Bk Technologies (NYSEAMERICAN:BKTI) Shares Down 0.3% – Here’s Why

Bk Technologies, Inc. (NYSEAMERICAN:BKTI) dropped 0.3% during trading on Friday. The stock traded as low as $66.00 and last traded at $66.54. 59,489 shares changed hands during trading, an increase of 17% from the average session volume of 50,796 shares. The stock had previously closed at $66.73.

Bk Technologies Trading Down 0.3%

The firm has a market cap of $250.86 million, a price-to-earnings ratio of 19.57 and a beta of 0.57. The stock has a 50-day moving average of $73.05 and a two-hundred day moving average of $80.39.

Bk Technologies (NYSEAMERICAN:BKTI) last issued its quarterly earnings results on Thursday, August 13th. The company reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.14. Bk Technologies had a return on equity of 34.22% and a net margin of 15.00%. The firm had revenue of $23.41 million for the quarter, compared to analysts’ expectations of $22.60 million. Bk Technologies has set its FY 2026 guidance at 3.550- EPS.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Aristides Capital LLC boosted its holdings in shares of Bk Technologies by 433.4% during the first quarter. Aristides Capital LLC now owns 23,932 shares of the company’s stock worth $1,786,000 after purchasing an additional 19,445 shares during the period. Lazard Asset Management LLC grew its position in Bk Technologies by 90.3% during the first quarter. Lazard Asset Management LLC now owns 40,372 shares of the company’s stock valued at $3,013,000 after purchasing an additional 19,157 shares in the last quarter. North Star Investment Management Corp. purchased a new position in Bk Technologies during the first quarter valued at approximately $1,045,000. Sei Investments Co. increased its stake in Bk Technologies by 100.0% in the 1st quarter. Sei Investments Co. now owns 24,258 shares of the company’s stock valued at $1,810,000 after buying an additional 12,129 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in Bk Technologies in the 2nd quarter valued at approximately $1,012,000. 55.05% of the stock is owned by hedge funds and other institutional investors.

About Bk Technologies

BK Technologies Corporation develops, manufactures and sells wireless communications equipment for public safety, government and commercial users. Its offerings are designed for mission-critical voice communications in environments where reliable radio coverage and durable equipment are essential.

The company’s product portfolio includes land mobile radio systems, portable and mobile radios, base stations, repeaters and related accessories. Its equipment supports both conventional and Project 25 (P25) digital communications and is marketed under the BK Technologies and BK Radio names.

BK Technologies serves federal, state and local public-safety agencies, including law enforcement, fire and emergency-response organizations.