Pamela Joyce Braden Sells 80,000 Shares of BigBear.ai (NYSE:BBAI) Stock

BigBear.ai Holdings, Inc. (NYSE:BBAIGet Free Report) Director Pamela Joyce Braden sold 80,000 shares of BigBear.ai stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $4.00, for a total value of $320,000.00. Following the completion of the sale, the director directly owned 508,687 shares of the company’s stock, valued at approximately $2,034,748. This trade represents a 13.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

BigBear.ai Price Performance

Shares of NYSE:BBAI opened at $3.96 on Wednesday. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $1.88 billion, a PE ratio of -3.96 and a beta of 3.49. BigBear.ai Holdings, Inc. has a twelve month low of $2.36 and a twelve month high of $9.39. The company has a 50-day moving average price of $4.81 and a two-hundred day moving average price of $5.79.

BigBear.ai (NYSE:BBAIGet Free Report) last posted its quarterly earnings results on Monday, March 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.04. The company had revenue of $27.30 million for the quarter, compared to analyst estimates of $33.31 million. BigBear.ai had a negative net margin of 230.21% and a negative return on equity of 18.22%. The company’s quarterly revenue was down 37.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.43) earnings per share. Equities analysts forecast that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently commented on BBAI. Wall Street Zen lowered BigBear.ai from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. HC Wainwright dropped their price objective on BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Cantor Fitzgerald cut their target price on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, January 21st. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $5.50.

Read Our Latest Research Report on BigBear.ai

Institutional Trading of BigBear.ai

Institutional investors and hedge funds have recently bought and sold shares of the company. Van ECK Associates Corp bought a new position in shares of BigBear.ai in the fourth quarter worth $46,675,000. Vanguard Group Inc. boosted its stake in BigBear.ai by 32.6% during the third quarter. Vanguard Group Inc. now owns 27,604,836 shares of the company’s stock valued at $179,984,000 after buying an additional 6,790,890 shares during the period. UBS Group AG boosted its stake in BigBear.ai by 145.7% during the fourth quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock valued at $56,089,000 after buying an additional 6,158,665 shares during the period. Jump Financial LLC purchased a new position in BigBear.ai during the second quarter worth about $37,407,000. Finally, Two Sigma Investments LP grew its position in BigBear.ai by 165.5% during the third quarter. Two Sigma Investments LP now owns 4,903,920 shares of the company’s stock worth $31,974,000 after buying an additional 3,056,597 shares in the last quarter. 7.55% of the stock is currently owned by hedge funds and other institutional investors.

About BigBear.ai

(Get Free Report)

BigBear.ai is a provider of artificial intelligence (AI) and data analytics solutions designed to deliver actionable insights for public sector and commercial clients. Headquartered in Columbia, Maryland, the company specializes in advanced analytics, machine learning, predictive modeling and network analysis to support decision-making in complex, data-rich environments. Its clientele spans defense and intelligence agencies, civil government organizations and enterprise businesses seeking to enhance mission outcomes and operational efficiency.

The company’s flagship offerings include an AI-driven analytics platform that integrates data engineering, algorithm development and visualization tools.

Featured Articles

Insider Buying and Selling by Quarter for BigBear.ai (NYSE:BBAI)

Receive News & Ratings for BigBear.ai Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BigBear.ai and related companies with MarketBeat.com's FREE daily email newsletter.