EAM Investors LLC Buys Shares of 25,997 BK Technologies Co. (NYSEAMERICAN:BKTI)

EAM Investors LLC purchased a new stake in BK Technologies Co. (NYSEAMERICAN:BKTI - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 25,997 shares of the company's stock, valued at approximately $891,000. EAM Investors LLC owned approximately 0.73% of BK Technologies as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of BKTI. Geode Capital Management LLC raised 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 valued at $658,000 after acquiring an additional 10,431 shares during the last quarter. JPMorgan Chase & Co. grew 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 worth $98,000 after buying an additional 4,504 shares in the last quarter. Ritholtz Wealth Management purchased a new position in shares of BK Technologies in the fourth quarter worth about $488,000. IFP Advisors Inc acquired a new position in BK Technologies during the fourth quarter worth about $99,000. Finally, American Century Companies Inc. acquired a new stake in BK Technologies in the 4th quarter valued at about $306,000. Hedge funds and other institutional investors own 55.05% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Lake Street Capital upped their price target on BK Technologies from $40.00 to $51.00 and gave the company a "buy" rating in a research report on Monday.

BK Technologies Trading Up 0.8 %

Shares of BKTI stock traded up $0.35 on Tuesday, hitting $42.03. 18,848 shares of the stock traded hands, compared to its average volume of 35,281. BK Technologies Co. has a twelve month low of $11.67 and a twelve month high of $48.43. The stock has a market cap of $149.63 million, a price-to-earnings ratio of 30.68 and a beta of 1.22.

BK Technologies Profile

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).