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

BK Technologies Co. (NYSEAMERICAN:BKTI) Director Charles T. Lanktree sold 992 shares of BK Technologies stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $35.00, for a total value of $34,720.00. Following the completion of the sale, the director now directly owns 549 shares of the company’s stock, valued at approximately $19,215. This trade represents a 64.37 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

BK Technologies Trading Down 8.2 %

NYSEAMERICAN BKTI opened at $34.55 on Wednesday. The stock has a market cap of $123.00 million, a price-to-earnings ratio of 25.22 and a beta of 1.24. BK Technologies Co. has a 52 week low of $11.06 and a 52 week high of $37.97.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Bard Associates Inc. grew its position 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 purchasing an additional 871 shares in the last quarter. Renaissance Technologies LLC boosted its stake in BK Technologies by 52.5% in the 2nd 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 period. Dimensional Fund Advisors LP grew its holdings in BK Technologies by 19.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 54,086 shares of the company’s stock valued at $692,000 after buying an additional 8,798 shares in the last quarter. Finally, Geode Capital Management LLC increased its position 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 valued at $658,000 after buying an additional 10,431 shares during the period. 55.05% of the stock is owned by institutional investors.

About BK Technologies

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).