Bard Associates Inc. Increases Position in BK Technologies Co. (NYSEAMERICAN:BKTI)

Posted by Lorenzo Tanos on Nov 15th, 2024

Bard Associates Inc. grew its holdings in shares of BK Technologies Co. (NYSEAMERICAN:BKTI – Free Report) by 0.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 143,448 shares of the company’s stock after buying an additional 871 shares during the quarter. BK Technologies accounts for about 1.1% of Bard Associates Inc.’s investment portfolio, making the stock its 27th biggest position. Bard Associates Inc. owned 4.05% of BK Technologies worth $3,123,000 at the end of the most recent quarter.

Separately, Dimensional Fund Advisors LP lifted its holdings in shares of BK Technologies by 19.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 54,086 shares of the company’s stock worth $692,000 after buying an additional 8,798 shares during the period. 55.05% of the stock is currently owned by institutional investors.

BK Technologies Stock Up 11.9 %

BKTI stock opened at $31.63 on Friday. BK Technologies Co. has a 1-year low of $11.06 and a 1-year high of $33.45. The stock has a market capitalization of $111.97 million, a P/E ratio of 32.11 and a beta of 1.18.

Insider Activity at BK Technologies

In other news, Director Joshua Horowitz acquired 3,330 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The shares were purchased at an average price of $19.86 per share, for a total transaction of $66,133.80. Following the acquisition, the director now owns 90,000 shares of the company’s stock, valued at $1,787,400. This represents a 3.84 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 9.48% of the stock is currently owned by insiders.

BK Technologies Profile

(Free Report)

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).