Insider Selling: BigBear.ai Holdings, Inc. (NYSE:BBAI) CAO Sells $132,005.90 in Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI) CAO Sean Raymond Ricker sold 36,166 shares of the business’s stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $3.65, for a total value of $132,005.90. Following the completion of the transaction, the chief accounting officer now owns 223,070 shares in the company, valued at $814,205.50. The trade was a 13.95 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

BigBear.ai Stock Down 0.5 %

BBAI stock opened at $3.05 on Friday. BigBear.ai Holdings, Inc. has a fifty-two week low of $1.17 and a fifty-two week high of $10.36. The stock has a fifty day moving average of $5.10 and a 200-day moving average of $3.32. The company has a market capitalization of $867.41 million, a price-to-earnings ratio of -3.35 and a beta of 3.12. The company has a debt-to-equity ratio of 2.08, a quick ratio of 2.06 and a current ratio of 2.06.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Northland Securities cut BigBear.ai from an “outperform” rating to a “market perform” rating and boosted their price objective for the stock from $2.50 to $4.00 in a research report on Friday, March 7th. HC Wainwright reduced their price target on shares of BigBear.ai from $7.00 to $6.00 and set a “buy” rating for the company in a research report on Friday, March 7th. Cantor Fitzgerald lowered their price objective on shares of BigBear.ai from $8.00 to $6.00 and set an “overweight” rating on the stock in a research report on Friday, March 7th. Finally, Northland Capmk downgraded shares of BigBear.ai from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 7th.

Hedge Funds Weigh In On BigBear.ai

Several large investors have recently modified their holdings of BBAI. Wealth Enhancement Advisory Services LLC purchased a new position in BigBear.ai in the 4th quarter valued at approximately $89,000. TFG Asset Management GP Ltd purchased a new position in shares of BigBear.ai in the fourth quarter valued at $4,005,000. Soviero Asset Management LP bought a new stake in shares of BigBear.ai during the 4th quarter valued at $3,248,000. Two Sigma Investments LP bought a new stake in shares of BigBear.ai during the 4th quarter valued at $70,000. Finally, ProShare Advisors LLC boosted its stake in BigBear.ai by 51.5% in the 4th quarter. ProShare Advisors LLC now owns 29,077 shares of the company’s stock worth $129,000 after purchasing an additional 9,879 shares during the period. Hedge funds and other institutional investors own 7.55% of the company’s stock.

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.