Sentinel Trust Co. LBA reduced its stake in shares of Brand Engagement Network Inc. (NASDAQ:BNAI - Free Report) by 90.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,559 shares of the company's stock after selling 311,033 shares during the quarter. Sentinel Trust Co. LBA owned about 0.77% of Brand Engagement Network worth $80,000 at the end of the most recent quarter.
Separately, XTX Topco Ltd lifted its stake 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 last quarter. Hedge funds and other institutional investors own 15.80% of the company's stock.
Analyst Ratings Changes
BNAI has been the subject of several recent research reports. Wall Street Zen upgraded shares of Brand Engagement Network from a "sell" rating to a "hold" rating in a research report on Saturday, February 7th. Weiss Ratings reiterated a "sell (e+)" rating on shares of Brand Engagement Network in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of "Sell".
Check Out Our Latest Report on Brand Engagement Network
Brand Engagement Network Price Performance
Shares of BNAI stock opened at $30.02 on Monday. Brand Engagement Network Inc. has a 12-month low of $1.18 and a 12-month high of $86.28. The firm has a market capitalization of $175.92 million, a price-to-earnings ratio of -4.62 and a beta of 0.97. The business has a 50 day simple moving average of $37.17 and a 200 day simple moving average of $18.61.
About Brand Engagement Network
(
Free Report)
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.
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