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 firm’s stock in a transaction dated Wednesday, March 27th. The stock was sold at an average price of $2.07, for a total value of $75,037.50. Following the transaction, the chief accounting officer now owns 99,428 shares in the company, valued at approximately $205,815.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 stock was sold at an average price of $2.16, for a total value of $10,800.00.
• On Monday, March 11th, Sean Raymond Ricker sold 101,751 shares of BigBear.ai stock. The stock was sold at an average price of $2.44, for a total value of $248,272.44.

BigBear.ai Trading Down 4.7 %

Shares of BigBear.ai stock opened at $2.05 on Friday. BigBear.ai Holdings, Inc. has a 12-month low of $1.16 and a 12-month high of $4.80. The business’s 50 day moving average is $2.28 and its 200-day moving average is $1.87.

BigBear.ai (NYSE:BBAI) last issued its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $42.75 million. During the same quarter last year, the company posted ($0.23) earnings per share. BigBear.ai’s quarterly revenue was up .5% on a year-over-year basis. On average, equities research analysts expect that BigBear.ai Holdings, Inc. will post -0.21 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd acquired a new stake in shares of BigBear.ai during the 4th quarter worth $26,000. Wells Fargo & Company MN bought a new stake in shares of BigBear.ai during the 2nd quarter worth $26,000. Gotham Asset Management LLC lifted its position in shares of BigBear.ai by 71.3% during the 3rd quarter. Gotham Asset Management LLC now owns 24,368 shares of the company’s stock worth $37,000 after buying an additional 10,141 shares during the last quarter. Ground Swell Capital LLC bought a new stake in shares of BigBear.ai during the 2nd quarter worth $41,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in shares of 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 worth $42,000 after buying an additional 7,607 shares during the last quarter. 7.55% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

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.