Hitek GlobalHKIT
Market Cap: 20.9M
About: Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of businesses such as services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from hardware sales, software sales, IT services, and tax devices and services.
Employees: 48
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
100% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 0
1.2% less ownership
Funds ownership: 1.55% [Q4 2023] → 0.36% (-1.2%) [Q1 2024]
25% less funds holding
Funds holding: 8 [Q4 2023] → 6 (-2) [Q1 2024]
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
50% less capital invested
Capital invested by funds: $179K [Q4 2023] → $90.1K (-$88.9K) [Q1 2024]
Research analyst outlook
We haven’t received any recent analyst ratings for HKIT.