BK Technologies Co. (NYSEAMERICAN:BKTI - Get Free Report) Director Charles T. Lanktree sold 549 shares of BK Technologies stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $36.31, for a total value of $19,934.19. Following the transaction, the director now directly owns 18,554 shares in the company, valued at approximately $673,695.74. The trade was a 2.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
BK Technologies Price Performance
Shares of NYSEAMERICAN BKTI opened at $37.63 on Tuesday. The stock has a market capitalization of $133.96 million, a price-to-earnings ratio of 27.47 and a beta of 1.24. BK Technologies Co. has a twelve month low of $11.06 and a twelve month high of $37.97.
Institutional Trading of BK Technologies
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC boosted its position in shares of BK Technologies by 52.5% in the 2nd quarter. Renaissance Technologies LLC now owns 141,816 shares of the company's stock valued at $1,815,000 after purchasing an additional 48,838 shares during the period. Geode Capital Management LLC lifted its stake in 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 buying an additional 10,431 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of BK Technologies by 19.4% in the second quarter. Dimensional Fund Advisors LP now owns 54,086 shares of the company's stock worth $692,000 after buying an additional 8,798 shares during the period. Finally, Bard Associates Inc. increased its position in shares of BK Technologies by 0.6% in the third quarter. Bard Associates Inc. now owns 143,448 shares of the company's stock worth $3,123,000 after acquiring an additional 871 shares in the last quarter. 55.05% of the stock is owned by institutional investors and hedge funds.
BK Technologies Company Profile
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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).
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