BK Technologies Co. (NYSEAMERICAN:BKTI) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its holdings in BK Technologies Co. (NYSEAMERICAN:BKTI) by 64,342.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,511 shares of the company’s stock after acquiring an additional 4,504 shares during the period. JPMorgan Chase & Co.’s holdings in BK Technologies were worth $98,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bard Associates Inc. boosted its stake in BK Technologies by 0.6% during the 3rd 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 during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of 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 buying an additional 8,798 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position 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 buying an additional 10,431 shares during the last quarter. 55.05% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at BK Technologies

In other BK Technologies news, Director Charles T. Lanktree sold 992 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $35.00, for a total value of $34,720.00. Following the completion of the transaction, the director now directly owns 549 shares in the company, valued at $19,215. This trade represents a 64.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 9.48% of the stock is owned by corporate insiders.

BK Technologies Stock Performance

BKTI stock opened at $33.46 on Monday. BK Technologies Co. has a fifty-two week low of $11.06 and a fifty-two week high of $38.70. The stock has a market capitalization of $119.12 million, a P/E ratio of 24.42 and a beta of 1.23.

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).