Baader Bank Aktiengesellschaft Makes New $32,000 Investment in BigBear.ai Holdings, Inc. (NYSE:BBAI)

Baader Bank Aktiengesellschaft acquired a new position in shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 21,262 shares of the company’s stock, valued at approximately $32,000.

A number of other hedge funds also recently made changes to their positions in the stock. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of BigBear.ai by 64.0% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 19,492 shares of the company’s stock valued at $42,000 after purchasing an additional 7,607 shares in the last quarter. Vontobel Holding Ltd. boosted its stake in shares of BigBear.ai by 22.2% in the 4th quarter. Vontobel Holding Ltd. now owns 44,000 shares of the company’s stock valued at $94,000 after purchasing an additional 8,000 shares in the last quarter. American International Group Inc. boosted its stake in shares of BigBear.ai by 75.4% in the 1st quarter. American International Group Inc. now owns 25,539 shares of the company’s stock valued at $52,000 after purchasing an additional 10,982 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of BigBear.ai in the 4th quarter valued at approximately $26,000. Finally, Price T Rowe Associates Inc. MD acquired a new stake in shares of BigBear.ai in the 1st quarter valued at approximately $31,000. 7.55% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, HC Wainwright dropped their price objective on shares of BigBear.ai from $5.00 to $3.00 and set a “buy” rating for the company in a report on Friday, August 2nd.

Insider Transactions at BigBear.ai

In other news, Director Pamela Joyce Braden purchased 140,939 shares of the company’s stock in a transaction dated Monday, June 3rd. The shares were purchased at an average price of $1.49 per share, for a total transaction of $209,999.11. Following the transaction, the director now owns 446,396 shares of the company’s stock, valued at $665,130.04. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 1.40% of the company’s stock.

BigBear.ai Trading Up 6.6 %

NYSE BBAI traded up $0.08 during trading hours on Thursday, reaching $1.29. The company’s stock had a trading volume of 2,487,110 shares, compared to its average volume of 7,103,600. The firm has a fifty day simple moving average of $1.41 and a 200-day simple moving average of $1.77. The stock has a market cap of $317.44 million, a P/E ratio of -1.36 and a beta of 3.52. BigBear.ai Holdings, Inc. has a 52 week low of $1.16 and a 52 week high of $4.80. The company has a debt-to-equity ratio of 1.90, a current ratio of 1.98 and a quick ratio of 1.98.

BigBear.ai (NYSE:BBAI) last issued its quarterly earnings data on Thursday, August 1st. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.02. The business had revenue of $39.78 million during the quarter, compared to the consensus estimate of $46.55 million. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter last year, the business earned ($0.12) EPS. Equities analysts forecast that BigBear.ai Holdings, Inc. will post -0.34 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.