Bk Technologies (NYSEAMERICAN:BKTI) Stock Price Up 0.4% – Time to Buy?

Bk Technologies, Inc. (NYSEAMERICAN:BKTIGet Free Report)’s stock price was up 0.4% during trading on Friday . The stock traded as high as $74.00 and last traded at $73.16. 23,071 shares were traded during trading, a decline of 39% from the average daily volume of 37,584 shares. The stock had previously closed at $72.86.

Bk Technologies Price Performance

The company has a market capitalization of $275.81 million, a P/E ratio of 21.52 and a beta of 0.63. The company has a 50 day moving average of $78.99 and a 200-day moving average of $82.79.

Bk Technologies (NYSEAMERICAN:BKTIGet Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.14. The business had revenue of $23.41 million during the quarter, compared to analyst estimates of $22.60 million. Bk Technologies had a return on equity of 34.22% and a net margin of 15.00%.Bk Technologies has set its FY 2026 guidance at 3.550- EPS.

Insiders Place Their Bets

In other Bk Technologies news, CEO John M. Suzuki sold 2,777 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 13.50% of the company’s stock.

Institutional Investors Weigh In On Bk Technologies

Several hedge funds have recently made changes to their positions in BKTI. BNP Paribas Financial Markets bought a new position in Bk Technologies in the second quarter worth $25,000. Quarry LP bought a new stake in shares of Bk Technologies during the 3rd quarter valued at $27,000. Bank of America Corp DE grew its position in shares of Bk Technologies by 3,882.6% in the 4th quarter. Bank of America Corp DE now owns 916 shares of the company’s stock worth $31,000 after buying an additional 893 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Bk Technologies in the 2nd quarter worth about $32,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of Bk Technologies in the 4th quarter worth about $58,000. 55.05% of the stock is currently owned by institutional investors.

About Bk Technologies

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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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