Beasley Broadcast Group Inc (BBGI): $ 48,203 of stock sold by King Luther Jr

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June 20, 2012 (MMD Newswire) -- King Luther Jr sold 8,400 shares of Beasley Broadcast Group Inc stock, or $48,203 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred between June 14, 2012 - June 15, 2012.

After the transaction, King Luther Jr's stake was reported as 708,984 shares of Beasley Broadcast Group Inc stock.

As noted on June 15, 2012, King Luther Jr's sale was done indirectly through "See footnote" over 2 transactions from June 14, 2012 to June 15, 2012. The share price ranged from $5.73 to $5.74 according to the regulatory filing detailing the transactions.

If we look over the past 12 months, King Luther Jr has sold a total of 8,400 shares of Beasley Broadcast Group Inc, proceeds from the sale totaled $48,203. Over the same time period, King Luther Jr has purchased no shares of Beasley Broadcast Group Inc stock.

Let's take a quick, high-level look at insider trading at Beasley Broadcast Group Inc over the past 12 months. A total of 89,701 shares of Beasley Broadcast Group Inc stock was sold by insiders, totaling $512,658. Over the same time 12 month time period, 11,000 shares of Beasley Broadcast Group Inc, for a total value of $37,550 were purchased by company insiders.

Source: SEC Filings
 

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