Teton Advisors Inc. Sells 104,951 Shares of Napco Security Technologies Inc (NASDAQ:NSSC)

Teton Advisors Inc. cut its holdings in shares of Napco Security Technologies Inc (NASDAQ:NSSC) by 40.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 156,600 shares of the industrial products company’s stock after selling 104,951 shares during the quarter. Teton Advisors Inc. owned approximately 0.85% of Napco Security Technologies worth $4,648,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its position in shares of Napco Security Technologies by 0.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 969,107 shares of the industrial products company’s stock worth $15,263,000 after buying an additional 2,955 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Napco Security Technologies by 5.5% in the 4th quarter. Geode Capital Management LLC now owns 131,378 shares of the industrial products company’s stock worth $2,069,000 after purchasing an additional 6,800 shares during the last quarter. Granite Investment Partners LLC boosted its holdings in shares of Napco Security Technologies by 87.8% in the first quarter. Granite Investment Partners LLC now owns 109,277 shares of the industrial products company’s stock worth $2,266,000 after buying an additional 51,080 shares during the period. Kennedy Capital Management Inc. boosted its holdings in shares of Napco Security Technologies by 4.3% in the first quarter. Kennedy Capital Management Inc. now owns 81,872 shares of the industrial products company’s stock worth $1,698,000 after buying an additional 3,372 shares during the period. Finally, EAM Global Investors LLC acquired a new stake in shares of Napco Security Technologies during the first quarter worth approximately $1,515,000. 39.85% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ NSSC traded up $0.15 during mid-day trading on Friday, reaching $31.26. The company had a trading volume of 108,700 shares, compared to its average volume of 149,350. The business’s 50-day simple moving average is $27.74 and its 200 day simple moving average is $24.88. The firm has a market cap of $574.75 million, a price-to-earnings ratio of 51.85 and a beta of 0.64. Napco Security Technologies Inc has a one year low of $12.90 and a one year high of $34.91.



NSSC has been the topic of several recent research reports. BidaskClub raised shares of Napco Security Technologies from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, July 30th. Canaccord Genuity restated a “buy” rating and issued a $32.00 target price (up previously from $24.00) on shares of Napco Security Technologies in a research note on Tuesday, May 7th. ValuEngine downgraded shares of Napco Security Technologies from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 1st. Imperial Capital initiated coverage on Napco Security Technologies in a report on Friday, June 21st. They set an “outperform” rating and a $36.00 price objective for the company. Finally, Lake Street Capital initiated coverage on Napco Security Technologies in a report on Tuesday, June 11th. They set a “buy” rating and a $35.00 price objective for the company. One analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $29.86.

Napco Security Technologies 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.

Further Reading: Hold Rating

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

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