Captrust Financial Advisors Purchases New Holdings in BigBear.ai Holdings, Inc. (NYSE:BBAI)

Captrust Financial Advisors purchased a new stake in BigBear.ai Holdings, Inc. (NYSE:BBAI) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 10,003 shares of the company’s stock, valued at approximately $45,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Oppenheimer & Co. Inc. purchased a new position in BigBear.ai in the 4th quarter valued at about $325,000. Charles Schwab Investment Management Inc. raised its holdings in BigBear.ai by 3.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 298,596 shares of the company’s stock valued at $1,329,000 after acquiring an additional 8,879 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in BigBear.ai by 198.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 93,220 shares of the company’s stock valued at $415,000 after acquiring an additional 61,998 shares during the last quarter. Sargent Investment Group LLC acquired a new stake in BigBear.ai in the 4th quarter valued at about $1,028,000. Finally, Vanguard Group Inc. raised its holdings in BigBear.ai by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 5,790,608 shares of the company’s stock valued at $25,768,000 after acquiring an additional 23,994 shares during the last quarter. 7.55% of the stock is owned by hedge funds and other institutional investors.

BigBear.ai Stock Up 3.2%

Shares of NYSE BBAI opened at $3.84 on Friday. The company has a 50 day simple moving average of $3.12 and a 200-day simple moving average of $3.73. The company has a market capitalization of $1.12 billion, a P/E ratio of -4.22 and a beta of 3.32. The company has a debt-to-equity ratio of 2.08, a current ratio of 2.06 and a quick ratio of 2.06. BigBear.ai Holdings, Inc. has a 1 year low of $1.17 and a 1 year high of $10.36.

BigBear.ai (NYSE:BBAI) last announced its quarterly earnings results on Thursday, May 1st. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.67) EPS. On average, equities research analysts predict that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current year.

Analyst Upgrades and Downgrades

BBAI has been the subject of a number of recent research reports. Northland Securities downgraded shares of BigBear.ai from an “outperform” rating to a “market perform” rating and increased their price objective for the company from $2.50 to $4.00 in a report on Friday, March 7th. HC Wainwright cut their price objective on shares of BigBear.ai from $7.00 to $6.00 and set a “buy” rating for the company in a report on Friday, March 7th. Northland Capmk downgraded shares of BigBear.ai from a “strong-buy” rating to a “hold” rating in a report on Friday, March 7th. Finally, Cantor Fitzgerald cut their price objective on shares of BigBear.ai from $8.00 to $6.00 and set an “overweight” rating for the company in a report on Friday, March 7th.

Insider Transactions at BigBear.ai

In related news, Director Dorothy D. Hayes sold 26,000 shares of the stock in a transaction that occurred on 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 owns 255,239 shares of the company’s stock, valued at approximately $918,860.40. This trade represents a 9.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Sean Raymond Ricker sold 10,000 shares of the stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $3.33, for a total transaction of $33,300.00. Following the transaction, the chief accounting officer now directly owns 293,639 shares of the company’s stock, valued at $977,817.87. The trade was a 3.29% decrease in their position. The disclosure for this sale can be found here. Insiders sold 154,219 shares of company stock worth $532,605 in the last 90 days. Insiders own 1.10% of the company’s stock.

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.