American Century Companies Inc. Takes $306,000 Position in BK Technologies Co. (NYSEAMERICAN:BKTI)

American Century Companies Inc. purchased a new position in BK Technologies Co. (NYSEAMERICAN:BKTI - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 8,930 shares of the company's stock, valued at approximately $306,000. American Century Companies Inc. owned 0.25% of BK Technologies at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Ritholtz Wealth Management purchased a new stake in shares of BK Technologies in the fourth quarter worth about $488,000. Geode Capital Management LLC boosted its position in 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 purchasing an additional 10,431 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of BK Technologies by 64,342.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,511 shares of the company's stock worth $98,000 after purchasing an additional 4,504 shares during the period. Finally, IFP Advisors Inc purchased a new position in shares of BK Technologies during the 4th quarter valued at approximately $99,000. 55.05% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Lake Street Capital assumed coverage on shares of BK Technologies in a report on Friday, February 14th. They issued a "buy" rating and a $40.00 price objective for the company.

BK Technologies Trading Down 5.3 %

BKTI stock traded down $2.39 during trading on Friday, hitting $43.07. The stock had a trading volume of 75,395 shares, compared to its average volume of 35,142. BK Technologies Co. has a twelve month low of $11.67 and a twelve month high of $48.43. The stock has a market cap of $153.33 million, a price-to-earnings ratio of 31.44 and a beta of 1.22.

BK Technologies 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).