Beasley Broadcasting GroupBBGI
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 Q2 SEC filings by fund managers ($100M+ AUM)
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
11% more funds holding
Funds holding: 27 [Q1] → 30 (+3) [Q2]
0.12% less ownership
Funds ownership: 21.38% [Q1] → 21.26% (-0.12%) [Q2]
16% less capital invested
Capital invested by funds: $2.28M [Q1] → $1.91M (-$364K) [Q2]
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
Research analyst outlook
We haven’t received any recent analyst ratings for BBGI.