BK Technologies Co. (NYSEAMERICAN:BKTI) Director Buys $28,661.28 in Stock

BK Technologies Co. (NYSEAMERICAN:BKTI) Director Joshua Horowitz bought 1,704 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The shares were purchased at an average price of $16.82 per share, with a total value of $28,661.28. Following the transaction, the director now directly owns 86,670 shares in the company, valued at $1,457,789.40. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Joshua Horowitz also recently made the following trade(s):

• On Monday, August 19th, Joshua Horowitz purchased 3,330 shares of BK Technologies stock. The stock was purchased at an average price of $19.86 per share, for a total transaction of $66,133.80.

BK Technologies Price Performance

NYSEAMERICAN:BKTI opened at $20.90 on Thursday. The company has a market capitalization of $73.78 million, a PE ratio of -232.20 and a beta of 1.17. BK Technologies Co. has a 1 year low of $10.46 and a 1 year high of $21.80.

BK Technologies (NYSEAMERICAN:BKTI) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.47 earnings per share for the quarter. The firm had revenue of $20.25 million during the quarter. BK Technologies had a positive return on equity of 0.58% and a negative net margin of 0.38%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP increased its position in BK Technologies by 19.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 54,086 shares of the company’s stock valued at $692,000 after acquiring an additional 8,798 shares in the last quarter. Bard Associates Inc. increased its holdings in shares of BK Technologies by 9.0% in the fourth quarter. Bard Associates Inc. now owns 138,617 shares of the company’s stock valued at $1,695,000 after purchasing an additional 11,485 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in BK Technologies by 52.5% in the 2nd quarter. Renaissance Technologies LLC now owns 141,816 shares of the company’s stock worth $1,815,000 after purchasing an additional 48,838 shares during the last quarter. 55.05% of the stock is owned by institutional investors.

About BK Technologies

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).