BK Technologies Co. (NYSEAMERICAN:BKTI) Director Charles T. Lanktree Sells 992 Shares

BK Technologies Co. (NYSEAMERICAN:BKTI) Director Charles T. Lanktree sold 992 shares of the business’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $35.00, for a total value of $34,720.00. Following the sale, the director now owns 549 shares in the company, valued at $19,215. This represents a 64.37 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

BK Technologies Stock Performance

Shares of BK Technologies stock opened at $31.87 on Thursday. The stock has a market cap of $113.46 million, a P/E ratio of 23.26 and a beta of 1.24. BK Technologies Co. has a one year low of $11.06 and a one year high of $37.97.

Hedge Funds Weigh In On BK Technologies

Several institutional investors have recently modified their holdings of the business. Bard Associates Inc. lifted its position in BK Technologies by 0.6% during the third quarter. Bard Associates Inc. now owns 143,448 shares of the company’s stock valued at $3,123,000 after purchasing an additional 871 shares during the last quarter. Renaissance Technologies LLC lifted its holdings 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 worth $1,815,000 after acquiring an additional 48,838 shares during the last quarter. Dimensional Fund Advisors LP grew its position in BK Technologies by 19.4% in the second 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. Finally, Geode Capital Management LLC grew its position in BK Technologies by 52.7% in the third 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 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).