Bryan Ganz, formerly President, CEO and a director at Byrna Technologies Inc (NASDAQ:BYRN), disclosed a purchase of 1,500 common shares of the company on April 15, 2026. The shares were acquired over multiple transactions at prices between $6.535 and $6.61 per share, for an aggregate cost of $9,840.
The purchase was reported while the stock is trading at $6.28, and has declined roughly 71% over the last 12 months. Market-value context from InvestingPro indicates a Fair Value estimate of $8.67 for Byrna, and the platform highlights that the company carries more cash than debt on its balance sheet - one of 12 ProTips noted for subscribers.
Following the disclosed buy, Ganz’s direct ownership totals 382,673 shares. Additional indirect holdings tied to Ganz include 469,233 shares held by BSG Family Investment LLC, 288,059 shares held by Northeast Industrial Partners LLC, 3,800 shares held by Li Zhang, and 70,753 shares held by the Judith L. Ganz Trust VA 04-23-2015.
Financially, Byrna reported results for the first quarter of 2026 that fell short of expectations. The company recorded earnings per share of $0.03, versus the forecasted $0.09, representing a 66.67% negative surprise. Revenue for the quarter came in at $29.05 million, below the anticipated $30.1 million. These figures indicate the company underperformed against analyst projections for the period.
In corporate staffing news, Byrna announced the promotion of Matthew Campagni to the role of Chief Strategy Officer. Campagni, who joined the company in 2024, will lead strategic planning initiatives going forward.
The disclosed insider purchase, combined with the company’s recent operating results and the internal promotion, offers a snapshot of activity at Byrna as it navigates a challenging financial environment. The facts reported include the specific trade execution details, current trading level, third-party fair value commentary, the company’s quarterly performance relative to estimates, and the personnel change to the executive ranks.
Limitations of the public disclosures mean there is no additional detail in this filing about the strategic plans Campagni will pursue or how management intends to address the quarterly shortfalls. Similarly, the InvestingPro Fair Value and balance sheet observation are cited as provided and are not expanded upon here beyond what was reported.