Bk Technologies (NYSEAMERICAN:BKTI) Trading Down 3.6% – Here’s Why

Bk Technologies, Inc. (NYSEAMERICAN:BKTI) shares traded down 3.6% on Friday . The stock traded as low as $80.00 and last traded at $80.00. 25,359 shares were traded during mid-day trading, a decline of 44% from the average session volume of 45,581 shares. The stock had previously closed at $83.00.

Bk Technologies Trading Down 3.6%

The company’s fifty day moving average price is $86.88 and its two-hundred day moving average price is $80.77. The firm has a market cap of $299.20 million, a P/E ratio of 22.41 and a beta of 0.61.

Bk Technologies (NYSEAMERICAN:BKTI) last posted its earnings results on Thursday, May 14th. The company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.11. Bk Technologies had a net margin of 16.03% and a return on equity of 39.83%. The business had revenue of $21.29 million for the quarter, compared to analyst estimates of $21.30 million. Bk Technologies has set its FY 2026 guidance at 3.550-3.550 EPS.

Institutional Investors Weigh In On Bk Technologies

A number of hedge funds have recently added to or reduced their stakes in BKTI. AIGH Capital Management LLC grew its holdings in Bk Technologies by 113.6% during the 4th quarter. AIGH Capital Management LLC now owns 211,453 shares of the company’s stock worth $15,772,000 after acquiring an additional 112,444 shares during the last quarter. Balentine LLC bought a new stake in Bk Technologies during the 3rd quarter worth about $7,540,000. Geode Capital Management LLC grew its holdings in Bk Technologies by 107.8% during the 2nd quarter. Geode Capital Management LLC now owns 63,301 shares of the company’s stock worth $2,984,000 after acquiring an additional 32,844 shares during the last quarter. Two Sigma Investments LP grew its holdings in Bk Technologies by 175.1% during the 3rd quarter. Two Sigma Investments LP now owns 42,887 shares of the company’s stock worth $3,623,000 after acquiring an additional 27,298 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in Bk Technologies by 167.6% during the 2nd quarter. American Century Companies Inc. now owns 34,166 shares of the company’s stock worth $1,610,000 after acquiring an additional 21,397 shares during the last quarter. Institutional investors own 55.05% of the company’s stock.

About Bk Technologies

BK Technologies Corporation is a designer and manufacturer of professional two-way radio communications equipment and systems. The company’s product portfolio includes portable radios, mobile radios, repeater and dispatch consoles, antennas and related accessories. BK Technologies serves a broad range of end markets that require reliable voice and data communications, including public safety agencies, government entities, utilities, transportation, oil and gas, mining and commercial applications.

BK Technologies offers both analog and digital radio platforms, supporting industry standards such as Project 25 (P25) for mission-critical communications.