SCHEDULE: BlackRock Reports 1.7% Stake in Byrna Technologies
Schedule 13G Filing
BlackRock, Inc. has disclosed a beneficial ownership of 383,826 shares, representing 1.7% of the outstanding common stock of Byrna Technologies Inc.
Summary
- BlackRock, Inc. has filed an amendment to its Schedule 13G, reporting its beneficial ownership of Byrna Technologies Inc. common stock.
- As of June 30, 2026, BlackRock beneficially owns 383,826 shares, which constitutes 1.7% of the total outstanding shares.
- This ownership includes sole voting power and sole dispositive power over these shares.
- The filing clarifies that this ownership is held in the ordinary course of business and not for the purpose of influencing control of the issuer.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports on institutional ownership without providing new operational or financial information about the company itself.
Positives
- BlackRock, a significant institutional investor, holds a stake in Byrna Technologies, which can be seen as a positive signal of institutional confidence.
- The ownership percentage of 1.7% indicates a notable, though not controlling, investment.
Negatives
- The filing does not contain any negative financial results or operational issues for Byrna Technologies.
Risks
- The filing does not explicitly mention any risks related to Byrna Technologies' operations or market position.
Future Outlook
The filing does not contain any forward-looking statements or guidance from Byrna Technologies. It solely reports BlackRock's ownership stake.
Management Comments
- BlackRock, Inc. certifies that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.
Industry Context
StockSavvy.ai notes that institutional ownership filings like this Schedule 13G are common for publicly traded companies and indicate the level of interest from large investment firms. BlackRock's filing suggests a passive investment approach rather than an activist one.
Stakeholder Impact
- Shareholders: The filing confirms institutional interest from a major asset manager, which may be viewed positively by some investors.
- Management: The filing reinforces that BlackRock's investment is not intended to influence control, providing clarity on the nature of the stake.
Next Steps
- BlackRock will continue to hold its shares in Byrna Technologies Inc. in the ordinary course of business.
- Any future changes in BlackRock's ownership stake would be reported in subsequent filings.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Previous Power of Attorney dated for BlackRock, Inc. |
| 2025-01-21 | Effective date of the new Power of Attorney for BlackRock, Inc. |
| 2026-06-30 | Date of event requiring filing of Schedule 13G amendment. |
| 2026-07-27 | Date of certification and signature by Spencer Fleming, Managing Director for BlackRock, Inc. |
Keywords
Byrna Technologies, BlackRock, Schedule 13G, Institutional Ownership, Common Stock, Beneficial Ownership
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