BK Technologies Inc (NYSEAMERICAN:BKTI) Director Global Investors Fundamental acquired 692,534 shares of the business’s stock in a transaction on Sunday, September 9th. The stock was acquired at an average price of $3.95 per share, with a total value of $2,735,509.30. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Shares of BKTI traded down $0.02 during trading hours on Friday, reaching $4.20. 7,314 shares of the company traded hands, compared to its average volume of 9,416. BK Technologies Inc has a fifty-two week low of $3.00 and a fifty-two week high of $4.31.
BK Technologies (NYSEAMERICAN:BKTI) last posted its quarterly earnings data on Wednesday, August 1st. The company reported $0.07 EPS for the quarter. The company had revenue of $13.66 million for the quarter.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 15th. Investors of record on Monday, October 1st will be paid a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date is Friday, September 28th.
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Benchmark Capital Advisors acquired a new stake in BK Technologies in the 2nd quarter worth about $5,494,000. Apollo Management Holdings L.P. acquired a new stake in BK Technologies in the 2nd quarter worth about $699,000. BlackRock Inc. acquired a new stake in BK Technologies in the 2nd quarter worth about $131,000. California Public Employees Retirement System acquired a new stake in BK Technologies in the 2nd quarter worth about $324,000. Finally, Dimensional Fund Advisors LP acquired a new stake in BK Technologies in the 2nd quarter worth about $1,215,000.
Separately, TheStreet raised BK Technologies from a “d+” rating to a “c-” rating in a report on Thursday, August 23rd.
BK Technologies Company Profile
BK Technologies, Inc designs, manufactures, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios, repeaters, base stations, and related components and subsystems under BK Technologies, BK Radio, and RELM brand names. Its BK Technologies and BK Radio branded products include land-mobile radio equipment for professional radio users primarily in government, public safety, and military applications, as well as P-25 digital products; and RELM branded products provide two-way communications for commercial and industrial concerns, such as hotels, construction firms, schools, and transportation services.
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