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

Corps Capital Advisors LLC grew its position in Brand Engagement Network Inc. (NASDAQ:BNAI) by 132.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. 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’s holdings in Brand Engagement Network were worth $98,000 as of its most recent filing with the SEC.

Separately, Lee Kelleher Wealth Management acquired a new position in shares of Brand Engagement Network during the 1st quarter valued at $52,000. 15.80% of the stock is currently owned by institutional investors.

Brand Engagement Network Stock Down 7.8%

Brand Engagement Network stock opened at $0.42 on Wednesday. Brand Engagement Network Inc. has a 12-month low of $0.23 and a 12-month high of $1.18. The firm’s fifty day moving average is $0.39 and its 200 day moving average is $0.36. The company has a market capitalization of $19.03 million, a PE ratio of -0.57 and a beta of 0.67.

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

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Brand Engagement Network in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

About Brand Engagement Network

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.