BigBear.ai Holdings, Inc. (NYSE:BBAI) Director Sells 10,075 Shares

BigBear.ai Holdings, Inc. (NYSE:BBAI) Director Bbai Ultimate Holdings, Llc sold 10,075 shares of BigBear.ai stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $1.75, for a total transaction of $17,631.25. Following the transaction, the director now owns 143,264,182 shares in the company, valued at $250,712,318.50. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Bbai Ultimate Holdings, Llc also recently made the following trade(s):

• On Tuesday, October 15th, Bbai Ultimate Holdings, Llc sold 572,817 shares of BigBear.ai stock. The shares were sold at an average price of $1.78, for a total value of $1,019,614.26.

BigBear.ai Stock Performance

NYSE:BBAI opened at $1.60 on Thursday. The firm has a 50-day moving average of $1.54 and a two-hundred day moving average of $1.51. The company has a debt-to-equity ratio of 1.99, a current ratio of 2.10 and a quick ratio of 2.10. The stock has a market cap of $393.72 million, a P/E ratio of -1.83 and a beta of 3.48. BigBear.ai Holdings, Inc. has a 1-year low of $1.16 and a 1-year high of $4.80.

BigBear.ai (NYSE:BBAI) last released its earnings results on Thursday, August 1st. The company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.07) by $0.02. The company had revenue of $39.78 million during the quarter, compared to analysts’ expectations of $46.55 million. BigBear.ai had a negative return on equity of 295.34% and a negative net margin of 104.53%. The business’s revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the business posted ($0.12) EPS. On average, research analysts expect that BigBear.ai Holdings, Inc. will post -0.32 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Bank of Montreal Can lifted its position in shares of BigBear.ai by 6,435.7% during the second quarter. Bank of Montreal Can now owns 653,570 shares of the company’s stock worth $1,006,000 after purchasing an additional 643,570 shares during the last quarter. Price T Rowe Associates Inc. MD bought a new stake in BigBear.ai in the first quarter valued at about $31,000. Vanguard Group Inc. raised its stake in BigBear.ai by 8.9% during the first quarter. Vanguard Group Inc. now owns 2,062,356 shares of the company’s stock valued at $4,228,000 after buying an additional 168,076 shares in the last quarter. Hartline Investment Corp bought a new position in BigBear.ai during the 1st quarter worth approximately $39,000. Finally, SG Americas Securities LLC acquired a new position in shares of BigBear.ai in the 1st quarter worth approximately $287,000. 7.55% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on BBAI shares. Cantor Fitzgerald reiterated an “overweight” rating and set a $3.50 target price on shares of BigBear.ai in a report on Wednesday, August 21st. HC Wainwright reiterated a “buy” rating and set a $3.00 price objective on shares of BigBear.ai in a research note on Tuesday, October 15th.

BigBear.ai Company Profile

BigBear.ai Holdings, Inc provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.