BK Technologies Co. (NYSEAMERICAN:BKTI) Director Charles T. Lanktree Sells 549 Shares

BK Technologies Co. (NYSEAMERICAN:BKTI) Director Charles T. Lanktree sold 549 shares of the company’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $36.31, for a total value of $19,934.19. Following the sale, the director now owns 18,554 shares of the company’s stock, valued at approximately $673,695.74. This trade represents a 2.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

BK Technologies Stock Down 7.8 %

BK Technologies stock opened at $31.87 on Thursday. BK Technologies Co. has a 52-week low of $11.06 and a 52-week high of $37.97. The stock has a market cap of $113.46 million, a price-to-earnings ratio of 23.26 and a beta of 1.24.

Institutional Trading of BK Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bard Associates Inc. increased its position in BK Technologies by 0.6% in the third quarter. Bard Associates Inc. now owns 143,448 shares of the company’s stock worth $3,123,000 after buying an additional 871 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of BK Technologies by 52.5% during the 2nd quarter. Renaissance Technologies LLC now owns 141,816 shares of the company’s stock valued at $1,815,000 after buying an additional 48,838 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of BK Technologies by 19.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 54,086 shares of the company’s stock valued at $692,000 after acquiring an additional 8,798 shares during the period. Finally, Geode Capital Management LLC increased its holdings in BK Technologies by 52.7% in the 3rd quarter. Geode Capital Management LLC now owns 30,224 shares of the company’s stock worth $658,000 after acquiring an additional 10,431 shares in the last quarter. 55.05% of the stock is owned by hedge funds and other institutional investors.

BK Technologies Company Profile

BK Technologies Corporation, through its subsidiary, BK Technologies, Inc, engages in design, manufacture, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios (LMR) that are hand-held (portable) or installed in vehicles (mobile).