11,139 Shares in Bk Technologies, Inc. $BKTI Purchased by Sierra Summit Advisors LLC

Sierra Summit Advisors LLC purchased a new position in shares of Bk Technologies, Inc. (NYSEAMERICAN:BKTI) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,139 shares of the company’s stock, valued at approximately $941,000. Sierra Summit Advisors LLC owned 0.30% of Bk Technologies as of its most recent SEC filing.

Several other large investors also recently modified their holdings of BKTI. Vanguard Group Inc. raised its holdings in shares of Bk Technologies by 6.6% in the 3rd 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 in the last quarter. AIGH Capital Management LLC bought a new stake in Bk Technologies in the third quarter valued at $8,364,000. Balentine LLC acquired a new position in Bk Technologies during the third quarter worth $7,540,000. Geode Capital Management LLC raised its stake in Bk Technologies by 107.8% during the second quarter. Geode Capital Management LLC now owns 63,301 shares of the company’s stock worth $2,984,000 after acquiring an additional 32,844 shares in the last quarter. Finally, Ritholtz Wealth Management lifted its holdings in shares of Bk Technologies by 4.5% during the third quarter. Ritholtz Wealth Management now owns 38,003 shares of the company’s stock valued at $3,210,000 after acquiring an additional 1,627 shares during the period. 55.05% of the stock is currently owned by institutional investors.

Bk Technologies Stock Performance

Shares of NYSEAMERICAN:BKTI opened at $87.09 on Friday. The company’s fifty day moving average is $80.44 and its 200-day moving average is $74.35. Bk Technologies, Inc. has a 52 week low of $26.20 and a 52 week high of $89.50. The company has a market capitalization of $324.85 million, a PE ratio of 26.31 and a beta of 0.49.

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.