Bk Technologies (NYSEAMERICAN:BKTI) Shares Up 0.4% - Still a Buy?

Key Points

• BK Technologies shares rose 0.4% to $73.16 in Friday trading, while volume fell 39% below the average session level. The stock remains below its 50-day and 200-day moving averages of $78.99 and $82.79, respectively.
• The company exceeded quarterly expectations, reporting EPS of $1.01 versus the $0.87 consensus estimate and revenue of $23.41 million against expectations of $22.60 million. Management issued fiscal 2026 EPS guidance of $3.55.
• Institutional investors own 55.05% of the company, while insiders own 13.50%; CEO John M. Suzuki recently sold 2,777 shares at an average price of $82.56, reducing his holdings by 6.47%.

Shares of Bk Technologies, Inc. (NYSEAMERICAN:BKTI - Get Free Report) were up 0.4% during trading on Friday . The stock traded as high as $74.00 and last traded at $73.16. Approximately 23,071 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 37,584 shares. The stock had previously closed at $72.86.

Bk Technologies Price Performance

The company's 50 day simple moving average is $78.99 and its 200 day simple moving average is $82.79. The firm has a market cap of $275.81 million, a price-to-earnings ratio of 21.52 and a beta of 0.63.

Bk Technologies (NYSEAMERICAN:BKTI - Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.14. Bk Technologies had a return on equity of 34.22% and a net margin of 15.00%.The business had revenue of $23.41 million for the quarter, compared to analysts' expectations of $22.60 million. Bk Technologies has set its FY 2026 guidance at 3.550- EPS.

Insider Activity

In other news, CEO John M. Suzuki sold 2,777 shares of the business's stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $82.56, for a total transaction of $229,269.12. Following the completion of the transaction, the chief executive officer directly owned 40,119 shares of the company's stock, valued at approximately $3,312,224.64. The trade was a 6.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 13.50% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets acquired a new stake in shares of Bk Technologies in the 2nd quarter valued at $25,000. Quarry LP acquired a new position in shares of Bk Technologies during the third quarter worth $27,000. Bank of America Corp DE increased its holdings in Bk Technologies by 3,882.6% in the fourth quarter. Bank of America Corp DE now owns 916 shares of the company's stock valued at $31,000 after buying an additional 893 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Bk Technologies in the second quarter valued at $32,000. Finally, Kestra Advisory Services LLC acquired a new stake in Bk Technologies in the fourth quarter valued at $58,000. Hedge funds and other institutional investors own 55.05% of the company's stock.

Bk Technologies Company Profile

BK Technologies Corporation is a designer and manufacturer of professional two-way radio communications equipment and systems. The company's product portfolio includes portable radios, mobile radios, repeater and dispatch consoles, antennas and related accessories. BK Technologies serves a broad range of end markets that require reliable voice and data communications, including public safety agencies, government entities, utilities, transportation, oil and gas, mining and commercial applications.

BK Technologies offers both analog and digital radio platforms, supporting industry standards such as Project 25 (P25) for mission-critical communications.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source