Notable Mover: Beasley Broadcast Group Inc (NASDAQ:BBGI) Institutional Investors 2016 Q2 Sentiment

November 17, 2016 - By Nellie Frank   ·   0 Comments

Notable Mover: Beasley Broadcast Group Inc (NASDAQ:BBGI) Institutional Investors  2016 Q2 Sentiment

Sentiment for Beasley Broadcast Group Inc (NASDAQ:BBGI)

Beasley Broadcast Group Inc (NASDAQ:BBGI) institutional sentiment decreased to 0.71 in Q2 2016. Its down -1.29, from 2 in 2016Q1. The ratio is negative, as 5 institutional investors started new and increased stock positions, while 7 reduced and sold their stakes in Beasley Broadcast Group Inc. The institutional investors in our partner’s database now hold: 3.69 million shares, up from 3.69 million shares in 2016Q1. Also, the number of institutional investors holding Beasley Broadcast Group Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 7 Increased: 4 New Position: 1.

Beasley Broadcast Group, Inc. is a radio broadcasting company. The company has a market cap of $138.12 million. The Company’s primary business is operating radio stations throughout the United States. It has a 12.54 P/E ratio. The Firm owns and operates approximately 69 radio stations in over 16 large- and mid-size markets in the United States.

The stock closed at $5.02 during the last session. It is down 37.16% since April 15, 2016 and is uptrending. It has outperformed by 32.53% the S&P500.

According to Zacks Investment Research, “Beasley Broadcast Group is one of the largest radio broadcasting company’s in the United States. The company’s stations are located in large and midsized markets in the eastern United States. The radio stations program a variety of formats, including urban, contemporary hit radio and country, which target the demographic groups in each market that the company considers the most attractive to the advertisers.”

Teton Advisors Inc. holds 0.28% of its portfolio in Beasley Broadcast Group Inc for 732,233 shares. Gamco Investors Inc. Et Al owns 1.48 million shares or 0.04% of their US portfolio. Moreover, Rbf Capital Llc has 0.03% invested in the company for 32,469 shares. The Massachusetts-based Grt Capital Partners L.L.C. has invested 0.02% in the stock. Investors Capital Advisory Services, a Massachusetts-based fund reported 19,113 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 2 sales for $4,560 net activity.

BBGI Company Profile

Beasley Broadcast Group, Inc., incorporated on November 12, 1999, is a radio broadcasting company. The Company’s primary business is operating radio stations throughout the United States. The Firm owns and operates approximately 69 radio stations in over 16 large- and mid-size markets in the United States. The Firm operates in various radio markets, including Atlanta, Georgia; Augusta, Georgia; Boston, Massachusetts; Fayetteville, North Carolina; Fort Myers-Naples, Florida; Greenville-New Bern-Jacksonville, North Carolina; Las Vegas, Nevada; Philadelphia, Pennsylvania; Tampa-Saint Petersburg, Florida; West Palm Beach-Boca Raton, Florida; Wilmington, Delaware; Detroit, Michigan; Middlesex, New Jersey; Charlotte, North Carolina; Monmouth, New Jersey, and Morristown, New Jersey.

More recent Beasley Broadcast Group Inc (NASDAQ:BBGI) news were published by: Quotes.Wsj.com which released: “DOW JONES, A NEWS CORP COMPANY” on February 11, 2011. Also Globenewswire.com published the news titled: “Beasley Broadcast Group to Acquire Greater Media, Inc.” on July 19, 2016. Globenewswire.com‘s news article titled: “Beasley Broadcast Group to Report 2016 Third Quarter Financial Results, Host …” with publication date: October 25, 2016 was also an interesting one.

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By Nellie Frank


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