Blair William & Co. IL Acquires 26,591 Shares of BigBear.ai Holdings, Inc. $BBAI

Blair William & Co. IL increased its holdings in BigBear.ai Holdings, Inc. (NYSE:BBAI) by 9.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 309,601 shares of the company’s stock after buying an additional 26,591 shares during the period. Blair William & Co. IL owned 0.11% of BigBear.ai worth $2,102,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Goldman Sachs Group Inc. lifted its stake in BigBear.ai by 569.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,340,713 shares of the company’s stock worth $6,694,000 after purchasing an additional 1,990,822 shares in the last quarter. Baird Financial Group Inc. purchased a new stake in BigBear.ai in the 1st quarter worth approximately $286,000. McGuire Investment Group LLC lifted its stake in BigBear.ai by 89.0% in the 2nd quarter. McGuire Investment Group LLC now owns 86,658 shares of the company’s stock worth $588,000 after purchasing an additional 40,806 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its stake in BigBear.ai by 48.5% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 125,136 shares of the company’s stock worth $850,000 after purchasing an additional 40,893 shares in the last quarter. Finally, Swiss National Bank purchased a new stake in BigBear.ai in the 1st quarter worth approximately $1,045,000. 7.55% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

BBAI has been the topic of several recent analyst reports. HC Wainwright lowered their target price on shares of BigBear.ai from $9.00 to $8.00 and set a “buy” rating on the stock in a research note on Tuesday, August 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, BigBear.ai has a consensus rating of “Hold” and an average price target of $6.00.

Insider Buying and Selling

In related news, CFO Sean Raymond Ricker sold 11,978 shares of BigBear.ai stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $5.35, for a total value of $64,082.30. Following the transaction, the chief financial officer owned 296,345 shares in the company, valued at $1,585,445.75. This trade represents a 3.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.10% of the stock is currently owned by insiders.

BigBear.ai Stock Performance

BigBear.ai stock opened at $8.88 on Wednesday. The firm’s fifty day moving average price is $6.21 and its 200-day moving average price is $5.15. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.91 and a current ratio of 1.91. The stock has a market cap of $3.87 billion, a P/E ratio of -6.17 and a beta of 3.43. BigBear.ai Holdings, Inc. has a fifty-two week low of $1.51 and a fifty-two week high of $10.36.

BigBear.ai (NYSE:BBAI) last posted its quarterly earnings data on Monday, August 11th. The company reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.01. The firm had revenue of $32.47 million for the quarter, compared to analysts’ expectations of $41.18 million. BigBear.ai had a negative net margin of 269.28% and a negative return on equity of 48.11%. The business’s quarterly revenue was down 18.3% on a year-over-year basis. During the same quarter last year, the company posted ($0.06) EPS. BigBear.ai has set its FY 2025 guidance at EPS. On average, equities research analysts expect that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current fiscal year.

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.