BigBear.ai Holdings, Inc. (NYSE:BBAI) Director Sells $93,600.00 in Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI) Director Dorothy D. Hayes sold 26,000 shares of the stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $3.60, for a total transaction of $93,600.00. Following the completion of the transaction, the director now directly owns 255,239 shares in the company, valued at approximately $918,860.40. This represents a 9.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

BigBear.ai Stock Performance

Shares of NYSE:BBAI opened at $3.66 on Monday. The company’s 50 day moving average price is $3.09 and its two-hundred day moving average price is $3.70. BigBear.ai Holdings, Inc. has a 12-month low of $1.17 and a 12-month high of $10.36. The firm has a market cap of $1.06 billion, a PE ratio of -4.02 and a beta of 3.32. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 2.08.

BigBear.ai (NYSE:BBAI) last posted its quarterly earnings results on Thursday, May 1st. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.04). The firm had revenue of $34.76 million for the quarter, compared to analyst estimates of $36.26 million. BigBear.ai had a negative return on equity of 138.35% and a negative net margin of 109.90%. The business’s revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.67) EPS. Equities research analysts predict that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on BBAI shares. Cantor Fitzgerald decreased their target price on shares of BigBear.ai from $8.00 to $6.00 and set an “overweight” rating on the stock in a research report on Friday, March 7th. Northland Securities lowered shares of BigBear.ai from an “outperform” rating to a “market perform” rating and increased their target price for the stock from $2.50 to $4.00 in a research report on Friday, March 7th. HC Wainwright decreased their target price on shares of BigBear.ai from $7.00 to $6.00 and set a “buy” rating on the stock in a research report on Friday, March 7th. Finally, Northland Capmk lowered shares of BigBear.ai from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 7th.

Institutional Trading of BigBear.ai

Several large investors have recently made changes to their positions in the company. AE Industrial Partners LP acquired a new stake in shares of BigBear.ai during the 4th quarter worth approximately $284,721,000. Vanguard Group Inc. boosted its position in shares of BigBear.ai by 9.2% during the 1st quarter. Vanguard Group Inc. now owns 6,325,571 shares of the company’s stock worth $18,091,000 after acquiring an additional 534,963 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of BigBear.ai by 569.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,340,713 shares of the company’s stock worth $6,694,000 after acquiring an additional 1,990,822 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of BigBear.ai by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 2,197,296 shares of the company’s stock worth $9,780,000 after acquiring an additional 38,858 shares in the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of BigBear.ai during the 1st quarter worth approximately $3,811,000. Institutional investors and hedge funds own 7.55% of the company’s stock.

About BigBear.ai

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.