Dimensional Fund Advisors LP Acquires 8,798 Shares of BK Technologies Co. (NYSEAMERICAN:BKTI)

Dimensional Fund Advisors LP raised its holdings in shares of BK Technologies Co. (NYSEAMERICAN:BKTI) by 19.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 54,086 shares of the company’s stock after purchasing an additional 8,798 shares during the quarter. Dimensional Fund Advisors LP’s holdings in BK Technologies were worth $692,000 as of its most recent filing with the Securities & Exchange Commission.

BK Technologies Trading Up 10.2 %

Shares of BKTI opened at $27.00 on Monday. The firm has a market capitalization of $95.58 million, a PE ratio of 35.07 and a beta of 1.22. BK Technologies Co. has a twelve month low of $11.06 and a twelve month high of $27.50.

BK Technologies (NYSEAMERICAN:BKTI) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.47 EPS for the quarter. The company had revenue of $20.25 million for the quarter. BK Technologies had a net margin of 3.64% and a return on equity of 14.70%.

Insider Buying and Selling at BK Technologies

In other news, Director Joshua Horowitz purchased 3,330 shares of the stock in a transaction dated Monday, August 19th. The shares were acquired at an average cost of $19.86 per share, for a total transaction of $66,133.80. Following the acquisition, the director now owns 90,000 shares of the company’s stock, valued at approximately $1,787,400. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 9.48% of the company’s stock.

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).