Quantitative Investment Management LLC Makes New Investment in BigBear.ai Holdings, Inc. $BBAI

Quantitative Investment Management LLC acquired a new position in shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 213,174 shares of the company’s stock, valued at approximately $1,389,000.

Several other large investors have also modified their holdings of BBAI. CWM LLC grew its position in shares of BigBear.ai by 237.5% in the 3rd quarter. CWM LLC now owns 4,640 shares of the company’s stock valued at $30,000 after buying an additional 3,265 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its position in BigBear.ai by 3,355.6% in the third quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock valued at $32,000 after acquiring an additional 4,832 shares during the last quarter. Hantz Financial Services Inc. lifted its position in BigBear.ai by 2,242.9% in the third quarter. Hantz Financial Services Inc. now owns 8,200 shares of the company’s stock valued at $53,000 after acquiring an additional 7,850 shares during the last quarter. Amalgamated Bank boosted its stake in BigBear.ai by 163.2% in the third quarter. Amalgamated Bank now owns 9,377 shares of the company’s stock valued at $61,000 after acquiring an additional 5,814 shares in the last quarter. Finally, Rockland Trust Co. purchased a new position in shares of BigBear.ai during the third quarter worth about $65,000. Institutional investors and hedge funds own 7.55% of the company’s stock.

BigBear.ai Stock Performance

NYSE BBAI opened at $4.04 on Friday. The firm has a market cap of $1.92 billion, a P/E ratio of -4.04 and a beta of 3.49. BigBear.ai Holdings, Inc. has a 52-week low of $2.36 and a 52-week high of $9.39. The business’s 50-day moving average price is $4.93 and its 200 day moving average price is $5.81. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.16.

BigBear.ai (NYSE:BBAI) last posted its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.04. BigBear.ai had a negative return on equity of 18.22% and a negative net margin of 230.21%.The firm had revenue of $27.30 million during the quarter, compared to the consensus estimate of $33.31 million. During the same period in the prior year, the business earned ($0.43) EPS. The firm’s revenue was down 37.7% compared to the same quarter last year. On average, equities research analysts expect that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on BBAI shares. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, January 21st. Wall Street Zen downgraded BigBear.ai from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. Cantor Fitzgerald cut their price target on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. Finally, HC Wainwright reduced their price objective on BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $5.50.

BigBear.ai Profile

BigBear.ai is a provider of artificial intelligence (AI) and data analytics solutions designed to deliver actionable insights for public sector and commercial clients. Headquartered in Columbia, Maryland, the company specializes in advanced analytics, machine learning, predictive modeling and network analysis to support decision-making in complex, data-rich environments. Its clientele spans defense and intelligence agencies, civil government organizations and enterprise businesses seeking to enhance mission outcomes and operational efficiency.

The company’s flagship offerings include an AI-driven analytics platform that integrates data engineering, algorithm development and visualization tools.