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

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

BK Technologies Stock Up 4.9 %

Shares of NYSEAMERICAN:BKTI traded up $1.77 during trading on Monday, reaching $37.63. 24,892 shares of the company traded hands, compared to its average volume of 29,001. The firm has a market capitalization of $133.96 million, a P/E ratio of 27.47 and a beta of 1.24. BK Technologies Co. has a 1-year low of $11.06 and a 1-year high of $37.97.

Institutional Investors Weigh In On BK Technologies

A number of institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its stake 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 valued at $692,000 after purchasing an additional 8,798 shares during the last quarter. Renaissance Technologies LLC lifted its stake in shares of BK Technologies by 52.5% in the 2nd quarter. Renaissance Technologies LLC now owns 141,816 shares of the company’s stock valued at $1,815,000 after purchasing an additional 48,838 shares during the last quarter. Bard Associates Inc. lifted its position in BK Technologies by 0.6% during the 3rd quarter. Bard Associates Inc. now owns 143,448 shares of the company’s stock worth $3,123,000 after acquiring an additional 871 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in BK Technologies by 52.7% during 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 during the last quarter. Institutional investors and hedge funds own 55.05% of the company’s stock.

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).