Aristides Capital LLC boosted its stake in Bk Technologies, Inc. (NYSEAMERICAN:BKTI – Free Report) by 433.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 23,932 shares of the company’s stock after buying an additional 19,445 shares during the quarter. Aristides Capital LLC’s holdings in Bk Technologies were worth $1,786,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of BKTI. Quarry LP purchased a new stake in shares of Bk Technologies during the 3rd quarter worth approximately $27,000. BNP Paribas Financial Markets bought a new position in Bk Technologies during the second quarter valued at $25,000. Raymond James Financial Inc. bought a new position in Bk Technologies during the second quarter valued at $32,000. Kestra Advisory Services LLC purchased a new stake in Bk Technologies in the fourth quarter worth $58,000. Finally, Bank of America Corp DE raised its stake in shares of Bk Technologies by 3,882.6% in the fourth quarter. Bank of America Corp DE now owns 916 shares of the company’s stock valued at $31,000 after buying an additional 893 shares during the period. 55.05% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Bk Technologies news, CEO John M. Suzuki sold 2,777 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $82.56, for a total value of $229,269.12. Following the completion of the transaction, the chief executive officer directly owned 40,119 shares of the company’s stock, valued at $3,312,224.64. This trade represents a 6.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 13.50% of the stock is currently owned by insiders.
Bk Technologies Stock Up 0.2%
Bk Technologies (NYSEAMERICAN:BKTI – Get Free Report) last issued its earnings results on Thursday, May 14th. The company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.77 by $0.11. Bk Technologies had a return on equity of 39.83% and a net margin of 16.03%.The business had revenue of $21.29 million during the quarter, compared to the consensus estimate of $21.30 million. Bk Technologies has set its FY 2026 guidance at 3.550-3.550 EPS.
Bk Technologies Company Profile
BK Technologies Corporation is a designer and manufacturer of professional two-way radio communications equipment and systems. The company’s product portfolio includes portable radios, mobile radios, repeater and dispatch consoles, antennas and related accessories. BK Technologies serves a broad range of end markets that require reliable voice and data communications, including public safety agencies, government entities, utilities, transportation, oil and gas, mining and commercial applications.
BK Technologies offers both analog and digital radio platforms, supporting industry standards such as Project 25 (P25) for mission-critical communications.
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