Could Napco Security Technologies Inc (NSSC) See a Reversal After Having Formed Several Months Bearish Head & Shoulders

September 17, 2017 - By Stephen Andrade

Investors sentiment decreased to 1.55 in 2016 Q4. Its down 2.12, from 3.67 in 2016Q3. It is negative, as 2 investors sold Napco Security Technologies Inc shares while 9 reduced holdings. 5 funds opened positions while 12 raised stakes. 4.01 million shares or 49.56% less from 7.95 million shares in 2016Q3 were reported.
Morgan Stanley has invested 0% in Napco Security Technologies Inc (NASDAQ:NSSC). Vanguard Grp Inc owns 364,201 shares or 0% of their US portfolio. Tfs Limited Liability Corporation holds 14,516 shares or 0.03% of its portfolio. Thompson Davis And Com Inc owns 1,000 shares. State Bank Of Mellon Corp stated it has 60,988 shares. State Street stated it has 10,800 shares. Northern Trust holds 0% in Napco Security Technologies Inc (NASDAQ:NSSC) or 33,834 shares. Wells Fargo & Com Mn invested 0% of its portfolio in Napco Security Technologies Inc (NASDAQ:NSSC). Earnest Partners Ltd Liability Corp invested in 0% or 4,800 shares. Renaissance Tech Limited Liability Co holds 239,300 shares or 0% of its portfolio. Spark Invest Management Ltd Liability Corp stated it has 24,500 shares. Granite Investment Prtn Limited Liability Corp holds 0.19% or 295,603 shares in its portfolio. 49,429 are owned by Deutsche National Bank & Trust Ag. Tower Rech Cap Limited Liability Com (Trc) accumulated 0% or 72 shares. Manufacturers Life Insur The, Ontario – Canada-based fund reported 131 shares.

Since March 17, 2017, it had 0 insider buys, and 1 insider sale for $17,909 activity. On Friday, March 17 the insider BUCHEL KEVIN S sold $141,142. $157,382 worth of Napco Security Technologies Inc (NASDAQ:NSSC) shares were sold by HEVIA JORGE. 5,200 Napco Security Technologies Inc (NASDAQ:NSSC) shares with value of $53,092 were sold by Blaustein Randy B.

The stock of Napco Security Technologies Inc (NSSC) formed H&S with $8.46 target or 6.00 % below today’s $9.00 share price. The 8 months Head & Shoulders indicates high risk for the $169.62M company. It was reported on Sep, 17 by Faxor.com. If the $8.46 price target is reached, the company will be worth $10.18M less.
Head-and-shoulders are one of the best chart patterns to trade. They work in bear and bull markets and according to many researchers have very low failure rate. Even thought they have high pullback rate, such patters usually provide good risk-reward entry opportunities. The percentage of stocks meeting price targets is 55%.

It closed at $9 lastly. It is up 53.71% since September 17, 2016 and is uptrending. It has outperformed by 37.01% the S&P500.

Napco Security Technologies Inc (NASDAQ:NSSC) Ratings Coverage

Among 2 analysts covering NAPCO Security Technologies (NASDAQ:NSSC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. NAPCO Security Technologies had 6 analyst reports since September 9, 2015 according to SRatingsIntel. Canaccord Genuity maintained Napco Security Technologies Inc (NASDAQ:NSSC) on Thursday, August 10 with “Buy” rating. The stock has “Buy” rating by Benchmark on Thursday, January 12. The firm earned “Buy” rating on Wednesday, July 19 by Canaccord Genuity. The rating was maintained by Canaccord Genuity on Wednesday, July 12 with “Buy”.

More notable recent Napco Security Technologies Inc (NASDAQ:NSSC) news were published by: Prnewswire.com which released: “NAPCO Security Technologies Announces Large Equipment Order from Pepperdine …” on May 16, 2017, also Seekingalpha.com with their article: “NAPCO Security Technologies’ (NSSC) CEO Richard Soloway on Q2 2017 Results …” published on February 06, 2017, Prnewswire.com published: “NAPCO Security Technologies to Announce Fiscal Fourth Quarter 2017 and FY 2017 …” on August 30, 2017. More interesting news about Napco Security Technologies Inc (NASDAQ:NSSC) were released by: Prnewswire.com and their article: “NAPCO Security Technologies to Present at the Microcap Conference” published on March 29, 2017 as well as Seekingalpha.com‘s news article titled: “NAPCO Security Technologies’ (NSSC) CEO Richard Soloway on Q4 2017 Results …” with publication date: September 05, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: