In a report released today, Jaeson Schmidt from Lake Street maintained a Buy rating on Napco Security Technologies (NSSC – Research Report), with a price target of $46.00. The company’s shares closed last Friday at $42.47.
Schmidt covers the Technology sector, focusing on stocks such as Powerfleet, Identiv, and inTEST. According to TipRanks, Schmidt has an average return of 11.3% and a 48.76% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Napco Security Technologies with a $48.00 average price target.
The company has a one-year high of $46.16 and a one-year low of $17.67. Currently, Napco Security Technologies has an average volume of 379K.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NSSC in relation to earlier this year. Most recently, in February 2024, Richard Soloway, the Pres, CEO, Chairman, Secy of NSSC bought 38,000.00 shares for a total of $426,780.00.
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Napco Security Technologies (NSSC) Company Description:
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. The company was founded in 1969 and is headquartered in Amityville, NY.
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