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

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

The New Beasley Caroline Holding in Beasley Broadcast Group Inc

Beasley Caroline filed with the SEC SC 13D/A form for Beasley Broadcast Group Inc. The form can be accessed here: 000119312516767858. As reported in Beasley Caroline’s form, the filler as of late owns 12% 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 Caroline’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 dropped, 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.

Dimensional Fund Limited Partnership accumulated 405,910 shares or 0% of the stock. Moreover, Invsts Advisory Services has 0.02% invested in Beasley Broadcast Group Inc (NASDAQ:BBGI) for 19,113 shares. Jpmorgan Chase has 93 shares for 0% of their US portfolio. Blackrock Advsrs Limited Liability has 784 shares for 0% of their US portfolio. Wells Fargo And Commerce Mn has invested 0% of its portfolio in Beasley Broadcast Group Inc (NASDAQ:BBGI). California Employees Retirement Systems holds 0% or 69,583 shares in its portfolio. Moreover, Blackrock Fund Advisors has 0% invested in Beasley Broadcast Group Inc (NASDAQ:BBGI) for 15,897 shares. Morgan Stanley last reported 0% of its portfolio in the stock. Tower Rech Cap Ltd Limited Liability Company (Trc) owns 1,004 shares or 0% of their US portfolio. Moreover, Rbf Capital Lc has 0.03% invested in Beasley Broadcast Group Inc (NASDAQ:BBGI) for 32,469 shares. Manufacturers Life Insur The accumulated 127 shares or 0% of the stock. Renaissance Technologies Ltd Liability Corp last reported 35,700 shares in the company. Comml Bank Of America De accumulated 0% or 40,000 shares. State Of New Jersey Common Pension Fund D holds 0.01% of its portfolio in Beasley Broadcast Group Inc (NASDAQ:BBGI) for 294,000 shares. Northern Trust Corp has 0% invested in the company for 14,051 shares.

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

The stock decreased 10.62% or $0.6 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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