Breach Inlet Capital Management LLC Takes $1.39 Million Position in Bk Technologies, Inc. $BKTI

Breach Inlet Capital Management LLC purchased a new stake in Bk Technologies, Inc. (NYSEAMERICAN:BKTIFree Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 18,626 shares of the company’s stock, valued at approximately $1,389,000. Bk Technologies accounts for 0.7% of Breach Inlet Capital Management LLC’s holdings, making the stock its 12th largest position. Breach Inlet Capital Management LLC owned about 0.50% of Bk Technologies as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of BKTI. AIGH Capital Management LLC lifted its position in Bk Technologies by 113.6% in the 4th quarter. AIGH Capital Management LLC now owns 211,453 shares of the company’s stock valued at $15,772,000 after purchasing an additional 112,444 shares during the last quarter. Geode Capital Management LLC lifted its position in Bk Technologies by 107.8% in the 2nd quarter. Geode Capital Management LLC now owns 63,301 shares of the company’s stock valued at $2,984,000 after purchasing an additional 32,844 shares during the last quarter. Two Sigma Investments LP lifted its position in Bk Technologies by 175.1% in the 3rd quarter. Two Sigma Investments LP now owns 42,887 shares of the company’s stock valued at $3,623,000 after purchasing an additional 27,298 shares during the last quarter. American Century Companies Inc. lifted its position in Bk Technologies by 167.6% in the 2nd quarter. American Century Companies Inc. now owns 34,166 shares of the company’s stock valued at $1,610,000 after purchasing an additional 21,397 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new stake in Bk Technologies in the 4th quarter valued at about $1,582,000. 55.05% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CEO John M. Suzuki sold 2,777 shares of Bk Technologies stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $82.56, for a total value of $229,269.12. Following the sale, the chief executive officer directly owned 40,119 shares in the company, 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 SEC, which is available through this hyperlink. 13.50% of the stock is currently owned by corporate insiders.

Bk Technologies Stock Up 2.7%

Shares of NYSEAMERICAN:BKTI opened at $82.56 on Thursday. The company has a market cap of $308.77 million, a PE ratio of 23.13 and a beta of 0.61. The company’s 50-day moving average price is $87.47 and its 200 day moving average price is $81.83. Bk Technologies, Inc. has a fifty-two week low of $36.17 and a fifty-two week high of $104.55.

Bk Technologies (NYSEAMERICAN:BKTIGet Free Report) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.11. The firm had revenue of $21.29 million for the quarter, compared to the consensus estimate of $21.30 million. Bk Technologies had a net margin of 16.03% and a return on equity of 39.83%. Bk Technologies has set its FY 2026 guidance at 3.550-3.550 EPS.

About Bk Technologies

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Bk Technologies (NYSEAMERICAN:BKTI)

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