EAM Investors LLC bought a new position in BK Technologies Co. (NYSEAMERICAN:BKTI – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 25,997 shares of the company’s stock, valued at approximately $891,000. EAM Investors LLC owned approximately 0.73% of BK Technologies at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Barclays PLC acquired a new stake in shares of BK Technologies in the fourth quarter valued at approximately $60,000. IFP Advisors Inc bought a new position in BK Technologies in the 4th quarter valued at $99,000. JPMorgan Chase & Co. increased its stake in shares of BK Technologies by 64,342.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,511 shares of the company’s stock valued at $98,000 after buying an additional 4,504 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in shares of BK Technologies during the fourth quarter worth $215,000. Finally, Walleye Capital LLC acquired a new position in shares of BK Technologies during the fourth quarter valued at $218,000. 55.05% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Separately, Lake Street Capital assumed coverage on BK Technologies in a report on Friday, February 14th. They set a “buy” rating and a $40.00 price objective for the company.
BK Technologies Stock Performance
BKTI opened at $45.46 on Thursday. The stock has a market capitalization of $161.84 million, a price-to-earnings ratio of 33.18 and a beta of 1.22. BK Technologies Co. has a 1 year low of $11.67 and a 1 year high of $48.43.
BK Technologies 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) that are hand-held (portable) or installed in vehicles (mobile).
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