Amanda Long Sells 200,000 Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI) CEO Amanda Long sold 200,000 shares of the firm’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $4.25, for a total transaction of $850,000.00. Following the sale, the chief executive officer now owns 2,583,254 shares in the company, valued at approximately $10,978,829.50. This represents a 7.19 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

BigBear.ai Price Performance

BigBear.ai stock traded up $0.72 during trading on Thursday, reaching $4.45. The company had a trading volume of 111,250,875 shares, compared to its average volume of 10,704,809. The firm has a market capitalization of $1.12 billion, a PE ratio of -4.89 and a beta of 3.58. The firm’s 50-day simple moving average is $2.28 and its 200 day simple moving average is $1.75. The company has a debt-to-equity ratio of 2.08, a quick ratio of 2.06 and a current ratio of 2.06. BigBear.ai Holdings, Inc. has a 1-year low of $1.16 and a 1-year high of $4.80.

BigBear.ai (NYSE:BBAI) last announced its earnings results on Tuesday, November 5th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.02. BigBear.ai had a negative net margin of 109.90% and a negative return on equity of 138.35%. The business had revenue of $41.51 million for the quarter, compared to analyst estimates of $45.04 million. During the same quarter last year, the business earned $0.03 earnings per share. The company’s revenue for the quarter was up 22.1% compared to the same quarter last year. As a group, equities research analysts anticipate that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Cantor Fitzgerald reissued an “overweight” rating and set a $3.50 target price on shares of BigBear.ai in a research note on Wednesday, November 6th. HC Wainwright reaffirmed a “buy” rating and issued a $3.00 price target on shares of BigBear.ai in a report on Wednesday, November 6th.

Institutional Investors Weigh In On BigBear.ai

Large investors have recently bought and sold shares of the company. Fortis Group Advisors LLC grew its holdings in shares of BigBear.ai by 26.9% during the second quarter. Fortis Group Advisors LLC now owns 66,735 shares of the company’s stock worth $101,000 after buying an additional 14,134 shares in the last quarter. XTX Topco Ltd boosted its position in BigBear.ai by 57.9% during the third quarter. XTX Topco Ltd now owns 61,011 shares of the company’s stock worth $89,000 after acquiring an additional 22,363 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in BigBear.ai by 135.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 41,073 shares of the company’s stock valued at $62,000 after acquiring an additional 23,597 shares in the last quarter. Sovereign Financial Group Inc. acquired a new stake in BigBear.ai in the 3rd quarter valued at about $36,000. Finally, Intech Investment Management LLC purchased a new position in BigBear.ai in the 3rd quarter worth approximately $61,000. 7.55% of the stock is currently owned by hedge funds and other institutional investors.

About BigBear.ai

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.