Filing Worth Mentioning Today: Why Beasley Bruce G Reported Big Beasley Broadcast Group Inc Position?

Filing Worth Mentioning Today: Why Beasley Bruce G Reported Big Beasley Broadcast Group Inc Position?

The New Beasley Bruce G Holding in Beasley Broadcast Group Inc

Beasley Bruce G filed with the SEC SC 13D/A form for Beasley Broadcast Group Inc. The form can be accessed here: 000119312516767853. As reported in Beasley Bruce G’s form, the filler as of late owns 12.6% or 13 shares of the Consumer Discretionary–company.

Beasley Broadcast Group Inc stake is a new one for the and it was filed because of activity on November 1, 2016. We feel this shows Beasley Bruce G’s positive view for the stock.

Beasley Broadcast Group Inc Institutional Sentiment

Latest Security and Exchange filings show 24 investors own Beasley Broadcast Group Inc. The institutional ownership in Q3 2015 is low, at 124.57% of the outstanding shares. This is increased by 4568504 the total institutional shares. 8283936 were the shares owned by these institutional investors. In total 1 funds opened new Beasley Broadcast Group Inc stakes, 5 increased stakes. There were 0 that closed positions and 3 reduced them.

Investors Capital Advisory Services is an institutional investor bullish on Beasley Broadcast Group Inc, owning 19113 shares as of Q3 2015 for 0.01% of its portfolio. Mario Gabelli Gamco Investors Inc Et Al owns 1474034 shares or 0.04% of its portfolio. CA Denali Advisors Llc have less than 0.01% of their stock portfolio for 300 shares. Further, Rbf Capital Llc reported stake worth 0.03% of its US stock portfolio. The NY Teton Advisors Inc owns 725800 shares. Beasley Broadcast Group Inc is 0.22% of the manager’s US portfolio.

Business Profile

Beasley Broadcast Group, Inc. is a radio broadcasting company. The Company’s primary business is operating radio stations throughout the United States. The Company owns and operates approximately 69 radio stations in over 16 large- and mid-size markets in the United States. The Company 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; Charlotte, North Carolina; Detroit, Michigan; Middlesex, New Jersey; Monmouth, New Jersey, and Morristown, New Jersey. The Company serves approximately 20.1 million consumers weekly over-the-air, online and on smartphones and tablets. The Company refers to each group of radio stations in each radio market as a market cluster.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment decreased to 0.71 in 2016 Q2. Its down 1.29, from 2 in 2016Q1. The ratio is negative, as 0 funds sold all Beasley Broadcast Group Inc shares owned while 7 reduced positions. 1 funds bought stakes while 4 increased positions. They now own 3.69 million shares or 0.06% more from 3.69 million shares in 2016Q1.

State Of New Jersey Common Pension Fund D, a New Jersey-based fund reported 294,000 shares. Northern Trust Corporation accumulated 14,051 shares or 0% of the stock. Teton Advisors Incorporated last reported 0.28% of its portfolio in the stock. Bridgeway Cap Mgmt last reported 0% of its portfolio in the stock. Cap Advisory last reported 19,113 shares in the company. Gabelli Funds Ltd Liability Co accumulated 256,034 shares or 0.01% of the stock. Manufacturers Life The holds 0% of its portfolio in Beasley Broadcast Group Inc (NASDAQ:BBGI) for 127 shares. Denali Advsrs Ltd Limited Liability Company accumulated 300 shares or 0% of the stock. Moreover, Dimensional Fund Advsrs Limited Partnership has 0% invested in Beasley Broadcast Group Inc (NASDAQ:BBGI) for 405,910 shares. Renaissance Techs Limited Liability accumulated 35,700 shares or 0% of the stock. Goldman Sachs Grp Inc holds 0% of its portfolio in Beasley Broadcast Group Inc (NASDAQ:BBGI) for 23,277 shares. Blackrock Inv Mngmt Ltd Liability Corporation holds 0% or 480 shares in its portfolio. Advisory Services Network Limited Liability Corporation last reported 388 shares in the company. Vanguard Gp has invested 0% of its portfolio in Beasley Broadcast Group Inc (NASDAQ:BBGI). Blackrock Ltd Co holds 0% of its portfolio in Beasley Broadcast Group Inc (NASDAQ:BBGI) for 784 shares.

Insider Transactions: Since July 25, 2016, the stock had 0 insider buys, and 2 sales for $4,560 net activity. $2,312 worth of Beasley Broadcast Group Inc (NASDAQ:BBGI) was sold by GAMCO INVESTORS – INC. ET AL.

The stock decreased 3.81% or $0.2 on November 14, hitting $5.05. About 1,677 shares traded hands. Beasley Broadcast Group Inc (NASDAQ:BBGI) has risen 38.89% since April 12, 2016 and is uptrending. It has outperformed by 33.91% the S&P500.

Beasley Broadcast Group, Inc. is a radio broadcasting company. The company has a market cap of $116.64 million. The Company’s primary business is operating radio stations throughout the United States. It has a 12.61 P/E ratio. The Firm owns and operates approximately 69 radio stations in over 16 large- and mid-size markets in the United States.

More recent Beasley Broadcast Group Inc (NASDAQ:BBGI) news were published by: Globenewswire.com which released: “Beasley Broadcast Group to Acquire Greater Media, Inc.” on July 19, 2016. Also Quotes.Wsj.com published the news titled: “DOW JONES, A NEWS CORP COMPANY” on February 11, 2011. 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.

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.”

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.

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