Corps Capital Advisors LLC Has $192,000 Stock Position in Brand Engagement Network Inc. $BNAI

Corps Capital Advisors LLC lowered its stake in Brand Engagement Network Inc. (NASDAQ:BNAI) by 85.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,553 shares of the company’s stock after selling 470,933 shares during the period. Corps Capital Advisors LLC owned 1.84% of Brand Engagement Network worth $192,000 at the end of the most recent quarter.

Separately, XTX Topco Ltd boosted its position in Brand Engagement Network by 197.9% in the second quarter. XTX Topco Ltd now owns 73,684 shares of the company’s stock valued at $32,000 after buying an additional 48,951 shares in the last quarter. 15.80% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Brand Engagement Network in a research report on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Brand Engagement Network Stock Performance

Shares of NASDAQ:BNAI opened at $21.37 on Friday. The firm has a market cap of $125.23 million, a PE ratio of -11.81 and a beta of 0.38. The firm’s fifty day moving average is $27.59 and its 200-day moving average is $22.27. Brand Engagement Network Inc. has a 52 week low of $1.18 and a 52 week high of $86.28.

Brand Engagement Network (NASDAQ:BNAI) last issued its quarterly earnings results on Friday, May 15th. The company reported ($0.51) EPS for the quarter, topping analysts’ consensus estimates of ($1.20) by $0.69. The company had revenue of $0.10 million for the quarter, compared to analyst estimates of $0.30 million. Brand Engagement Network had a negative net margin of 2,189.33% and a negative return on equity of 235.73%.

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. It serves the automotive, healthcare, and other industries through direct sales force and channel partners. Brand Engagement Network, Inc was formerly known as Blockchain Exchange Network Inc and changed its name to Brand Engagement Network, Inc in April 2023.