Bk Technologies (NYSEAMERICAN:BKTI) CEO Sells $18,959.46 in Stock

Bk Technologies, Inc. (NYSEAMERICAN:BKTIGet Free Report) CEO John Suzuki sold 223 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $85.02, for a total value of $18,959.46. Following the completion of the transaction, the chief executive officer directly owned 39,896 shares of the company’s stock, valued at approximately $3,391,957.92. This trade represents a 0.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Bk Technologies Stock Down 1.4%

Shares of NYSEAMERICAN:BKTI traded down $1.22 during midday trading on Friday, reaching $83.56. The company’s stock had a trading volume of 37,781 shares, compared to its average volume of 50,108. The firm has a market cap of $312.51 million, a price-to-earnings ratio of 23.41 and a beta of 0.61. Bk Technologies, Inc. has a 1 year low of $36.17 and a 1 year high of $104.55. The business has a 50 day moving average price of $87.37 and a 200 day moving average price of $81.37.

Bk Technologies (NYSEAMERICAN:BKTIGet Free Report) last issued its earnings results on Thursday, May 14th. The company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.11. Bk Technologies had a return on equity of 39.83% and a net margin of 16.03%.The firm had revenue of $21.29 million for the quarter, compared to analysts’ expectations 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 have recently made changes to their positions in BKTI. Barclays PLC raised its position in shares of Bk Technologies by 3.5% during the 4th quarter. Barclays PLC now owns 4,445 shares of the company’s stock worth $332,000 after purchasing an additional 150 shares during the period. Deutsche Bank AG increased its position in Bk Technologies by 6.2% in the 4th quarter. Deutsche Bank AG now owns 2,708 shares of the company’s stock valued at $202,000 after acquiring an additional 157 shares during the period. Bank of New York Mellon Corp boosted its stake in Bk Technologies by 2.0% during the 1st quarter. Bank of New York Mellon Corp now owns 11,241 shares of the company’s stock valued at $839,000 after purchasing an additional 217 shares in the last quarter. Bank of America Corp DE boosted its stake in Bk Technologies by 23.8% during the 2nd quarter. Bank of America Corp DE now owns 1,323 shares of the company’s stock valued at $62,000 after purchasing an additional 254 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in Bk Technologies by 2.4% during the 4th quarter. First Trust Advisors LP now owns 11,801 shares of the company’s stock valued at $880,000 after purchasing an additional 282 shares in the last quarter. Institutional investors and hedge funds own 55.05% of the company’s stock.

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.

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