29,498 Bk Technologies, Inc. $BKTI Shares Sold by Balentine LLC

Balentine LLC cut its holdings in Bk Technologies, Inc. (NYSEAMERICAN:BKTI) by 33.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,750 shares of the company’s stock after selling 29,498 shares during the quarter. Balentine LLC’s holdings in Bk Technologies were worth $4,451,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Aristides Capital LLC lifted its position in Bk Technologies by 433.4% during the 1st quarter. Aristides Capital LLC now owns 23,932 shares of the company’s stock valued at $1,786,000 after acquiring an additional 19,445 shares during the period. Lazard Asset Management LLC boosted its stake in Bk Technologies by 90.3% during the first quarter. Lazard Asset Management LLC now owns 40,372 shares of the company’s stock worth $3,013,000 after acquiring an additional 19,157 shares in the last quarter. Sei Investments Co. boosted its stake in Bk Technologies by 100.0% during the first quarter. Sei Investments Co. now owns 24,258 shares of the company’s stock worth $1,810,000 after acquiring an additional 12,129 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in Bk Technologies during the second quarter worth about $1,012,000. Finally, Dimensional Fund Advisors LP grew its holdings in Bk Technologies by 10.9% in the first quarter. Dimensional Fund Advisors LP now owns 67,978 shares of the company’s stock worth $5,073,000 after purchasing an additional 6,696 shares during the period. 55.05% of the stock is currently owned by institutional investors.

Bk Technologies Stock Performance

Shares of BKTI opened at $66.94 on Friday. Bk Technologies, Inc. has a fifty-two week low of $60.00 and a fifty-two week high of $104.55. The firm’s 50-day simple moving average is $71.47 and its two-hundred day simple moving average is $79.96. The stock has a market cap of $252.36 million, a PE ratio of 19.69 and a beta of 0.60.

Bk Technologies (NYSEAMERICAN:BKTI) last issued its quarterly earnings results on Thursday, August 13th. The company reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.14. Bk Technologies had a return on equity of 34.22% and a net margin of 15.00%. The firm had revenue of $23.41 million for the quarter, compared to analysts’ expectations of $22.60 million. Bk Technologies has set its FY 2026 guidance at 3.550- EPS.

About Bk Technologies

BK Technologies Corporation develops, manufactures and sells wireless communications equipment for public safety, government and commercial users. Its offerings are designed for mission-critical voice communications in environments where reliable radio coverage and durable equipment are essential.

The company’s product portfolio includes land mobile radio systems, portable and mobile radios, base stations, repeaters and related accessories. Its equipment supports both conventional and Project 25 (P25) digital communications and is marketed under the BK Technologies and BK Radio names.

BK Technologies serves federal, state and local public-safety agencies, including law enforcement, fire and emergency-response organizations.