Bard Associates Inc. Lowers Position in Bk Technologies, Inc. $BKTI

Bard Associates Inc. decreased its stake in shares of Bk Technologies, Inc. (NYSEAMERICAN:BKTIFree Report) by 20.2% in the third quarter, Holdings Channel.com reports. The fund owned 70,218 shares of the company’s stock after selling 17,818 shares during the period. Bk Technologies comprises about 1.6% of Bard Associates Inc.’s holdings, making the stock its 19th biggest position. Bard Associates Inc.’s holdings in Bk Technologies were worth $5,932,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Bk Technologies by 6.6% in the 3rd quarter. Vanguard Group Inc. now owns 180,099 shares of the company’s stock valued at $15,215,000 after acquiring an additional 11,169 shares during the last quarter. AIGH Capital Management LLC bought a new position in shares of Bk Technologies during the 3rd quarter valued at about $8,364,000. Balentine LLC purchased a new position in shares of Bk Technologies during the third quarter valued at about $7,540,000. Geode Capital Management LLC increased its holdings in shares of Bk Technologies by 107.8% in the second quarter. Geode Capital Management LLC now owns 63,301 shares of the company’s stock worth $2,984,000 after purchasing an additional 32,844 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Bk Technologies by 3.9% in the third quarter. Dimensional Fund Advisors LP now owns 59,417 shares of the company’s stock worth $5,018,000 after purchasing an additional 2,245 shares during the last quarter. 55.05% of the stock is owned by hedge funds and other institutional investors.

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Bk Technologies Trading Down 0.5%

NYSEAMERICAN:BKTI opened at $77.98 on Friday. The business’s 50-day moving average is $82.38 and its 200 day moving average is $75.76. Bk Technologies, Inc. has a 12 month low of $28.20 and a 12 month high of $89.50. The company has a market capitalization of $290.87 million, a P/E ratio of 22.73 and a beta of 0.45.

Bk Technologies (NYSEAMERICAN:BKTIGet Free Report) last released its quarterly earnings results on Thursday, March 12th. The company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.47. Bk Technologies had a return on equity of 43.85% and a net margin of 15.71%.The business had revenue of $21.51 million during the quarter, compared to analysts’ expectations of $19.50 million. Bk Technologies has set its FY 2026 guidance at 3.550-3.550 EPS.

About Bk Technologies

(Free Report)

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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Institutional Ownership by Quarter for Bk Technologies (NYSEAMERICAN:BKTI)

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