BigBear.ai (NYSE:BBAI) Director Pamela Joyce Braden Sells 80,000 Shares of Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI) Director Pamela Joyce Braden sold 80,000 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $4.00, for a total value of $320,000.00. Following the sale, the director owned 508,687 shares of the company’s stock, valued at approximately $2,034,748. This represents a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

BigBear.ai Stock Performance

Shares of NYSE:BBAI traded up $0.02 during trading on Monday, hitting $3.96. The company’s stock had a trading volume of 44,702,148 shares, compared to its average volume of 61,947,945. The company has a 50-day moving average of $4.90 and a 200-day moving average of $5.81. BigBear.ai Holdings, Inc. has a 12 month low of $2.36 and a 12 month high of $9.39. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.78 and a quick ratio of 1.78. The firm has a market cap of $1.88 billion, a price-to-earnings ratio of -3.96 and a beta of 3.49.

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

Hedge Funds Weigh In On BigBear.ai

A number of hedge funds have recently modified their holdings of the company. Invesco Ltd. increased its stake 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 in the last quarter. AQR Capital Management LLC purchased a new position in shares of BigBear.ai during the 1st quarter valued at $88,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake 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 buying an additional 160,096 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in BigBear.ai by 441.1% in the 1st quarter. NewEdge Advisors LLC now owns 74,318 shares of the company’s stock worth $213,000 after buying an additional 60,583 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings 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 buying an additional 1,990,822 shares during the period. 7.55% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. 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. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday, January 21st. Cantor Fitzgerald reduced their price target on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. Finally, Wall Street Zen downgraded BigBear.ai from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. One research 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 data from MarketBeat, BigBear.ai presently has a consensus rating of “Hold” and a consensus target price of $5.50.

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.