AIGH Capital Management LLC Has $9.20 Million Stock Holdings in BK Technologies Co. (NYSEAMERICAN:BKTI)

AIGH Capital Management LLC decreased its holdings in BK Technologies Co. (NYSEAMERICAN:BKTI - Free Report) by 5.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 268,180 shares of the company's stock after selling 14,592 shares during the quarter. BK Technologies accounts for approximately 2.9% of AIGH Capital Management LLC's holdings, making the stock its 14th biggest holding. AIGH Capital Management LLC owned 7.53% of BK Technologies worth $9,196,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BKTI. JPMorgan Chase & Co. lifted its holdings in shares of BK Technologies by 64,342.9% during the third quarter. JPMorgan Chase & Co. now owns 4,511 shares of the company's stock valued at $98,000 after acquiring an additional 4,504 shares during the period. IFP Advisors Inc bought a new position in BK Technologies during the 4th quarter valued at about $99,000. American Century Companies Inc. acquired a new position in BK Technologies in the fourth quarter valued at about $306,000. Ritholtz Wealth Management bought a new stake in BK Technologies during the fourth quarter worth about $488,000. Finally, Geode Capital Management LLC increased its holdings in shares of BK Technologies by 52.7% during the third quarter. Geode Capital Management LLC now owns 30,224 shares of the company's stock worth $658,000 after buying an additional 10,431 shares in the last quarter. 55.05% of the stock is owned by institutional investors.

BK Technologies Stock Performance

NYSEAMERICAN:BKTI traded down $4.34 during trading hours on Thursday, hitting $39.92. 17,088 shares of the stock were exchanged, compared to its average volume of 33,498. The company has a market cap of $142.12 million, a price-to-earnings ratio of 29.14 and a beta of 1.22. BK Technologies Co. has a twelve month low of $11.67 and a twelve month high of $44.97.

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Analysts Set New Price Targets

Separately, Lake Street Capital began coverage on shares of BK Technologies in a report on Friday, February 14th. They set a "buy" rating and a $40.00 price objective on the stock.

About BK Technologies

BK Technologies Corporation, through its subsidiary, BK Technologies, Inc, engages in design, manufacture, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios (LMR) that are hand-held (portable) or installed in vehicles (mobile).