O Shaughnessy Asset Management LLC Takes $863,000 Position in BK Technologies Co. (NYSEAMERICAN:BKTI)

O Shaughnessy Asset Management LLC acquired a new stake in BK Technologies Co. (NYSEAMERICAN:BKTI - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,157 shares of the company's stock, valued at approximately $863,000. O Shaughnessy Asset Management LLC owned 0.71% of BK Technologies at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

Separately, Lake Street Capital assumed coverage on BK Technologies in a report on Friday, February 14th. They issued a "buy" rating and a $40.00 target price on the stock.

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BK Technologies Stock Up 6.3 %

Shares of BK Technologies stock traded up $2.35 during midday trading on Friday, hitting $39.65. The company had a trading volume of 32,865 shares, compared to its average volume of 34,313. The company has a market capitalization of $141.15 million, a P/E ratio of 28.94 and a beta of 1.22. BK Technologies Co. has a 52-week low of $11.67 and a 52-week high of $44.97.

BK Technologies Company 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).