Lazard Asset Management LLC Has $3.01 Million Stake in Bk Technologies, Inc. $BKTI

Lazard Asset Management LLC increased its position in shares of Bk Technologies, Inc. (NYSEAMERICAN:BKTI) by 90.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,372 shares of the company’s stock after purchasing an additional 19,157 shares during the quarter. Lazard Asset Management LLC’s holdings in Bk Technologies were worth $3,013,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. BNP Paribas Financial Markets acquired a new stake in shares of Bk Technologies in the 2nd quarter valued at $25,000. Quarry LP bought a new stake in shares of Bk Technologies during the third quarter worth $27,000. Bank of America Corp DE increased its holdings in shares of Bk Technologies by 3,882.6% during the fourth 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. Raymond James Financial Inc. acquired a new position in shares of Bk Technologies during the second quarter worth $32,000. Finally, Kestra Advisory Services LLC bought a new position in shares of Bk Technologies in the 4th quarter valued at $58,000. 55.05% of the stock is owned by institutional investors.

Bk Technologies Price Performance

Bk Technologies stock opened at $80.00 on Friday. The business has a 50 day moving average of $81.91 and a 200-day moving average of $83.71. Bk Technologies, Inc. has a 1 year low of $36.17 and a 1 year high of $104.55. The company has a market capitalization of $299.20 million, a P/E ratio of 22.41 and a beta of 0.63.

Bk Technologies (NYSEAMERICAN:BKTI) last released its earnings results on Thursday, May 14th. The company reported $0.88 earnings per share (EPS) for the quarter, beating 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.

Insider Buying and Selling at Bk Technologies

In other news, CEO John M. Suzuki sold 2,777 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $82.56, for a total value of $229,269.12. Following the completion of 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 filing with the SEC, which is available at this link. Corporate insiders own 13.50% of the company’s stock.

Bk Technologies Company 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.