Beasley Broadcast Group (NASDAQ:BBGI) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Posted by Stanley Muller on Jul 18th, 2026

Beasley Broadcast Group, Inc. (NASDAQ:BBGI – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $11.78 and traded as high as $22.94. Beasley Broadcast Group shares last traded at $21.77, with a volume of 81,999 shares.

Analysts Set New Price Targets

Several equities analysts have commented on BBGI shares. Wall Street Zen raised shares of Beasley Broadcast Group to a “hold” rating in a report on Saturday, May 23rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Beasley Broadcast Group in a research report on Wednesday, July 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Beasley Broadcast Group presently has an average rating of “Sell”.

Check Out Our Latest Stock Report on BBGI

Beasley Broadcast Group Stock Performance

The company has a market cap of $40.11 million, a price-to-earnings ratio of -0.21 and a beta of 4.37. The business has a fifty day moving average price of $20.37 and a 200 day moving average price of $11.85.

Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) last released its quarterly earnings data on Wednesday, May 13th. The company reported $1.77 earnings per share for the quarter. The business had revenue of $42.59 million for the quarter. Beasley Broadcast Group had a negative return on equity of 27.43% and a negative net margin of 95.51%.

Hedge Funds Weigh In On Beasley Broadcast Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. HRT Financial LP bought a new position in shares of Beasley Broadcast Group in the 4th quarter valued at $129,000. Osaic Holdings Inc. acquired a new stake in shares of Beasley Broadcast Group during the 2nd quarter valued at $83,000. Susquehanna International Group LLP acquired a new stake in shares of Beasley Broadcast Group during the 3rd quarter valued at $85,000. Finally, Gamco Investors INC. ET AL grew its position in Beasley Broadcast Group by 22.3% during the 3rd quarter. Gamco Investors INC. ET AL now owns 56,154 shares of the company’s stock worth $296,000 after acquiring an additional 10,238 shares during the last quarter. Institutional investors own 21.73% of the company’s stock.

About Beasley Broadcast Group

(Get Free Report)

Beasley Broadcast Group, Inc is a diversified media company primarily engaged in the ownership, operation and licensing of radio broadcast stations across the United States. Headquartered in Naples, Florida, the company provides local and regional audiences with a mix of music, news, talk and sports programming designed to serve diverse demographic markets. Through its portfolio of stations, Beasley generates advertising revenues by offering on-air spots, sponsorships and promotional partnerships to national and local advertisers.

In addition to traditional over-the-air programming, Beasley Broadcast Group offers digital services that include live audio streaming, podcast production, mobile apps and website content for many of its radio brands.