Banzai International (NASDAQ:BNZI) Cut to “Sell” at Wall Street Zen

Wall Street Zen cut shares of Banzai International (NASDAQ:BNZI) from a hold rating to a sell rating in a report released on Saturday morning.

Other research analysts have also recently issued research reports about the stock. Ascendiant Capital Markets lowered their price target on shares of Banzai International from $260.00 to $240.00 and set a “buy” rating for the company in a report on Thursday, May 29th. Taglich Brothers upgraded shares of Banzai International to a “moderate buy” rating in a research report on Monday, July 28th.

Banzai International Stock Performance

Shares of BNZI stock opened at $3.79 on Friday. The company has a 50 day moving average price of $6.04 and a 200 day moving average price of $10.11. Banzai International has a fifty-two week low of $2.65 and a fifty-two week high of $112.00.

Institutional Trading of Banzai International

An institutional investor recently bought a new position in Banzai International stock. Two Sigma Securities LLC acquired a new position in shares of Banzai International, Inc. (NASDAQ:BNZI) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 27,730 shares of the company’s stock, valued at approximately $42,000. Two Sigma Securities LLC owned about 0.47% of Banzai International as of its most recent filing with the SEC. Hedge funds and other institutional investors own 96.82% of the company’s stock.

Banzai International Company Profile

Banzai International, Inc, a marketing technology company, provides data-driven marketing and sales solutions for various businesses in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its products include Demio, a browser-based webinar platform with data and marketing features designed to help businesses engage with their audience through live events and on-demand, interactive video content; Boost, a software-as-a-service (SaaS) solution for social sharing by event registrants; and Reach, a SaaS and managed service to increase registration and attendance of marketing events.