Janney Montgomery Scott LLC Sells 181,364 Shares of BigBear.ai Holdings, Inc. $BBAI

Janney Montgomery Scott LLC decreased its position in BigBear.ai Holdings, Inc. (NYSE:BBAI) by 90.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,820 shares of the company’s stock after selling 181,364 shares during the period. Janney Montgomery Scott LLC’s holdings in BigBear.ai were worth $70,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Van ECK Associates Corp acquired a new position in BigBear.ai during the 4th quarter valued at about $46,675,000. UBS Group AG lifted its holdings in BigBear.ai by 145.7% in the fourth quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock valued at $56,089,000 after buying an additional 6,158,665 shares during the period. Vanguard Group Inc. boosted its stake in BigBear.ai by 18.4% in the fourth quarter. Vanguard Group Inc. now owns 32,695,344 shares of the company’s stock valued at $176,555,000 after acquiring an additional 5,090,508 shares during the last quarter. Two Sigma Investments LP boosted its stake in BigBear.ai by 165.5% in the third quarter. Two Sigma Investments LP now owns 4,903,920 shares of the company’s stock valued at $31,974,000 after acquiring an additional 3,056,597 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in BigBear.ai by 35.9% during the 4th quarter. Geode Capital Management LLC now owns 10,247,877 shares of the company’s stock worth $55,347,000 after acquiring an additional 2,706,195 shares during the period. 7.55% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

BBAI has been the topic of several recent research reports. Wall Street Zen upgraded BigBear.ai from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research note on Friday. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $5.50.

BigBear.ai Price Performance

BBAI opened at $2.83 on Tuesday. The stock has a market cap of $1.35 billion, a P/E ratio of -3.25 and a beta of 3.32. BigBear.ai Holdings, Inc. has a 12 month low of $2.77 and a 12 month high of $9.39. The company has a quick ratio of 6.08, a current ratio of 6.08 and a debt-to-equity ratio of 0.01. The company has a fifty day simple moving average of $3.90 and a 200 day simple moving average of $4.23.

Insider Activity

In other news, CFO Sean Raymond Ricker sold 10,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $4.33, for a total transaction of $43,300.00. Following the sale, the chief financial officer owned 609,256 shares of the company’s stock, valued at $2,638,078.48. This trade represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dorothy D. Hayes sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $4.11, for a total value of $61,650.00. Following the completion of the transaction, the director owned 204,150 shares of the company’s stock, valued at $839,056.50. This represents a 6.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.57% of the stock is owned by corporate insiders.

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.