BK Technologies Co. (NYSEAMERICAN:BKTI) Director Charles T. Lanktree Sells 992 Shares

BK Technologies Co. (NYSEAMERICAN:BKTI) Director Charles T. Lanktree sold 992 shares of the firm’s 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 completion of the sale, the director now directly owns 549 shares in the company, valued at $19,215. This represents a 64.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

BK Technologies Stock Performance

Shares of NYSEAMERICAN:BKTI opened at $37.63 on Tuesday. The firm has a market capitalization of $133.96 million, a PE ratio of 27.47 and a beta of 1.24. BK Technologies Co. has a one year low of $11.06 and a one year high of $37.97.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its holdings in shares of BK Technologies by 52.7% in the 3rd quarter. Geode Capital Management LLC now owns 30,224 shares of the company’s stock worth $658,000 after acquiring an additional 10,431 shares during the last quarter. Dimensional Fund Advisors LP raised its position in BK Technologies by 19.4% in 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 during the period. Renaissance Technologies LLC lifted its stake in BK Technologies by 52.5% in the second quarter. Renaissance Technologies LLC now owns 141,816 shares of the company’s stock worth $1,815,000 after purchasing an additional 48,838 shares during the last quarter. Finally, Bard Associates Inc. boosted its position in BK Technologies by 0.6% during the third quarter. Bard Associates Inc. now owns 143,448 shares of the company’s stock valued at $3,123,000 after buying an additional 871 shares during the period. Institutional investors own 55.05% of the company’s stock.

BK Technologies Company 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).