Vontobel Holding Ltd. Buys 8,000 Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI)

Vontobel Holding Ltd. raised its stake in BigBear.ai Holdings, Inc. (NYSE:BBAI) by 22.2% in the 4th quarter, HoldingsChannel reports. The firm owned 44,000 shares of the company’s stock after acquiring an additional 8,000 shares during the quarter. Vontobel Holding Ltd.’s holdings in BigBear.ai were worth $94,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BBAI. Koshinski Asset Management Inc. bought a new stake in BigBear.ai in the third quarter valued at $91,000. Cambridge Investment Research Advisors Inc. increased its stake in BigBear.ai by 221.5% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 34,000 shares of the company’s stock valued at $51,000 after purchasing an additional 23,425 shares in the last quarter. Raymond James & Associates increased its stake in BigBear.ai by 130.4% in the third quarter. Raymond James & Associates now owns 748,949 shares of the company’s stock valued at $1,131,000 after purchasing an additional 423,893 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new stake in BigBear.ai in the third quarter valued at $48,000. 7.55% of the stock is owned by institutional investors.

BigBear.ai Price Performance

Shares of NYSE BBAI opened at $1.69 on Thursday. The stock has a market capitalization of $410.04 million, a P/E ratio of -4.02 and a beta of 3.68. The company has a 50-day moving average price of $2.27 and a 200-day moving average price of $1.91. 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 issued its quarterly earnings data on Thursday, March 7th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.07). The firm had revenue of $40.56 million for the quarter, compared to analysts’ expectations of $42.75 million. BigBear.ai’s revenue was up .5% on a year-over-year basis. During the same period in the prior year, the company earned ($0.23) EPS. As a group, equities research analysts anticipate that BigBear.ai Holdings, Inc. will post -0.21 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Cantor Fitzgerald reiterated an “overweight” rating and set a $3.00 price objective on shares of BigBear.ai in a report on Monday, March 4th.

Insider Buying and Selling

In related news, CAO Sean Raymond Ricker sold 36,250 shares of the business’s stock in a transaction dated Wednesday, March 27th. The shares were sold at an average price of $2.07, for a total transaction of $75,037.50. Following the transaction, the chief accounting officer now directly owns 99,428 shares in the company, valued at $205,815.96. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, CAO Sean Raymond Ricker sold 36,250 shares of the business’s stock in a transaction dated Wednesday, March 27th. The shares were sold at an average price of $2.07, for a total transaction of $75,037.50. Following the transaction, the chief accounting officer now directly owns 99,428 shares in the company, valued at $205,815.96. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Raluca Dinu sold 100,000 shares of the business’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $2.58, for a total transaction of $258,000.00. Following the transaction, the director now owns 523,374 shares in the company, valued at $1,350,304.92. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 5,838,420 shares of company stock worth $15,635,973. 2.00% of the stock is owned by insiders.

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.