Capital Impact Advisors LLC Has $884,000 Holdings in Napco Security Technologies, Inc. (NASDAQ:NSSC)

Capital Impact Advisors LLC cut its position in Napco Security Technologies, Inc. (NASDAQ:NSSC – Get Rating) by 21.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,194 shares of the industrial products company’s stock after selling 9,666 shares during the period. Napco Security Technologies accounts for about 0.9% of Capital Impact Advisors LLC’s investment portfolio, making the stock its 17th biggest position. Capital Impact Advisors LLC owned 0.10% of Napco Security Technologies worth $884,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. boosted its position in Napco Security Technologies by 99.7% in the first quarter. BlackRock Inc. now owns 1,854,790 shares of the industrial products company’s stock valued at $38,059,000 after buying an additional 925,876 shares in the last quarter. FMR LLC raised its stake in shares of Napco Security Technologies by 0.9% in the second quarter. FMR LLC now owns 1,789,735 shares of the industrial products company’s stock worth $36,851,000 after acquiring an additional 16,627 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Napco Security Technologies by 8.4% in the third quarter. Vanguard Group Inc. now owns 1,750,534 shares of the industrial products company’s stock worth $50,905,000 after acquiring an additional 136,140 shares during the last quarter. Wasatch Advisors Inc. raised its stake in shares of Napco Security Technologies by 80.4% in the first quarter. Wasatch Advisors Inc. now owns 1,619,409 shares of the industrial products company’s stock worth $33,230,000 after acquiring an additional 721,575 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in shares of Napco Security Technologies by 1.9% in the second quarter. Thrivent Financial for Lutherans now owns 1,554,992 shares of the industrial products company’s stock worth $32,018,000 after acquiring an additional 28,906 shares during the last quarter. 84.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. StockNews.com assumed coverage on shares of Napco Security Technologies in a research note on Thursday. They issued a “hold” rating for the company. B. Riley boosted their target price on shares of Napco Security Technologies from $34.00 to $38.00 and gave the stock a “buy” rating in a research note on Wednesday, February 8th. Lake Street Capital boosted their price target on shares of Napco Security Technologies from $32.00 to $40.00 in a research note on Tuesday, February 7th. Needham & Company LLC boosted their price target on shares of Napco Security Technologies from $34.00 to $39.00 and gave the stock a “buy” rating in a research note on Monday, February 13th. Finally, William Blair began coverage on shares of Napco Security Technologies in a research note on Wednesday, March 8th. They set an “outperform” rating for the company. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Napco Security Technologies has a consensus rating of “Moderate Buy” and an average price target of $39.40.

Insider Buying and Selling at Napco Security Technologies

In other Napco Security Technologies news, EVP Kevin S. Buchel sold 87,500 shares of the company’s stock in a transaction that occurred on Monday, February 13th. The shares were sold at an average price of $31.50, for a total value of $2,756,250.00. Following the completion of the sale, the executive vice president now owns 112,329 shares of the company’s stock, valued at $3,538,363.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO Richard Soloway sold 2,012,500 shares of the company’s stock in a transaction that occurred on Monday, February 13th. The shares were sold at an average price of $31.50, for a total value of $63,393,750.00. Following the completion of the transaction, the chief executive officer now owns 3,983,510 shares in the company, valued at $125,480,565. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kevin S. Buchel sold 87,500 shares of the company’s stock in a transaction that occurred on Monday, February 13th. The shares were sold at an average price of $31.50, for a total transaction of $2,756,250.00. Following the completion of the transaction, the executive vice president now owns 112,329 shares of the company’s stock, valued at approximately $3,538,363.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 2,400,000 shares of company stock valued at $75,600,000. Corporate insiders own 21.50% of the company’s stock.

Napco Security Technologies Stock Performance

Shares of NASDAQ:NSSC opened at $34.38 on Friday. Napco Security Technologies, Inc. has a 52 week low of $15.60 and a 52 week high of $36.78. The company has a market capitalization of $1.26 billion, a PE ratio of 50.56 and a beta of 1.11. The company has a 50 day moving average price of $31.13 and a two-hundred day moving average price of $28.86.

Napco Security Technologies (NASDAQ:NSSC – Get Rating) last issued its earnings results on Monday, February 6th. The industrial products company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.14 by $0.09. Napco Security Technologies had a net margin of 15.70% and a return on equity of 21.50%. The firm had revenue of $42.31 million during the quarter, compared to the consensus estimate of $38.95 million. During the same quarter in the prior year, the firm earned $0.03 earnings per share. On average, sell-side analysts forecast that Napco Security Technologies, Inc. will post 0.85 earnings per share for the current year.

Napco Security Technologies Company Profile

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Napco Security Technologies, Inc engages in the development, manufacture, and distribution of security products. Its products include access control systems, door security products, intrusion and fire alarm systems, video surveillance products, and cellular communications services. The company was founded in 1969 and is headquartered in Amityville, NY.