Ritholtz Wealth Management Reduces Holdings in Bk Technologies, Inc. $BKTI

Ritholtz Wealth Management lowered its stake in shares of Bk Technologies, Inc. (NYSEAMERICAN:BKTI) by 26.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,157 shares of the company’s stock after selling 8,324 shares during the quarter. Ritholtz Wealth Management owned about 0.61% of Bk Technologies worth $1,728,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of BKTI. AIGH Capital Management LLC grew its position in Bk Technologies by 113.6% during the 4th quarter. AIGH Capital Management LLC now owns 211,453 shares of the company’s stock worth $15,772,000 after purchasing an additional 112,444 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Bk Technologies by 6.6% in the third quarter. Vanguard Group Inc. now owns 180,099 shares of the company’s stock worth $15,215,000 after buying an additional 11,169 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Bk Technologies by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 72,892 shares of the company’s stock worth $5,439,000 after buying an additional 853 shares during the last quarter. State Street Corp lifted its stake in shares of Bk Technologies by 4.3% during the fourth quarter. State Street Corp now owns 63,095 shares of the company’s stock worth $4,706,000 after buying an additional 2,606 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Bk Technologies by 3.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 61,282 shares of the company’s stock worth $4,571,000 after buying an additional 1,865 shares during the period. 55.05% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Bk Technologies

In related news, CEO John M. Suzuki sold 2,777 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $82.56, for a total transaction of $229,269.12. Following the sale, the chief executive officer directly owned 40,119 shares of the company’s stock, valued at $3,312,224.64. This trade represents a 6.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 13.50% of the stock is owned by insiders.

Bk Technologies Stock Performance

Bk Technologies stock opened at $82.30 on Friday. The business’s 50-day simple moving average is $86.10 and its two-hundred day simple moving average is $82.54. The company has a market cap of $307.80 million, a PE ratio of 23.05 and a beta of 0.61. Bk Technologies, Inc. has a fifty-two week low of $36.17 and a fifty-two week high of $104.55.

Bk Technologies (NYSEAMERICAN:BKTI) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.88 earnings per share for the quarter, topping the consensus estimate 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.

About Bk Technologies

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.