Today, a Director at Beasley Broadcast Group (NASDAQ: BBGI), Mark Fowler, bought shares of BBGI for $34.75K.
Following this transaction Mark Fowler’s holding in the company was increased by 14.62% to a total of $268.5K. In addition to Mark Fowler, 6 other BBGI executives reported Buy trades in the last month.
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Based on Beasley Broadcast Group’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $61.63 million and quarterly net profit of $4.92 million. In comparison, last year the company earned revenue of $61.01 million and had a net profit of $3.91 million. BBGI’s market cap is $188.4M and the company has a P/E ratio of 2.46. Currently, Beasley Broadcast Group has an average volume of 81.12K.
In the last 30 days, insiders have sold $42.37M worth of BBGI shares and purchased $34.75K worth of BBGI shares. The insider sentiment on Beasley Broadcast Group has been negative according to 26 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Mark Fowler’s trades have generated a -3.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Beasley Broadcast Group, Inc. engages in the operation of radio stations. It owns and operates radio stations in the following markets: Atlanta, Augusta, Boston, Charlotte, Detroit, Fayetteville, Fort Myers-Naples, Greenville-New Bern-Jacksonville, Las Vegas, Philadelphia, Tampa-Saint Petersburg, West Palm Beach-Boca Raton and Wilmington.
