Insider Selling: BigBear.ai Holdings, Inc. (NYSE:BBAI) CAO Sells $42,892.15 in Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI) CAO Sean Raymond Ricker sold 14,063 shares of the company’s stock in a transaction on Wednesday, May 7th. The stock was sold at an average price of $3.05, for a total transaction of $42,892.15. Following the transaction, the chief accounting officer now owns 270,061 shares in the company, valued at approximately $823,686.05. The trade was a 4.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• On Monday, May 5th, Sean Raymond Ricker sold 10,000 shares of BigBear.ai stock. The stock was sold at an average price of $3.33, for a total transaction of $33,300.00.
• On Tuesday, April 1st, Sean Raymond Ricker sold 2,066 shares of BigBear.ai stock. The shares were sold at an average price of $2.90, for a total transaction of $5,991.40.
• On Tuesday, March 25th, Sean Raymond Ricker sold 36,166 shares of BigBear.ai stock. The stock was sold at an average price of $3.65, for a total value of $132,005.90.

BigBear.ai Trading Down 3.1%

Shares of BigBear.ai stock opened at $3.15 on Monday. The stock has a fifty day moving average price of $3.11 and a 200-day moving average price of $3.64. The company has a debt-to-equity ratio of 2.08, a current ratio of 2.06 and a quick ratio of 2.06. The firm has a market cap of $917.25 million, a PE ratio of -3.46 and a beta of 3.32. BigBear.ai Holdings, Inc. has a 1 year low of $1.17 and a 1 year high of $10.36.

BigBear.ai (NYSE:BBAI) last released its earnings results on Thursday, May 1st. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.04). BigBear.ai had a negative net margin of 109.90% and a negative return on equity of 138.35%. The company had revenue of $34.76 million during the quarter, compared to analysts’ expectations of $36.26 million. During the same quarter in the previous year, the firm earned ($0.67) earnings per share. The firm’s revenue was up 4.9% compared to the same quarter last year. Equities research analysts anticipate that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current year.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On BigBear.ai

Institutional investors and hedge funds have recently bought and sold shares of the company. Deutsche Bank AG grew its stake in shares of BigBear.ai by 49.4% during the 1st quarter. Deutsche Bank AG now owns 82,252 shares of the company’s stock worth $235,000 after acquiring an additional 27,197 shares during the period. Headlands Technologies LLC bought a new position in BigBear.ai during the first quarter worth about $1,806,000. Vanguard Group Inc. increased its stake in shares of BigBear.ai by 9.2% in the first quarter. Vanguard Group Inc. now owns 6,325,571 shares of the company’s stock worth $18,091,000 after purchasing an additional 534,963 shares in the last quarter. Atria Wealth Solutions Inc. purchased a new position in shares of BigBear.ai in the first quarter worth about $42,000. Finally, Thoroughbred Financial Services LLC raised its position in shares of BigBear.ai by 88.2% in the first quarter. Thoroughbred Financial Services LLC now owns 32,000 shares of the company’s stock valued at $91,000 after purchasing an additional 15,000 shares during the period. 7.55% of the stock is owned by institutional investors.

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.