BK Technologies Inc (BKTI) Director Global Investors Fundamental Buys 692,534 Shares
BK Technologies Inc (NYSEAMERICAN:BKTI) Director Global Investors Fundamental bought 692,534 shares of the business’s stock in a transaction that occurred on Sunday, September 9th. The shares were bought at an average cost of $3.95 per share, with a total value of $2,735,509.30. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
BKTI stock opened at $4.10 on Thursday. BK Technologies Inc has a 52 week low of $3.00 and a 52 week high of $4.25.
BK Technologies (NYSEAMERICAN:BKTI) last released its quarterly earnings data on Wednesday, August 1st. The company reported $0.07 EPS for the quarter. The business had revenue of $13.66 million for the quarter.
Separately, TheStreet upgraded shares of BK Technologies from a “d+” rating to a “c-” rating in a research report on Thursday, August 23rd.
Hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in shares of BK Technologies in the 2nd quarter worth about $131,000. California Public Employees Retirement System bought a new stake in shares of BK Technologies in the 2nd quarter worth about $324,000. Apollo Management Holdings L.P. bought a new stake in shares of BK Technologies in the 2nd quarter worth about $699,000. Dimensional Fund Advisors LP bought a new stake in shares of BK Technologies in the 2nd quarter worth about $1,215,000. Finally, Renaissance Technologies LLC bought a new stake in shares of BK Technologies in the 2nd quarter worth about $2,301,000.
About BK Technologies
BK Technologies, Inc designs, manufactures, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios, repeaters, base stations, and related components and subsystems under BK Technologies, BK Radio, and RELM brand names. Its BK Technologies and BK Radio branded products include land-mobile radio equipment for professional radio users primarily in government, public safety, and military applications, as well as P-25 digital products; and RELM branded products provide two-way communications for commercial and industrial concerns, such as hotels, construction firms, schools, and transportation services.
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