Beasley Broadcast Group (NASDAQ:BBGI) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Posted by George Bondi on Jul 2nd, 2026

Beasley Broadcast Group, Inc. (NASDAQ:BBGI – Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $10.27 and traded as high as $26.92. Beasley Broadcast Group shares last traded at $26.25, with a volume of 44,462 shares.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Weiss Ratings restated a “sell (d)” rating on shares of Beasley Broadcast Group in a research report on Friday, March 27th. Wall Street Zen upgraded Beasley Broadcast Group to a “hold” rating in a research report on Saturday, May 23rd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Beasley Broadcast Group currently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on BBGI

Beasley Broadcast Group Stock Performance

The company’s fifty day moving average is $19.55 and its two-hundred day moving average is $10.39. The firm has a market cap of $45.88 million, a price-to-earnings ratio of -0.24 and a beta of 4.36.

Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) last announced its earnings results on Wednesday, May 13th. The company reported $1.77 earnings per share for the quarter. The company had revenue of $42.59 million during 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

Hedge funds and other institutional investors have recently modified their holdings of the company. Gamco Investors INC. ET AL lifted its position in Beasley Broadcast Group by 9.5% in the 1st quarter. Gamco Investors INC. ET AL now owns 63,399 shares of the company’s stock valued at $212,000 after purchasing an additional 5,475 shares during the last quarter. HRT Financial LP bought a new position in Beasley Broadcast Group in the 4th quarter worth approximately $129,000. Susquehanna International Group LLP bought a new stake in Beasley Broadcast Group during the 3rd quarter valued at $85,000. Finally, Osaic Holdings Inc. bought a new stake in shares of Beasley Broadcast Group during the second quarter valued at about $83,000. Institutional investors and hedge funds own 21.73% of the company’s stock.

Beasley Broadcast Group Company Profile

(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.