BigBear.ai Holdings, Inc. $BBAI Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers boosted its position in shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) by 194.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,299 shares of the company’s stock after purchasing an additional 48,407 shares during the period. Cetera Investment Advisers’ holdings in BigBear.ai were worth $210,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in BigBear.ai by 12.3% during the 4th quarter. JPMorgan Chase & Co. now owns 51,166 shares of the company’s stock valued at $228,000 after acquiring an additional 5,591 shares during the last quarter. Wells Fargo & Company MN boosted its stake in BigBear.ai by 5.1% during the 4th quarter. Wells Fargo & Company MN now owns 78,458 shares of the company’s stock valued at $349,000 after acquiring an additional 3,797 shares during the last quarter. Invesco Ltd. boosted its stake in BigBear.ai by 8.3% during the 4th quarter. Invesco Ltd. now owns 21,149 shares of the company’s stock valued at $94,000 after acquiring an additional 1,629 shares during the last quarter. Raymond James Financial Inc. bought a new position in BigBear.ai during the 4th quarter valued at $618,000. Finally, Barclays PLC boosted its stake in BigBear.ai by 13.9% during the 4th quarter. Barclays PLC now owns 161,457 shares of the company’s stock valued at $718,000 after acquiring an additional 19,691 shares during the last quarter. 7.55% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reduced their price objective on shares of BigBear.ai from $9.00 to $8.00 and set a “buy” rating on the stock in a research note on Tuesday, August 12th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $6.00.

BigBear.ai Trading Down 0.1%

BigBear.ai stock opened at $5.4750 on Friday. The firm’s 50-day moving average is $6.41 and its 200-day moving average is $4.94. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.91 and a current ratio of 1.91. BigBear.ai Holdings, Inc. has a 1 year low of $1.29 and a 1 year high of $10.36. The company has a market cap of $2.03 billion, a P/E ratio of -3.80 and a beta of 3.44.

BigBear.ai (NYSE:BBAI) last posted its quarterly earnings results on Monday, August 11th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.01. BigBear.ai had a negative net margin of 269.28% and a negative return on equity of 48.11%. The company had revenue of $32.47 million for the quarter, compared to the consensus estimate of $41.18 million. During the same period last year, the firm posted ($0.06) EPS. The company’s revenue for the quarter was down 18.3% on a year-over-year basis. BigBear.ai has set its FY 2025 guidance at EPS. On average, equities analysts expect that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Julie Peffer sold 50,000 shares of BigBear.ai stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $4.40, for a total value of $220,000.00. Following the sale, the chief financial officer directly owned 634,153 shares in the company, valued at $2,790,273.20. This trade represents a 7.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.10% of the stock is currently owned by corporate insiders.

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.