CEO Conn Davis puts $77K into Byrna stock following Q2 revenue collapse
BYRN is trading near its 52-week low of $3.165 (11% above the low).
Summary
Byrna Technologies CEO Conn Davis bought $76,687 of company stock on the open market, signaling confidence after a disastrous Q2 report that sent shares tumbling.
Key Events · Ownership and Investor Activity · BYRN
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CEO Open-Market Purchase
Conn Q. Davis, CEO and Director, acquired 22,108 shares for $76,687 in two transactions on July 22-23, 2026, at prices between $3.46 and $3.51.
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Post-Q2 Confidence Signal
The purchase comes two weeks after Byrna reported a 42.5% revenue decline and a $10.1M net loss in Q2 2026, alongside a major sales restructuring and inventory write-downs.
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Insider Alignment
Davis's direct holdings now total 22,198 shares; the buy represents a personal cash commitment at a time of heightened uncertainty, reinforcing his shareholder letter outlining a strategic turnaround.
Analysis · BYRN · Manufacturing
Just two weeks after Byrna reported a 43% revenue decline and a $10.1 million net loss, CEO Conn Davis bought $76,687 worth of shares on the open market at prices between $3.46 and $3.51. The purchase is a real-money vote of confidence from the top executive during a period of severe operational turmoil, including a recent sales restructuring and inventory write-downs. While the dollar amount is modest relative to the company's $76M market cap, the timing and the CEO's role amplify the signal: it suggests management believes the stock is undervalued despite the dismal Q2 results and the ongoing strategic reset.
How filings like this one have moved
In the 30 days to Sep 12, 2026, 29.8% of the 1910 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.15%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BYRN was trading at $3.51 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $76.5M. The 52-week trading range was $3.17 to $30.62. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.