SCHEDULE: FMR LLC Discloses 7.2% Stake in Byrna Technologies

Sentiment:

Ownership Filing (Schedule 13G)


FMR LLC, along with Abigail P. Johnson, has reported beneficial ownership of 7.2% of Byrna Technologies' common stock as of July 31, 2026.

Summary

  • FMR LLC and Abigail P. Johnson have filed a Schedule 13G, indicating their beneficial ownership of 1,627,566 shares of Byrna Technologies Inc. common stock.
  • This ownership stake represents 7.2% of the class of securities.
  • The filing is an amendment (Amendment No. 4) and the event date requiring the filing is July 31, 2026.
  • Fidelity Management & Research Company LLC and Strategic Advisers LLC are identified as entities with Item 3 classifications (IA - Investment Adviser).
  • Abigail P. Johnson is a Director, Chairman, and CEO of FMR LLC, and members of the Johnson family are predominant owners of FMR LLC.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, primarily indicating a significant but not controlling stake by a major institutional investor. The filing itself is procedural and doesn't contain operational or financial performance data, thus limiting a strong sentiment.

Positives

  • Significant institutional ownership by FMR LLC, a well-known investment management firm, can lend credibility and stability.
  • The filing confirms a substantial investment, suggesting confidence in the company's long-term prospects by sophisticated investors.

Negatives

  • The filing is purely informational regarding ownership and does not provide any operational or financial performance data, offering no insight into the company's current business health.
  • The disclosure is a routine filing for significant ownership and does not inherently signal positive or negative company performance.

Risks

  • Potential for future changes in FMR LLC's stake, which could impact share price if a large sell-off or accumulation occurs.
  • The concentration of ownership, even if not controlling, could influence corporate governance decisions.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Byrna Technologies Inc.'s future performance. It solely reports on beneficial ownership.

Management Comments

  • FMR LLC and Abigail P. Johnson may be deemed to be beneficial owners of the securities.
  • Fidelity Management & Research Company LLC and Strategic Advisers LLC are identified as investment advisers.
  • Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC.
  • Members of the Johnson family may be deemed to form a controlling group with respect to FMR LLC through their ownership and voting agreements.

Industry Context

StockSavvy.ai notes that the filing of a Schedule 13G by a major investment firm like FMR LLC is common when an entity crosses the 5% beneficial ownership threshold. This indicates significant institutional interest in Byrna Technologies, a company operating in the less-lethal weapons and personal security market.

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment
Ownership DisclosureFMR LLC and Abigail P. Johnson report beneficial ownership of 7.2% of Byrna Technologies Inc. common stock.2026-07-31Increases transparency regarding significant shareholders. May influence future corporate governance discussions if the stake is actively managed.
Voting AgreementJohnson family members and other Series B shareholders of FMR LLC have a shareholders' voting agreement.N/AConsolidates voting power within the Johnson family group concerning FMR LLC's decisions, potentially impacting broader investment strategies.

Stakeholder Impact

  • Shareholders: Increased visibility of a significant institutional investor may attract further interest or signal confidence, potentially impacting share price.
  • Management: May face increased scrutiny or engagement from FMR LLC regarding company strategy and performance.
  • FMR LLC Stakeholders: The investment reflects the management and strategy of FMR LLC and its affiliated entities.

Next Steps

  • FMR LLC and Abigail P. Johnson will continue to hold their beneficial ownership stake.
  • Future amendments to this Schedule 13G will be filed if there are material changes in ownership.

Key Dates

DateDescription
01/03/2023Effective date of Power of Attorney for FMR LLC.
01/10/2023FMR LLC filed Schedule 13G (referenced for Power of Attorney).
01/26/2023Effective date of Power of Attorney for Abigail P. Johnson.
01/31/2023FMR LLC filed Schedule 13G (referenced for Power of Attorney).
07/31/2026Date of Event Which Requires Filing of this Statement.
08/06/2026Date of Certification and Signature for the filing.

Keywords

Byrna Technologies, FMR LLC, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Investment Adviser, Abigail P. Johnson

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