Corps Capital Advisors LLC Buys 127,286 Shares of Brand Engagement Network Inc. $BNAI

Corps Capital Advisors LLC lifted its stake in shares of Brand Engagement Network Inc. (NASDAQ:BNAI) by 132.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 223,064 shares of the company’s stock after purchasing an additional 127,286 shares during the quarter. Corps Capital Advisors LLC owned 0.52% of Brand Engagement Network worth $98,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Lee Kelleher Wealth Management bought a new stake in Brand Engagement Network during the 1st quarter worth approximately $52,000. 15.80% of the stock is owned by institutional investors and hedge funds.

Brand Engagement Network Price Performance

BNAI opened at $0.42 on Wednesday. The company’s 50 day moving average price is $0.39 and its two-hundred day moving average price is $0.36. Brand Engagement Network Inc. has a fifty-two week low of $0.23 and a fifty-two week high of $1.18. The firm has a market capitalization of $19.03 million, a price-to-earnings ratio of -0.57 and a beta of 0.67.

Brand Engagement Network (NASDAQ:BNAI) last posted its quarterly earnings data on Friday, October 10th. The company reported ($0.07) EPS for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.07.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Brand Engagement Network in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Brand Engagement Network Company Profile

Brand Engagement Network, Inc provides conversational AI assistants. The company offers security-focused, multimodal communication, and human-like assistants. Its AI assistants are built on proprietary natural language processing, anomaly detection, multisensory awareness, sentiment, and environmental analysis, as well as real-time individuation and personalization capabilities.