First National Bank of Omaha Acquires New Shares in NAPCO Security Technologies, Inc. $NSSC

First National Bank of Omaha acquired a new position in NAPCO Security Technologies, Inc. (NASDAQ:NSSC) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 40,823 shares of the industrial products company’s stock, valued at approximately $1,550,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in NAPCO Security Technologies during the 2nd quarter valued at about $213,928,000. Deutsche Bank AG bought a new position in shares of NAPCO Security Technologies during the second quarter valued at approximately $1,414,000. Rice Hall James & Associates LLC bought a new position in shares of NAPCO Security Technologies during the second quarter valued at approximately $5,833,000. Horizon Investment Services LLC purchased a new position in NAPCO Security Technologies during the second quarter valued at approximately $222,000. Finally, Global Retirement Partners LLC purchased a new position in NAPCO Security Technologies during the second quarter valued at approximately $125,000. 85.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

NSSC has been the subject of a number of analyst reports. TD Cowen restated a “buy” rating and set a $53.00 target price (up from $50.00) on shares of NAPCO Security Technologies in a report on Tuesday, May 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of NAPCO Security Technologies in a report on Friday, August 7th. DA Davidson reissued a “buy” rating and issued a $52.00 price target on shares of NAPCO Security Technologies in a research report on Tuesday, May 5th. Finally, Wall Street Zen downgraded NAPCO Security Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $48.67.

NAPCO Security Technologies Stock Down 0.0%

NASDAQ NSSC opened at $37.80 on Thursday. NAPCO Security Technologies, Inc. has a 52 week low of $29.88 and a 52 week high of $48.12. The company has a 50 day moving average price of $37.51 and a 200 day moving average price of $40.07. The firm has a market cap of $1.35 billion, a PE ratio of 36.35 and a beta of 1.45.

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.