Geode Capital Management LLC Buys 10,431 Shares of BK Technologies Co. (NYSEAMERICAN:BKTI)

Geode Capital Management LLC lifted its holdings in shares of BK Technologies Co. (NYSEAMERICAN:BKTI) by 52.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 30,224 shares of the company’s stock after acquiring an additional 10,431 shares during the quarter. Geode Capital Management LLC owned approximately 0.85% of BK Technologies worth $658,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in BKTI. Renaissance Technologies LLC boosted its stake in shares of BK Technologies by 52.5% during the 2nd quarter. Renaissance Technologies LLC now owns 141,816 shares of the company’s stock worth $1,815,000 after acquiring an additional 48,838 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of BK Technologies by 19.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 54,086 shares of the company’s stock worth $692,000 after acquiring an additional 8,798 shares during the period. Finally, Bard Associates Inc. boosted its stake in shares of BK Technologies by 0.6% during the 3rd quarter. Bard Associates Inc. now owns 143,448 shares of the company’s stock worth $3,123,000 after acquiring an additional 871 shares during the period. 55.05% of the stock is currently owned by institutional investors.

BK Technologies Stock Down 2.0 %

NYSEAMERICAN:BKTI opened at $31.44 on Friday. The company has a market cap of $111.93 million, a P/E ratio of 22.95 and a beta of 1.24. BK Technologies Co. has a 1-year low of $11.06 and a 1-year high of $38.70.

Insider Buying and Selling at BK Technologies

In other news, Director Charles T. Lanktree sold 992 shares of the company’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $35.00, for a total transaction of $34,720.00. Following the completion of the sale, the director now directly owns 549 shares in the company, valued at approximately $19,215. This represents a 64.37 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 9.48% of the company’s stock.

BK Technologies Profile

BK Technologies Corporation, through its subsidiary, BK Technologies, Inc, engages in design, manufacture, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios (LMR) that are hand-held (portable) or installed in vehicles (mobile).