BigBear.ai (NYSE:BBAI) Director Sells $320,000.00 in Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI) Director Pamela Joyce Braden sold 80,000 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $4.00, for a total value of $320,000.00. Following the completion of the transaction, the director directly owned 508,687 shares in the company, valued at $2,034,748. The trade was a 13.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

BigBear.ai Trading Down 3.7%

BigBear.ai stock opened at $3.82 on Thursday. BigBear.ai Holdings, Inc. has a 52-week low of $2.36 and a 52-week high of $9.39. The company has a market cap of $1.82 billion, a P/E ratio of -3.82 and a beta of 3.49. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.16. The business has a 50-day simple moving average of $4.77 and a two-hundred day simple moving average of $5.78.

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

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of BigBear.ai from a “hold” rating to a “sell” rating in a research report on Saturday, January 10th. Cantor Fitzgerald decreased their target price on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. HC Wainwright lowered their target price on BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $5.50.

Hedge Funds Weigh In On BigBear.ai

Several large investors have recently added to or reduced their stakes in BBAI. Invesco Ltd. boosted its position in shares of BigBear.ai by 26.4% in the first quarter. Invesco Ltd. now owns 26,728 shares of the company’s stock worth $76,000 after purchasing an additional 5,579 shares during the period. AQR Capital Management LLC bought a new stake in shares of BigBear.ai during the 1st quarter valued at $88,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of BigBear.ai by 54.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 456,661 shares of the company’s stock valued at $1,306,000 after purchasing an additional 160,096 shares during the period. NewEdge Advisors LLC lifted its stake in shares of BigBear.ai by 441.1% during the 1st quarter. NewEdge Advisors LLC now owns 74,318 shares of the company’s stock valued at $213,000 after buying an additional 60,583 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in shares of BigBear.ai by 569.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,340,713 shares of the company’s stock valued at $6,694,000 after buying an additional 1,990,822 shares in the last quarter. Hedge funds and other institutional investors own 7.55% of the company’s stock.

BigBear.ai Company 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.