Shepherd Kaplan Krochuk LLC purchased a new stake in shares of BK Technologies Inc (NYSEAMERICAN:BKTI) during the third quarter, HoldingsChannel reports. The fund purchased 28,907 shares of the company’s stock, valued at approximately $117,000.
Other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in BK Technologies during the second quarter valued at $131,000. California Public Employees Retirement System purchased a new stake in BK Technologies during the second quarter valued at $324,000. Apollo Management Holdings L.P. purchased a new stake in BK Technologies during the second quarter valued at $699,000. Dimensional Fund Advisors LP purchased a new stake in BK Technologies during the second quarter valued at $1,215,000. Finally, Renaissance Technologies LLC purchased a new stake in BK Technologies during the second quarter valued at $2,301,000.
BK Technologies stock opened at $3.55 on Friday. BK Technologies Inc has a 52-week low of $3.00 and a 52-week high of $4.31.
Separately, TheStreet raised shares of BK Technologies from a “d+” rating to a “c-” rating in a research note on Thursday, August 23rd.
BK Technologies Company Profile
BK Technologies, Inc designs, manufactures, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios, repeaters, base stations, and related components and subsystems under BK Technologies, BK Radio, and RELM brand names. Its BK Technologies and BK Radio branded products include land-mobile radio equipment for professional radio users primarily in government, public safety, and military applications, as well as P-25 digital products; and RELM branded products provide two-way communications for commercial and industrial concerns, such as hotels, construction firms, schools, and transportation services.
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