Sei Investments Co. increased its holdings in shares of Bk Technologies, Inc. (NYSEAMERICAN:BKTI – Free Report) by 100.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 24,258 shares of the company’s stock after buying an additional 12,129 shares during the quarter. Sei Investments Co.’s holdings in Bk Technologies were worth $1,810,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. BNP Paribas Financial Markets bought a new position in shares of Bk Technologies during the 2nd quarter valued at about $25,000. Quarry LP bought a new stake in Bk Technologies during the 3rd quarter worth approximately $27,000. Bank of America Corp DE raised its holdings in Bk Technologies by 3,882.6% during the 4th quarter. Bank of America Corp DE now owns 916 shares of the company’s stock worth $31,000 after buying an additional 893 shares during the period. Raymond James Financial Inc. acquired a new stake in Bk Technologies during the 2nd quarter worth approximately $32,000. Finally, Kestra Advisory Services LLC bought a new position in Bk Technologies in the fourth quarter valued at approximately $58,000. Institutional investors and hedge funds own 55.05% of the company’s stock.
Bk Technologies Price Performance
Bk Technologies stock opened at $77.72 on Monday. The stock has a market capitalization of $290.67 million, a PE ratio of 21.77 and a beta of 0.64. Bk Technologies, Inc. has a twelve month low of $38.02 and a twelve month high of $104.55. The company has a 50 day moving average of $81.45 and a 200-day moving average of $83.44.
Insider Transactions at Bk Technologies
In other Bk Technologies news, CEO John M. Suzuki sold 2,777 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $82.56, for a total transaction of $229,269.12. Following the completion of the transaction, the chief executive officer owned 40,119 shares in the company, valued at approximately $3,312,224.64. This represents a 6.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 13.50% of the company’s stock.
Bk Technologies 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.
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