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

Corps Capital Advisors LLC lessened its holdings in shares of Brand Engagement Network Inc. (NASDAQ:BNAI) by 85.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 82,553 shares of the company’s stock after selling 470,933 shares during the period. Corps Capital Advisors LLC’s holdings in Brand Engagement Network were worth $192,000 as of its most recent filing with the SEC.

Separately, XTX Topco Ltd lifted its holdings 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 during the period. 15.80% of the stock is currently owned by institutional investors and hedge funds.

Brand Engagement Network Stock Up 0.7%

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. Brand Engagement Network Inc. has a 12-month low of $1.18 and a 12-month high of $86.28. The company’s fifty day simple moving average is $27.59 and its 200 day simple moving average is $22.27.

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Brand Engagement Network in a report on Monday, April 20th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Brand Engagement Network 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.