Ritholtz Wealth Management Purchases Shares of 14,232 BK Technologies Co. (NYSEAMERICAN:BKTI)

Ritholtz Wealth Management acquired a new position in shares of BK Technologies Co. (NYSEAMERICAN:BKTI) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 14,232 shares of the company’s stock, valued at approximately $488,000. Ritholtz Wealth Management owned about 0.40% of BK Technologies as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the company. Bard Associates Inc. grew its stake in shares of BK Technologies by 0.6% in the third quarter. Bard Associates Inc. now owns 143,448 shares of the company’s stock valued at $3,123,000 after acquiring an additional 871 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in BK Technologies by 64,342.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,511 shares of the company’s stock valued at $98,000 after purchasing an additional 4,504 shares during the period. Dimensional Fund Advisors LP grew its position 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 purchasing an additional 8,798 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of BK Technologies by 52.7% during the third quarter. Geode Capital Management LLC now owns 30,224 shares of the company’s stock worth $658,000 after purchasing an additional 10,431 shares during the period. Finally, Renaissance Technologies LLC raised its position in shares of BK Technologies by 52.5% in the second quarter. Renaissance Technologies LLC now owns 141,816 shares of the company’s stock valued at $1,815,000 after buying an additional 48,838 shares in the last quarter. Institutional investors own 55.05% of the company’s stock.

BK Technologies Stock Performance

Shares of BK Technologies stock opened at $34.79 on Tuesday. BK Technologies Co. has a 12-month low of $11.06 and a 12-month high of $38.70. The stock has a market cap of $123.85 million, a price-to-earnings ratio of 25.39 and a beta of 1.23.

Insider Buying and Selling at BK Technologies

In related news, Director Charles T. Lanktree sold 992 shares of BK Technologies stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $35.00, for a total transaction of $34,720.00. Following the sale, the director now directly owns 549 shares of the company’s stock, valued at approximately $19,215. The trade was a 64.37 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company 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).