BK Technologies Co. (NYSEAMERICAN:BKTI - Get Free Report) Director Charles T. Lanktree sold 992 shares of the business's stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $35.00, for a total value of $34,720.00. Following the completion of the transaction, the director now owns 549 shares of the company's stock, valued at $19,215. This represents a 64.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.
BK Technologies Stock Performance
Shares of BKTI traded up $1.77 on Monday, hitting $37.63. The company's stock had a trading volume of 24,892 shares, compared to its average volume of 29,001. BK Technologies Co. has a fifty-two week low of $11.06 and a fifty-two week high of $37.97. The firm has a market capitalization of $133.96 million, a PE ratio of 26.53 and a beta of 1.24.
Hedge Funds Weigh In On BK Technologies
Several institutional investors and hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC boosted its position in BK Technologies by 52.5% during the 2nd quarter. Renaissance Technologies LLC now owns 141,816 shares of the company's stock worth $1,815,000 after acquiring an additional 48,838 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in BK Technologies by 19.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 54,086 shares of the company's stock worth $692,000 after acquiring an additional 8,798 shares during the last quarter. Bard Associates Inc. boosted its position in BK Technologies by 0.6% during the 3rd quarter. Bard Associates Inc. now owns 143,448 shares of the company's stock worth $3,123,000 after acquiring an additional 871 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in BK Technologies by 52.7% during the 3rd quarter. Geode Capital Management LLC now owns 30,224 shares of the company's stock worth $658,000 after acquiring an additional 10,431 shares during the last quarter. 55.05% of the stock is currently owned by institutional investors and hedge funds.
About BK Technologies
(
Get Free Report)
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).
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