Breach Inlet Capital Management LLC Makes New Investment in Bk Technologies, Inc. $BKTI

Breach Inlet Capital Management LLC purchased a new position in shares of Bk Technologies, Inc. (NYSEAMERICAN:BKTI) during the fourth quarter, Holdings Channel.com reports. The fund purchased 18,626 shares of the company’s stock, valued at approximately $1,389,000. Bk Technologies makes up approximately 0.7% of Breach Inlet Capital Management LLC’s portfolio, making the stock its 12th largest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BKTI. Bank of America Corp DE raised its position in shares of Bk Technologies by 3,882.6% during the 4th quarter. Bank of America Corp DE now owns 916 shares of the company’s stock worth $31,000 after buying an additional 893 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of Bk Technologies during the 1st quarter worth about $225,000. Jane Street Group LLC bought a new stake in shares of Bk Technologies during the 1st quarter worth about $367,000. Geode Capital Management LLC raised its position in shares of 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 buying an additional 32,844 shares in the last quarter. Finally, American Century Companies Inc. raised its position in shares of 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 buying an additional 21,397 shares in the last quarter. 55.05% of the stock is currently owned by institutional investors.

Bk Technologies Trading Up 2.7%

BKTI stock opened at $82.56 on Thursday. Bk Technologies, Inc. has a 52 week low of $36.17 and a 52 week high of $104.55. The company has a market capitalization of $308.77 million, a price-to-earnings ratio of 23.13 and a beta of 0.61. The firm’s 50-day moving average is $87.47 and its two-hundred day moving average is $81.83.

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

Insider Activity

In other news, CEO John M. Suzuki sold 2,777 shares of Bk Technologies stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $82.56, for a total value of $229,269.12. Following the transaction, the chief executive officer owned 40,119 shares of the company’s stock, valued at $3,312,224.64. The trade was a 6.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 13.50% of the stock is owned by corporate insiders.

Bk Technologies Profile

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.