Universal Beteiligungs und Servicegesellschaft mbH Invests $115,000 in BigBear.ai Holdings, Inc. (NYSE:BBAI)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 40,292 shares of the company’s stock, valued at approximately $115,000.

Several other hedge funds also recently modified their holdings of the business. AE Industrial Partners LP bought a new position in shares of BigBear.ai during the fourth quarter valued at $284,721,000. Vanguard Group Inc. lifted its holdings in shares of BigBear.ai by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 5,790,608 shares of the company’s stock valued at $25,768,000 after purchasing an additional 23,994 shares in the last quarter. Geode Capital Management LLC lifted its holdings 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 valued at $9,780,000 after purchasing an additional 38,858 shares in the last quarter. TFG Asset Management GP Ltd bought a new stake in BigBear.ai in the 4th quarter valued at approximately $4,005,000. Finally, Northern Trust Corp increased its position in shares of BigBear.ai by 10.5% during the 4th quarter. Northern Trust Corp now owns 839,503 shares of the company’s stock worth $3,736,000 after purchasing an additional 79,593 shares during the last quarter. 7.55% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, HC Wainwright boosted their target price on BigBear.ai from $6.00 to $9.00 and gave the stock a “buy” rating in a report on Tuesday, July 1st.

BigBear.ai Stock Performance

NYSE:BBAI opened at $7.03 on Wednesday. The stock has a fifty day moving average price of $5.84 and a 200-day moving average price of $4.76. The company has a market cap of $2.05 billion, a price-to-earnings ratio of -9.02 and a beta of 3.44. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.66 and a current ratio of 1.66. BigBear.ai Holdings, Inc. has a fifty-two week low of $1.17 and a fifty-two week high of $10.36.

Insiders Place Their Bets

In other BigBear.ai news, CFO Julie Peffer sold 50,000 shares of the stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $4.40, for a total value of $220,000.00. Following the completion of the transaction, the chief financial officer directly owned 634,153 shares in the company, valued at approximately $2,790,273.20. This trade represents a 7.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 value of $93,600.00. Following the completion of the transaction, the director owned 255,239 shares of the company’s stock, valued at $918,860.40. This represents a 9.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 141,924 shares of company stock valued at $538,416. Corporate 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.