Stock Traders Purchase High Volume of Call Options on Napco Security Technologies (NASDAQ:NSSC)

Napco Security Technologies, Inc. (NASDAQ:NSSC) saw some unusual options trading on Monday. Traders acquired 1,777 call options on the company. This represents an increase of approximately 5,285% compared to the typical daily volume of 33 call options.

Several institutional investors and hedge funds have recently modified their holdings of NSSC. Lakeview Capital Partners LLC bought a new stake in shares of Napco Security Technologies in the first quarter valued at $28,000. Advisor Group Holdings Inc. raised its stake in shares of Napco Security Technologies by 137.7% in the second quarter. Advisor Group Holdings Inc. now owns 1,455 shares of the industrial products company’s stock valued at $54,000 after buying an additional 843 shares during the period. Acadian Asset Management LLC purchased a new position in shares of Napco Security Technologies in the first quarter valued at $60,000. Metropolitan Life Insurance Co NY purchased a new position in shares of Napco Security Technologies in the first quarter valued at $84,000. Finally, Trexquant Investment LP purchased a new position in shares of Napco Security Technologies in the second quarter valued at $225,000. Hedge funds and other institutional investors own 67.38% of the company’s stock.

NSSC has been the topic of a number of recent research reports. Canaccord Genuity raised their target price on Napco Security Technologies from $38.00 to $48.00 and gave the company a “buy” rating in a report on Tuesday. Lake Street Capital raised their target price on Napco Security Technologies from $41.00 to $48.00 and gave the company a “buy” rating in a report on Tuesday. B. Riley lifted their price target on Napco Security Technologies from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Tuesday. Zacks Investment Research lowered Napco Security Technologies from a “hold” rating to a “sell” rating in a report on Thursday, September 9th. Finally, Needham & Company LLC lifted their price target on Napco Security Technologies from $39.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday. One research analyst has rated the stock with a sell rating and four have given a buy rating to the company. According to data from MarketBeat.com, Napco Security Technologies currently has a consensus rating of “Buy” and a consensus target price of $45.80.

Shares of Napco Security Technologies stock opened at $45.01 on Wednesday. The firm has a market capitalization of $825.98 million, a P/E ratio of 102.30 and a beta of 1.37. The business’s fifty day simple moving average is $36.28 and its 200 day simple moving average is $34.97. The company has a current ratio of 5.45, a quick ratio of 3.71 and a debt-to-equity ratio of 0.02. Napco Security Technologies has a 12 month low of $22.28 and a 12 month high of $45.32.

Napco Security Technologies (NASDAQ:NSSC) last issued its earnings results on Sunday, September 12th. The industrial products company reported $0.27 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.02. Napco Security Technologies had a return on equity of 11.92% and a net margin of 7.85%. Analysts predict that Napco Security Technologies will post 0.79 EPS for the current fiscal year.

Napco Security Technologies Company Profile

Napco Security Technologies, Inc engages in the development, manufacture, and distribution of security products. It operates though Domestic and Foreign geographical segments. Its products include access control systems, door security products, intrusion and fire alarm systems, video surveillance products, and cellular communications services.

Featured Story: Understanding Relative Strength Index

Receive News & Ratings for Napco Security Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Napco Security Technologies and related companies with MarketBeat.com's FREE daily email newsletter.