Sei Investments Co. Purchases 12,129 Shares of Bk Technologies, Inc. $BKTI

Sei Investments Co. raised its holdings in shares of Bk Technologies, Inc. (NYSEAMERICAN:BKTIFree Report) by 100.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,258 shares of the company’s stock after purchasing an additional 12,129 shares during the period. Sei Investments Co. owned 0.65% of Bk Technologies worth $1,810,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of BKTI. Quarry LP acquired a new stake in shares of Bk Technologies during the 3rd quarter worth approximately $27,000. BNP Paribas Financial Markets bought a new position in Bk Technologies in the second quarter valued at approximately $25,000. Raymond James Financial Inc. bought a new position in Bk Technologies in the second quarter valued at approximately $32,000. Kestra Advisory Services LLC acquired a new stake in Bk Technologies during the 4th quarter worth $58,000. Finally, Bank of America Corp DE grew its holdings in Bk Technologies by 3,882.6% during the 4th quarter. Bank of America Corp DE now owns 916 shares of the company’s stock worth $31,000 after acquiring an additional 893 shares during the period. Institutional investors own 55.05% of the company’s stock.

Insider Activity

In other news, CEO John M. Suzuki sold 2,777 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $82.56, for a total value of $229,269.12. Following the completion of the sale, the chief executive officer directly owned 40,119 shares of the company’s stock, valued at $3,312,224.64. This represents a 6.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 13.50% of the company’s stock.

Bk Technologies Price Performance

BKTI stock opened at $77.72 on Monday. Bk Technologies, Inc. has a twelve month low of $38.02 and a twelve month high of $104.55. The company has a market cap of $290.67 million, a P/E ratio of 21.77 and a beta of 0.64. The business’s fifty day moving average is $81.45 and its 200-day moving average is $83.44.

Bk Technologies (NYSEAMERICAN:BKTIGet Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.11. Bk Technologies had a return on equity of 39.83% and a net margin of 16.03%.The business had revenue of $21.29 million during the quarter, compared to analysts’ expectations of $21.30 million. Bk Technologies has set its FY 2026 guidance at 3.550-3.550 EPS.

Bk Technologies Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Bk Technologies (NYSEAMERICAN:BKTI)

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