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

Posted by Irma Garcia on Nov 15th, 2024

Bard Associates Inc. lifted its position in shares of BK Technologies Co. (NYSEAMERICAN:BKTI – Free Report) by 0.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 143,448 shares of the company’s stock after purchasing an additional 871 shares during the period. BK Technologies comprises about 1.1% of Bard Associates Inc.’s holdings, making the stock its 27th largest position. Bard Associates Inc.’s holdings in BK Technologies were worth $3,123,000 as of its most recent SEC filing.

Separately, Dimensional Fund Advisors LP raised its stake in BK Technologies by 19.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 54,086 shares of the company’s stock worth $692,000 after acquiring an additional 8,798 shares in the last quarter. Hedge funds and other institutional investors own 55.05% of the company’s stock.

BK Technologies Trading Up 11.9 %

BKTI opened at $31.63 on Friday. BK Technologies Co. has a 52 week low of $11.06 and a 52 week high of $33.45. The company has a market cap of $111.97 million, a price-to-earnings ratio of 32.11 and a beta of 1.18.

Insider Buying and Selling at BK Technologies

In related news, Director Joshua Horowitz bought 3,330 shares of the firm’s stock in a transaction on Monday, August 19th. The shares were bought at an average cost of $19.86 per share, for a total transaction of $66,133.80. Following the transaction, the director now owns 90,000 shares of the company’s stock, valued at approximately $1,787,400. This trade represents a 3.84 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 9.48% of the company’s stock.

BK Technologies Company 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).