Analysts Set NAPCO Security Technologies, Inc. (NASDAQ:NSSC) Target Price at $48.67

Shares of NAPCO Security Technologies, Inc. (NASDAQ:NSSC) have earned an average recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $48.6667.

A number of equities research analysts have recently issued reports on NSSC shares. Needham & Company LLC reissued a “buy” rating and set a $49.00 price objective on shares of NAPCO Security Technologies in a research report on Friday. DA Davidson reaffirmed a “buy” rating and issued a $52.00 target price on shares of NAPCO Security Technologies in a report on Tuesday, May 5th. TD Cowen reiterated a “buy” rating and set a $53.00 target price (up from $50.00) on shares of NAPCO Security Technologies in a research report on Tuesday, May 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of NAPCO Security Technologies in a research report on Friday, August 7th. Finally, Wall Street Zen lowered NAPCO Security Technologies from a “buy” rating to a “hold” rating in a report on Saturday, July 4th.

NAPCO Security Technologies Trading Up 0.8%

Shares of NSSC stock opened at $38.09 on Friday. NAPCO Security Technologies has a 12 month low of $30.40 and a 12 month high of $48.12. The stock has a market cap of $1.36 billion, a P/E ratio of 36.62 and a beta of 1.45. The company has a 50 day simple moving average of $37.55 and a two-hundred day simple moving average of $40.06.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in NSSC. IFP Advisors Inc increased its holdings in NAPCO Security Technologies by 193.3% in the 3rd quarter. IFP Advisors Inc now owns 572 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 377 shares in the last quarter. KBC Group NV bought a new stake in NAPCO Security Technologies during the 1st quarter worth approximately $26,000. Advisory Services Network LLC purchased a new position in NAPCO Security Technologies during the third quarter valued at approximately $41,000. Blue Trust Inc. purchased a new position in NAPCO Security Technologies during the first quarter valued at approximately $44,000. Finally, Kemnay Advisory Services Inc. purchased a new position in NAPCO Security Technologies during the fourth quarter valued at approximately $107,000. 85.07% of the stock is owned by hedge funds and other institutional investors.

NAPCO Security Technologies Company Profile

NAPCO Security Technologies, Inc (NASDAQ: NSSC) is a designer and manufacturer of electronic security solutions for commercial and residential applications. The company’s product portfolio spans intrusion and fire alarm control panels, alarm communicators, access control locks and readers, as well as a broad range of peripheral modules and integrated security accessories. NAPCO’s offerings are engineered to deliver scalable, networked security systems suitable for new installations and retrofit projects alike.

Key product lines include hybrid alarm control panels that support both wired and wireless peripherals, cellular and IP alarm communicators for reliable central station reporting, and the acclaimed “Alarm Lock” series of standalone and networked electronic door locks.