Bk Technologies (NYSEAMERICAN:BKTI) Stock Price Up 0.4% – What’s Next?

Bk Technologies, Inc. (NYSEAMERICAN:BKTIGet Free Report) rose 0.4% on Friday . The stock traded as high as $74.00 and last traded at $73.16. 23,071 shares were traded during trading, a decline of 39% from the average daily volume of 37,584 shares. The stock had previously closed at $72.86.

Bk Technologies Price Performance

The firm has a 50 day moving average of $78.99 and a two-hundred day moving average of $82.79. The stock has a market cap of $275.81 million, a PE ratio of 21.52 and a beta of 0.63.

Bk Technologies (NYSEAMERICAN:BKTIGet Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported $1.01 EPS for the quarter, beating the consensus estimate of $0.87 by $0.14. Bk Technologies had a net margin of 15.00% and a return on equity of 34.22%. The company had revenue of $23.41 million for the quarter, compared to analyst estimates of $22.60 million. Bk Technologies has set its FY 2026 guidance at 3.550- EPS.

Insider Activity at Bk Technologies

In related news, CEO John M. Suzuki sold 2,777 shares of Bk Technologies stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $82.56, for a total transaction of $229,269.12. Following the sale, the chief executive officer directly owned 40,119 shares in the company, valued at $3,312,224.64. This trade represents a 6.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 13.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Bk Technologies

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Bk Technologies by 6.6% during the third quarter. Vanguard Group Inc. now owns 180,099 shares of the company’s stock worth $15,215,000 after purchasing an additional 11,169 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Bk Technologies by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 72,892 shares of the company’s stock valued at $5,439,000 after purchasing an additional 853 shares during the period. Dimensional Fund Advisors LP grew its stake in Bk Technologies by 10.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 67,978 shares of the company’s stock worth $5,073,000 after buying an additional 6,696 shares during the last quarter. State Street Corp grew its stake in Bk Technologies by 4.3% during the 4th quarter. State Street Corp now owns 63,095 shares of the company’s stock worth $4,706,000 after buying an additional 2,606 shares during the last quarter. Finally, Two Sigma Investments LP increased its position in Bk Technologies by 175.1% during the third quarter. Two Sigma Investments LP now owns 42,887 shares of the company’s stock worth $3,623,000 after buying an additional 27,298 shares during the period. Hedge funds and other institutional investors own 55.05% of the company’s stock.

Bk Technologies Company Profile

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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.

Further Reading

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