Beasley Broadcasting Group (BBGI)

• Market cap: $16.3M
• 1 day: 2.45%
• 5 days: 7.48%
• 1 month: 14.86%
• 3 months: -5.35%
• 6 months: -29.39%
• Year to date: -50.27%
• 1 year: -43.07%
• 5 years: -84.67%
• 10 years: -91.32%
• Sector: Communication Services
• Industry: Radio Broadcasting Stations

About: Beasley Broadcast Group Inc is a multi-platform media company, whose primary business is operating radio stations throughout the United States. The Company offers local and national advertisers integrated marketing solutions across audio, digital and event platforms. The Company owns and operates stations in the following markets: Atlanta, GA, Augusta, GA, Boston, MA, Charlotte, NC, Detroit, MI, Fayetteville, NC, Fort Myers-Naples, FL, Las Vegas, NV, Middlesex, NJ, Monmouth, NJ, Morristown, NJ, Philadelphia, PA, Tampa-Saint Petersburg, FL, and Wilmington, DE. The Company currently operates three operating segments Audio, Digital and esports.

Employees: 1,127

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

4.33% less ownership

Funds ownership: 21.26% [Q2] → 16.93% (-4.33%) [Q3]

33% less capital invested

Capital invested by funds: $1.91M [Q2] → $1.28M (-$638K) [Q3]

50% less funds holding

Funds holding: 30 [Q2] → 15 (-15) [Q3]

88% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 17

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 13