Sean Raymond Ricker Sells 36,166 Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI) CAO Sean Raymond Ricker sold 36,166 shares of the company’s stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $3.65, for a total transaction of $132,005.90. Following the completion of the transaction, the chief accounting officer now directly owns 223,070 shares of the company’s stock, valued at approximately $814,205.50. The trade was a 13.95 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

BigBear.ai Stock Down 4.2 %

NYSE:BBAI opened at $3.06 on Friday. The company has a debt-to-equity ratio of 2.08, a quick ratio of 2.06 and a current ratio of 2.06. The company has a market capitalization of $870.26 million, a price-to-earnings ratio of -3.36 and a beta of 3.12. BigBear.ai Holdings, Inc. has a one year low of $1.17 and a one year high of $10.36. The stock has a 50-day simple moving average of $5.11 and a 200 day simple moving average of $3.31.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Cantor Fitzgerald cut their price target on BigBear.ai from $8.00 to $6.00 and set an “overweight” rating on the stock in a research note on Friday, March 7th. Northland Capmk lowered BigBear.ai from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 7th. HC Wainwright decreased their price target on shares of BigBear.ai from $7.00 to $6.00 and set a “buy” rating for the company in a research report on Friday, March 7th. Finally, Northland Securities cut shares of BigBear.ai from an “outperform” rating to a “market perform” rating and upped their price target for the company from $2.50 to $4.00 in a report on Friday, March 7th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC bought a new position in BigBear.ai during the fourth quarter worth $89,000. TFG Asset Management GP Ltd bought a new position in shares of BigBear.ai in the 4th quarter worth about $4,005,000. Soviero Asset Management LP acquired a new position in shares of BigBear.ai in the 4th quarter valued at about $3,248,000. Two Sigma Investments LP bought a new stake in shares of BigBear.ai during the 4th quarter valued at about $70,000. Finally, ProShare Advisors LLC raised its stake in BigBear.ai by 51.5% during the fourth quarter. ProShare Advisors LLC now owns 29,077 shares of the company’s stock worth $129,000 after acquiring an additional 9,879 shares during the period. Institutional investors and hedge funds own 7.55% of the company’s stock.

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.