CenterBook Partners LP Invests $1.06 Million in Bk Technologies, Inc. $BKTI

CenterBook Partners LP bought a new stake in shares of Bk Technologies, Inc. (NYSEAMERICAN:BKTI) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 12,574 shares of the company’s stock, valued at approximately $1,062,000. CenterBook Partners LP owned 0.34% of Bk Technologies as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BKTI. AlphaQuest LLC acquired a new position in shares of Bk Technologies during the third quarter worth approximately $28,000. Police & Firemen s Retirement System of New Jersey bought a new position in Bk Technologies during the second quarter worth $25,000. BNP Paribas Financial Markets bought a new stake in Bk Technologies in the 2nd quarter valued at $25,000. Raymond James Financial Inc. acquired a new stake in Bk Technologies in the 2nd quarter worth $32,000. Finally, Bank of America Corp DE increased its holdings in shares of Bk Technologies by 3,882.6% during the 4th quarter. Bank of America Corp DE now owns 916 shares of the company’s stock worth $31,000 after purchasing an additional 893 shares during the period. Institutional investors and hedge funds own 55.05% of the company’s stock.

Bk Technologies Stock Up 3.1%

Shares of BKTI opened at $85.59 on Friday. The stock’s 50-day moving average price is $79.29 and its 200 day moving average price is $72.50. The firm has a market capitalization of $319.25 million, a price-to-earnings ratio of 25.86 and a beta of 0.49. Bk Technologies, Inc. has a 12-month low of $26.20 and a 12-month high of $89.23.

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.