BigBear.ai Holdings, Inc. (NYSE:BBAI) CAO Sells $75,037.50 in Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI) CAO Sean Raymond Ricker sold 36,250 shares of the stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of $2.07, for a total transaction of $75,037.50. Following the completion of the transaction, the chief accounting officer now directly owns 99,428 shares of the company’s stock, valued at approximately $205,815.96. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Sean Raymond Ricker also recently made the following trade(s):

• On Wednesday, March 20th, Sean Raymond Ricker sold 5,000 shares of BigBear.ai stock. The shares were sold at an average price of $2.16, for a total transaction of $10,800.00.
• On Monday, March 11th, Sean Raymond Ricker sold 101,751 shares of BigBear.ai stock. The shares were sold at an average price of $2.44, for a total value of $248,272.44.

BigBear.ai Stock Down 4.7 %

Shares of BBAI stock traded down $0.10 on Thursday, reaching $2.05. The company’s stock had a trading volume of 6,609,474 shares, compared to its average volume of 12,024,900. The company has a market capitalization of $497.39 million, a P/E ratio of -4.88 and a beta of 3.86. BigBear.ai Holdings, Inc. has a 12-month low of $1.16 and a 12-month high of $4.80. The stock’s 50 day simple moving average is $2.27 and its 200-day simple moving average is $1.87.

BigBear.ai (NYSE:BBAI) last released its quarterly earnings results on Thursday, March 7th. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.07). The business had revenue of $40.56 million for the quarter, compared to analyst estimates of $42.75 million. During the same period in the previous year, the company posted ($0.23) earnings per share. BigBear.ai’s quarterly revenue was up .5% on a year-over-year basis. Research analysts expect that BigBear.ai Holdings, Inc. will post -0.21 EPS for the current year.

Analysts Set New Price Targets

Separately, Cantor Fitzgerald restated an “overweight” rating and issued a $3.00 target price on shares of BigBear.ai in a report on Monday, March 4th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Dynamic Technology Lab Private Ltd bought a new stake in shares of BigBear.ai in the 4th quarter valued at about $26,000. Wells Fargo & Company MN bought a new stake in BigBear.ai in the second quarter valued at approximately $26,000. Gotham Asset Management LLC boosted its stake in shares of BigBear.ai by 71.3% during the third quarter. Gotham Asset Management LLC now owns 24,368 shares of the company’s stock valued at $37,000 after purchasing an additional 10,141 shares during the period. Ground Swell Capital LLC bought a new position in shares of BigBear.ai in the second quarter worth approximately $41,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in BigBear.ai by 64.0% during the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 19,492 shares of the company’s stock valued at $42,000 after buying an additional 7,607 shares during the last quarter. 7.55% of the stock is currently owned by institutional investors.

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.