Bbai Ultimate Holdings, Llc Sells 10,075 Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI) Director Bbai Ultimate Holdings, Llc sold 10,075 shares of the stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $1.75, for a total value of $17,631.25. Following the sale, the director now directly owns 143,264,182 shares in the company, valued at approximately $250,712,318.50. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Bbai Ultimate Holdings, Llc also recently made the following trade(s):

• On Tuesday, October 15th, Bbai Ultimate Holdings, Llc sold 572,817 shares of BigBear.ai stock. The stock was sold at an average price of $1.78, for a total value of $1,019,614.26.

BigBear.ai Trading Down 1.1 %

BigBear.ai stock traded down $0.02 during trading hours on Monday, hitting $1.73. The stock had a trading volume of 3,539,191 shares, compared to its average volume of 6,705,159. The stock has a market cap of $425.71 million, a price-to-earnings ratio of -1.92 and a beta of 3.48. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 1.99. The business’s 50 day simple moving average is $1.53 and its 200-day simple moving average is $1.52. BigBear.ai Holdings, Inc. has a one year low of $1.16 and a one year high of $4.80.

BigBear.ai (NYSE:BBAI) last posted its earnings results on Thursday, August 1st. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.07) by $0.02. BigBear.ai had a negative net margin of 104.53% and a negative return on equity of 295.34%. The business had revenue of $39.78 million for the quarter, compared to the consensus estimate of $46.55 million. During the same period last year, the company earned ($0.12) EPS. The firm’s revenue was up 3.4% compared to the same quarter last year. On average, equities analysts predict that BigBear.ai Holdings, Inc. will post -0.32 EPS for the current fiscal year.

Institutional Trading of BigBear.ai

Several institutional investors have recently modified their holdings of BBAI. Koshinski Asset Management Inc. bought a new position in BigBear.ai during the 3rd quarter worth $131,000. Sovereign Financial Group Inc. bought a new position in shares of BigBear.ai in the 3rd quarter worth about $36,000. The Manufacturers Life Insurance Company increased its position in BigBear.ai by 135.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 41,073 shares of the company’s stock valued at $62,000 after buying an additional 23,597 shares in the last quarter. Bank of Montreal Can increased its position in BigBear.ai by 6,435.7% in the 2nd quarter. Bank of Montreal Can now owns 653,570 shares of the company’s stock valued at $1,006,000 after buying an additional 643,570 shares in the last quarter. Finally, XTX Topco Ltd bought a new stake in BigBear.ai in the 2nd quarter valued at about $58,000. Institutional investors own 7.55% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on BBAI. Cantor Fitzgerald reissued an “overweight” rating and set a $3.50 target price on shares of BigBear.ai in a report on Wednesday, August 21st. HC Wainwright restated a “buy” rating and issued a $3.00 target price on shares of BigBear.ai in a research report on Tuesday, October 15th.

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.