at $16.08 on Monday. Napco Security Technologies has a 1 year low of $7.90 and a 1 year high of $17.74. The company has a market cap of $317.82 million, a price-to-earnings ratio of 38.02 and a beta of 0.41.

Napco Security Technologies (NASDAQ:NSSC) last announced its quarterly earnings data on Monday, November 5th. The industrial products company reported $0.08 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.08. Napco Security Technologies had a net margin of 8.80% and a return on equity of 13.45%. The business had revenue of $23.38 million during the quarter.

In related news, SVP Jorge Hevia sold 7,512 shares of the firm’s stock in a transaction on Monday, November 19th. The shares were sold at an average price of $16.78, for a total value of $126,051.36. Following the completion of the transaction, the senior vice president now directly owns 172,643 shares of the company’s stock, valued at $2,896,949.54. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Kevin S. Buchel sold 4,000 shares of the firm’s stock in a transaction on Monday, November 12th. The shares were sold at an average price of $17.00, for a total transaction of $68,000.00. The disclosure for this sale can be found here. Company insiders own 38.10% of the company’s stock.

Several hedge funds have recently bought and sold shares of the stock. Russell Investments Group Ltd. purchased a new stake in Napco Security Technologies during the third quarter valued at about $131,000. Rhumbline Advisers purchased a new stake in shares of Napco Security Technologies in the second quarter worth about $149,000. Acadian Asset Management LLC boosted its position in shares of Napco Security Technologies by 92.2% in the third quarter. Acadian Asset Management LLC now owns 10,427 shares of the industrial products company’s stock worth $157,000 after buying an additional 5,003 shares during the period. Citadel Advisors LLC purchased a new stake in shares of Napco Security Technologies in the third quarter worth about $176,000. Finally, GSA Capital Partners LLP purchased a new stake in shares of Napco Security Technologies in the third quarter worth about $205,000. 33.99% of the stock is owned by hedge funds and other institutional investors.

Napco Security Technologies Company 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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