BK Technologies Co. (NYSEAMERICAN:BKTI - Get Free Report) Director Charles T. Lanktree sold 549 shares of BK Technologies stock in a transaction on Friday, December 13th. The shares were sold at an average price of $36.31, for a total transaction of $19,934.19. Following the sale, the director now directly owns 18,554 shares of the company's stock, valued at $673,695.74. This trade represents a 2.87 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
BK Technologies Stock Up 4.9 %
Shares of NYSEAMERICAN:BKTI traded up $1.77 during trading on Monday, reaching $37.63. 24,892 shares of the company traded hands, compared to its average volume of 29,001. The firm has a market capitalization of $133.96 million, a P/E ratio of 27.47 and a beta of 1.24. BK Technologies Co. has a 1-year low of $11.06 and a 1-year high of $37.97.
Institutional Investors Weigh In On BK Technologies
A number of institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its stake in shares of BK Technologies by 19.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 54,086 shares of the company's stock valued at $692,000 after purchasing an additional 8,798 shares during the last quarter. Renaissance Technologies LLC lifted its stake in shares of BK Technologies by 52.5% in the 2nd quarter. Renaissance Technologies LLC now owns 141,816 shares of the company's stock valued at $1,815,000 after purchasing an additional 48,838 shares during the last quarter. Bard Associates Inc. lifted 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 lifted 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. Institutional investors and hedge funds own 55.05% of the company's stock.
BK Technologies Company Profile
(
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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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