Swiss National Bank Makes New Investment in BigBear.ai Holdings, Inc. $BBAI

Swiss National Bank acquired a new stake in shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 365,500 shares of the company’s stock, valued at approximately $1,045,000. Swiss National Bank owned about 0.13% of BigBear.ai at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of BBAI. JPMorgan Chase & Co. increased its position in shares of 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 purchasing an additional 5,591 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of 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 purchasing an additional 3,797 shares during the last quarter. Invesco Ltd. increased its position in shares of 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 purchasing an additional 1,629 shares during the last quarter. Raymond James Financial Inc. bought a new position in BigBear.ai during the 4th quarter worth approximately $618,000. Finally, Barclays PLC grew its position in BigBear.ai by 13.9% during the 4th quarter. Barclays PLC now owns 161,457 shares of the company’s stock worth $718,000 after acquiring an additional 19,691 shares during the last quarter. 7.55% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, HC Wainwright reduced their price target on BigBear.ai from $9.00 to $8.00 and set a “buy” rating on the stock in a research report on Tuesday, August 12th. Two 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 an average rating of “Moderate Buy” and a consensus target price of $6.00.

BigBear.ai Trading Down 3.5%

NYSE BBAI opened at $5.31 on Tuesday. BigBear.ai Holdings, Inc. has a fifty-two week low of $1.29 and a fifty-two week high of $10.36. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.91 and a current ratio of 1.91. The stock has a 50 day simple moving average of $6.43 and a two-hundred day simple moving average of $4.88. The stock has a market cap of $1.97 billion, a P/E ratio of -3.69 and a beta of 3.44.

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

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.