Beasley Broadcast Group Inc (NASDAQ:BBGI) has coverage initiated with a Buy ➝ Buy rating and $8.50 price target

ME Staff
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Analyst Ratings For Beasley Broadcast Group Inc (NASDAQ:BBGI)

Today, Guggenheim initiated coverage on Beasley Broadcast Group Inc (NASDAQ:BBGI) with a Buy with a price target of $8.50.

There are 1 Buy Ratings, no Strong Buy Ratings, no Sell Ratings, no Hold Ratings on the stock.

The current consensus rating on Beasley Broadcast Group Inc (NASDAQ:BBGI) is Buy with a consensus target price of $8.50 per share, a potential 18.88% upside.

Some recent analyst ratings include

  • 8/29/2018-Beasley Broadcast Group Inc (NASDAQ:BBGI) has coverage initiated with a Buy ➝ Buy rating and $8.50 price target

Recent Insider Trading Activity For Beasley Broadcast Group Inc (NASDAQ:BBGI)
Beasley Broadcast Group Inc (NASDAQ:BBGI) has insider ownership of 61.60% and institutional ownership of 14.87%.

  • On 8/10/2018 Mark S Fowler, Director, bought 5,000 with an average share price of $6.95 per share and the total transaction amounting to $34,750.00.
  • On 7/26/2018 Cristina Bordes, Major Shareholder, sold 1,954,748 with an average share price of $7.05 per share and the total transaction amounting to $13,780,973.40.
  • On 7/26/2018 Stephanie L Bordes, Insider, sold 439,425 with an average share price of $7.05 per share and the total transaction amounting to $3,097,946.25.
  • On 5/18/2018 Mark S Fowler, Director, sold 5,505 with an average share price of $10.78 per share and the total transaction amounting to $59,343.90.
  • On 2/26/2018 Joe B Cox, Director, sold 2,200 with an average share price of $11.72 per share and the total transaction amounting to $25,784.00.
  • On 6/12/2017 Mark S Fowler, Director, bought 1,000 with an average share price of $10.55 per share and the total transaction amounting to $10,550.00.
  • On 5/19/2017 Joe B Cox, Director, sold 3,550 with an average share price of $8.41 per share and the total transaction amounting to $29,855.50.

About Beasley Broadcast Group Inc (NASDAQ:BBGI)
Beasley Broadcast Group, Inc., a radio broadcasting company, operates radio stations in the United States. As of February 12, 2018, it owned and operated 63 stations, including 45 FM and 18 AM stations in 15 large- and mid-size markets. The company was founded in 1961 and is headquartered in Naples, Florida.

Recent Trading Activity for Beasley Broadcast Group Inc (NASDAQ:BBGI)
Shares of Beasley Broadcast Group Inc closed the previous trading session at 7.12 up +0.22 3.26% with 7.1 shares trading hands.