O Shaughnessy Asset Management LLC Increases Stock Position in Napco Security Technologies Inc (NASDAQ:NSSC)

O Shaughnessy Asset Management LLC raised its stake in shares of Napco Security Technologies Inc (NASDAQ:NSSC) by 10.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,150 shares of the industrial products company’s stock after purchasing an additional 2,517 shares during the period. O Shaughnessy Asset Management LLC owned 0.14% of Napco Security Technologies worth $542,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the business. BNP Paribas Arbitrage SA increased its holdings in Napco Security Technologies by 62,175.0% during the 1st quarter. BNP Paribas Arbitrage SA now owns 2,491 shares of the industrial products company’s stock worth $52,000 after purchasing an additional 2,487 shares during the period. Dimensional Fund Advisors LP increased its holdings in Napco Security Technologies by 0.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 969,107 shares of the industrial products company’s stock worth $15,263,000 after purchasing an additional 2,955 shares during the period. First Trust Advisors LP increased its holdings in Napco Security Technologies by 17.8% during the 4th quarter. First Trust Advisors LP now owns 20,760 shares of the industrial products company’s stock worth $327,000 after purchasing an additional 3,134 shares during the period. Bank of America Corp DE increased its holdings in Napco Security Technologies by 94.9% during the 4th quarter. Bank of America Corp DE now owns 7,422 shares of the industrial products company’s stock worth $117,000 after purchasing an additional 3,614 shares during the period. Finally, Nkcfo LLC purchased a new position in Napco Security Technologies during the 1st quarter worth $104,000. Institutional investors and hedge funds own 39.15% of the company’s stock.

Shares of NASDAQ NSSC traded up $0.59 during trading on Friday, reaching $29.68. 105,749 shares of the company traded hands, compared to its average volume of 134,931. The company has a fifty day moving average price of $28.71. The firm has a market cap of $548.34 million, a PE ratio of 72.39 and a beta of 0.62. Napco Security Technologies Inc has a 12-month low of $12.90 and a 12-month high of $34.91.

Napco Security Technologies (NASDAQ:NSSC) last released its quarterly earnings data on Monday, May 6th. The industrial products company reported $0.17 EPS for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.06. The firm had revenue of $25.10 million during the quarter, compared to analysts’ expectations of $23.54 million. Napco Security Technologies had a net margin of 11.12% and a return on equity of 17.34%. The company’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.92 earnings per share. On average, analysts forecast that Napco Security Technologies Inc will post 0.66 earnings per share for the current year.

NSSC has been the topic of several recent research reports. BidaskClub cut Napco Security Technologies from a “strong-buy” rating to a “buy” rating in a research report on Monday. Imperial Capital began coverage on Napco Security Technologies in a research report on Friday, June 21st. They issued an “outperform” rating and a $36.00 price objective for the company. Lake Street Capital began coverage on Napco Security Technologies in a research report on Tuesday, June 11th. They issued a “buy” rating and a $35.00 price objective for the company. Zacks Investment Research raised Napco Security Technologies from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a research report on Thursday, May 9th. Finally, Canaccord Genuity reissued a “buy” rating and issued a $32.00 price objective (up previously from $24.00) on shares of Napco Security Technologies in a research report on Tuesday, May 7th. Seven analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and an average price target of $29.86.

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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Institutional Ownership by Quarter for Napco Security Technologies (NASDAQ:NSSC)

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