John Suzuki Sells 2,777 Shares of Bk Technologies (NYSEAMERICAN:BKTI) Stock

Bk Technologies, Inc. (NYSEAMERICAN:BKTIGet Free Report) CEO John 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 value of $229,269.12. Following the completion of the sale, the chief executive officer owned 40,119 shares in the company, valued at $3,312,224.64. The trade was a 6.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Bk Technologies Trading Down 1.4%

BKTI traded down $1.22 during trading on Friday, hitting $83.56. 37,781 shares of the company’s stock traded hands, compared to its average volume of 50,108. The company’s 50 day simple moving average is $87.37 and its two-hundred day simple moving average is $81.37. Bk Technologies, Inc. has a 12-month low of $36.17 and a 12-month high of $104.55. The stock has a market capitalization of $312.51 million, a price-to-earnings ratio of 23.41 and a beta of 0.61.

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

Institutional Investors Weigh In On Bk Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BNP Paribas Financial Markets purchased a new position in shares of Bk Technologies during the second quarter valued at about $25,000. Quarry LP bought a new stake in shares of Bk Technologies during the third quarter valued at approximately $27,000. AlphaQuest LLC bought a new stake in shares of Bk Technologies during the third quarter valued at approximately $28,000. Bank of America Corp DE raised its stake in Bk Technologies by 3,882.6% in the fourth quarter. Bank of America Corp DE now owns 916 shares of the company’s stock worth $31,000 after buying an additional 893 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in Bk Technologies in the second quarter worth approximately $32,000. 55.05% of the stock is 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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