Pembroke Management LTD Takes Position in Bk Technologies, Inc. $BKTI

Pembroke Management LTD purchased a new position in Bk Technologies, Inc. (NYSEAMERICAN:BKTI) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 6,712 shares of the company’s stock, valued at approximately $567,000.

Several other hedge funds have also bought and sold shares of BKTI. Police & Firemen s Retirement System of New Jersey purchased a new stake in Bk Technologies in the second quarter worth about $25,000. BNP Paribas Financial Markets bought a new stake in shares of Bk Technologies in the 2nd quarter worth approximately $25,000. Bank of America Corp DE boosted its position in shares of Bk Technologies by 3,882.6% in the 4th quarter. Bank of America Corp DE now owns 916 shares of the company’s stock worth $31,000 after purchasing an additional 893 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Bk Technologies in the 2nd quarter worth approximately $32,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Bk Technologies in the 2nd quarter worth approximately $70,000. Institutional investors own 55.05% of the company’s stock.

Bk Technologies Trading Up 0.3%

Shares of NYSEAMERICAN:BKTI opened at $86.86 on Friday. The stock has a fifty day simple moving average of $72.74 and a two-hundred day simple moving average of $65.77. Bk Technologies, Inc. has a 12-month low of $26.20 and a 12-month high of $89.23. The stock has a market capitalization of $323.99 million, a price-to-earnings ratio of 26.24 and a beta of 0.47.

Bk Technologies (NYSEAMERICAN:BKTI) last released its earnings results on Thursday, November 6th. The company reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.31. Bk Technologies had a return on equity of 40.39% and a net margin of 15.71%.The firm had revenue of $24.41 million for the quarter, compared to analysts’ expectations of $22.10 million. Bk Technologies has set its FY 2025 guidance at 3.800-3.800 EPS.

About Bk Technologies

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.