John Suzuki Sells 223 Shares of Bk Technologies (NYSEAMERICAN:BKTI) Stock

Bk Technologies, Inc. (NYSEAMERICAN:BKTIGet Free Report) CEO John Suzuki sold 223 shares of Bk Technologies stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $85.02, for a total transaction of $18,959.46. Following the transaction, the chief executive officer directly owned 39,896 shares in the company, valued at $3,391,957.92. The trade was a 0.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Bk Technologies Price Performance

Bk Technologies stock opened at $83.56 on Friday. The company’s 50 day simple moving average is $87.52 and its 200 day simple moving average is $81.38. Bk Technologies, Inc. has a fifty-two week low of $36.17 and a fifty-two week high of $104.55. The firm has a market capitalization of $312.51 million, a price-to-earnings ratio of 23.41 and a beta of 0.61.

Bk Technologies (NYSEAMERICAN:BKTIGet Free Report) last released its quarterly earnings data 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 Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in Bk Technologies by 80.9% during the first quarter. Bank of America Corp DE now owns 6,020 shares of the company’s stock worth $449,000 after acquiring an additional 2,692 shares in the last quarter. Lazard Asset Management LLC lifted its holdings in Bk Technologies by 90.3% during the first quarter. Lazard Asset Management LLC now owns 40,372 shares of the company’s stock worth $3,013,000 after acquiring an additional 19,157 shares in the last quarter. Aristides Capital LLC lifted its holdings in Bk Technologies by 433.4% during the first quarter. Aristides Capital LLC now owns 23,932 shares of the company’s stock worth $1,786,000 after acquiring an additional 19,445 shares in the last quarter. Sei Investments Co. lifted its holdings in Bk Technologies by 100.0% during the first quarter. Sei Investments Co. now owns 24,258 shares of the company’s stock worth $1,810,000 after acquiring an additional 12,129 shares in the last quarter. Finally, State of Wyoming lifted its holdings in Bk Technologies by 288.0% during the first quarter. State of Wyoming now owns 1,773 shares of the company’s stock worth $132,000 after acquiring an additional 1,316 shares in the last quarter. 55.05% of the stock is currently owned by institutional investors.

About Bk Technologies

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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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