North Star Investment Management Corp. Invests $1.04 Million in Bk Technologies, Inc. $BKTI

North Star Investment Management Corp. acquired a new stake in Bk Technologies, Inc. (NYSEAMERICAN:BKTI) during the first quarter, Holdings Channel.com reports. The firm acquired 14,000 shares of the company’s stock, valued at approximately $1,045,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BNP Paribas Financial Markets acquired a new stake in Bk Technologies during the second quarter worth approximately $25,000. Quarry LP acquired a new position in Bk Technologies in the third quarter valued at approximately $27,000. Bank of America Corp DE lifted its stake in 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. Raymond James Financial Inc. bought a new position in shares of Bk Technologies during the 2nd quarter worth approximately $32,000. Finally, Kestra Advisory Services LLC bought a new position in shares of Bk Technologies during the 4th quarter worth approximately $58,000. Institutional investors own 55.05% of the company’s stock.

Insider Buying and Selling at Bk Technologies

In other news, CEO John M. Suzuki sold 2,777 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $82.56, for a total transaction of $229,269.12. Following the transaction, the chief executive officer owned 40,119 shares in the company, valued at approximately $3,312,224.64. This represents a 6.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 13.50% of the company’s stock.

Bk Technologies Stock Up 3.3%

Shares of BKTI stock opened at $84.99 on Tuesday. The firm has a 50 day moving average of $85.87 and a 200-day moving average of $82.76. The company has a market cap of $317.86 million, a price-to-earnings ratio of 23.81 and a beta of 0.61. Bk Technologies, Inc. has a 52 week low of $36.17 and a 52 week high of $104.55.

Bk Technologies (NYSEAMERICAN:BKTI) last released its earnings results on Thursday, May 14th. The company reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.11. The company 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.

Bk Technologies 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.