BK Technologies (NYSEAMERICAN:BKTI) Trading Down 0.9%

Shares of BK Technologies Co. (NYSEAMERICAN:BKTI) were down 0.9% during mid-day trading on Monday . The stock traded as low as $14.30 and last traded at $14.77. Approximately 34,460 shares were traded during trading, an increase of 209% from the average daily volume of 11,169 shares. The stock had previously closed at $14.90.

BK Technologies Trading Down 0.2 %

BK Technologies (NYSEAMERICAN:BKTI) last announced its earnings results on Thursday, March 14th. The company reported $0.08 earnings per share for the quarter. BK Technologies had a negative net margin of 3.01% and a negative return on equity of 11.62%. The company had revenue of $16.31 million during the quarter.

Insiders Place Their Bets

In other BK Technologies news, major shareholder Fundamental Global Gp, Llc sold 13,906 shares of the business’s stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $12.49, for a total value of $173,685.94. Following the completion of the transaction, the insider now directly owns 256,028 shares of the company’s stock, valued at $3,197,789.72. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 25.59% of the company’s stock.

Institutional Investors Weigh In On BK Technologies

Institutional investors have recently modified their holdings of the business. Vanguard Group Inc. acquired a new stake in shares of BK Technologies during the 3rd quarter worth approximately $33,000. Virtu Financial LLC acquired a new stake in shares of BK Technologies during the 4th quarter worth approximately $59,000. UBS Group AG grew its position in shares of BK Technologies by 11,804.8% during the 3rd quarter. UBS Group AG now owns 5,000 shares of the company’s stock worth $62,000 after buying an additional 4,958 shares during the period. Morgan Dempsey Capital Management LLC acquired a new stake in shares of BK Technologies during the 4th quarter worth approximately $85,000. Finally, Northern Trust Corp acquired a new stake in shares of BK Technologies during the 4th quarter worth approximately $162,000. 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) and related components. It offers KNG Series and BKR Series radios operate in both the P25 digital and analog modes which are used primarily in government, public safety, and military applications; and BK radio products for intellectual property applications.