Wrap Technologies (NASDAQ:WRAP – Get Free Report) is projected to release its Q1 2026 results after the market closes on Wednesday, May 13th. Analysts expect Wrap Technologies to post earnings of ($0.1033) per share and revenue of $1.6090 million for the quarter. Investors may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Wednesday, May 13, 2026 at 4:30 PM ET.
Wrap Technologies (NASDAQ:WRAP – Get Free Report) last announced its quarterly earnings results on Thursday, March 26th. The company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.02. Wrap Technologies had a negative net margin of 198.63% and a negative return on equity of 103.50%. The company had revenue of $1.40 million for the quarter, compared to analysts’ expectations of $1.61 million.
Wrap Technologies Stock Up 2.1%
WRAP opened at $1.49 on Thursday. The stock has a market cap of $82.70 million, a P/E ratio of -7.09 and a beta of 1.41. Wrap Technologies has a 12 month low of $1.20 and a 12 month high of $3.23. The company has a fifty day simple moving average of $1.54 and a 200 day simple moving average of $2.05.
Key Stories Impacting Wrap Technologies
- Positive Sentiment: Company announced it will report Q1 2026 results and host a conference call on May 13 — provides a clear near-term catalyst and fresh company guidance/data that can re-price the stock. Earnings Release
- Neutral Sentiment: Recent Q1 reported results (Mar. 26) showed an EPS beat versus consensus (loss per share slightly better than expected) but revenue came in below estimates and margins remain deeply negative — mixed fundamentals that leave upside dependent on revenue recovery and margin improvement. MarketBeat WRAP profile
- Neutral Sentiment: Institutional activity: several small hedge funds and institutions have taken or adjusted positions recently (ownership remains concentrated; institutional ownership ~8.8%) — these flows are currently small in dollar terms but could matter given WRAP’s low float. Institutional Holdings
- Negative Sentiment: Major shareholder Elwood G. Norris has executed multiple sales (Feb. 2–10), including recent disclosed blocks of 31,991; 75,000; 35,000; 27,104; and 20,000 shares — ongoing insider selling can be perceived negatively and adds selling pressure. SEC Filing
- Negative Sentiment: Independent reporting of the insider sale activity (summary article) highlights the size and frequency of these disposals, which may amplify investor concern ahead of the earnings release. InsiderTrades article
Insider Activity at Wrap Technologies
In related news, major shareholder Elwood G. Norris sold 27,104 shares of the company’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $1.82, for a total value of $49,329.28. Following the completion of the transaction, the insider directly owned 5,113,938 shares of the company’s stock, valued at approximately $9,307,367.16. This represents a 0.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 137,104 shares of company stock worth $253,279 in the last quarter. Company insiders own 33.26% of the company’s stock.
Institutional Trading of Wrap Technologies
A number of institutional investors have recently modified their holdings of WRAP. State Street Corp grew its holdings in shares of Wrap Technologies by 16.2% during the fourth quarter. State Street Corp now owns 129,667 shares of the company’s stock worth $309,000 after buying an additional 18,100 shares in the last quarter. Jane Street Group LLC boosted its position in Wrap Technologies by 417.6% during the 4th quarter. Jane Street Group LLC now owns 120,272 shares of the company’s stock worth $286,000 after acquiring an additional 97,035 shares during the last quarter. Renaissance Technologies LLC grew its stake in shares of Wrap Technologies by 236.0% during the 4th quarter. Renaissance Technologies LLC now owns 156,900 shares of the company’s stock worth $373,000 after acquiring an additional 110,200 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Wrap Technologies by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 407,287 shares of the company’s stock valued at $970,000 after purchasing an additional 6,340 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of Wrap Technologies by 6.0% in the third quarter. Raymond James Financial Inc. now owns 646,853 shares of the company’s stock worth $1,404,000 after purchasing an additional 36,429 shares in the last quarter. 8.82% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Wrap Technologies in a report on Wednesday, April 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.
View Our Latest Analysis on WRAP
Wrap Technologies Company Profile
Wrap Technologies, Inc (NASDAQ: WRAP) is a designer and manufacturer of less-lethal restraint devices aimed at law enforcement and security professionals. Its flagship product, the BolaWrap®, is a handheld remote restraint tool that deploys a Kevlar-reinforced cord to safely immobilize individuals from a distance of up to 25 feet. The system is engineered to support de-escalation tactics and reduce reliance on physical force in high-risk encounters.
Based in Scottsdale, Arizona, Wrap Technologies oversees product development, testing and training at its headquarters.
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