Sean Bernard Battle Sells 44,813 Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI) Director Sean Bernard Battle sold 44,813 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $4.46, for a total value of $199,865.98. Following the completion of the transaction, the director now directly owns 137,838 shares in the company, valued at approximately $614,757.48. This represents a 24.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

BigBear.ai Stock Down 5.1 %

NYSE BBAI opened at $4.22 on Friday. The stock’s 50-day moving average price is $3.24 and its 200-day moving average price is $2.13. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 2.08. BigBear.ai Holdings, Inc. has a 52 week low of $1.16 and a 52 week high of $5.20. The company has a market capitalization of $1.06 billion, a P/E ratio of -4.63 and a beta of 3.21.

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

Institutional Trading of BigBear.ai

Institutional investors have recently made changes to their positions in the business. Sovereign Financial Group Inc. purchased a new stake in shares of BigBear.ai during the third quarter worth about $36,000. Simon Quick Advisors LLC purchased a new stake in shares of BigBear.ai during the fourth quarter worth about $44,000. Bay Rivers Group purchased a new stake in shares of BigBear.ai during the fourth quarter worth about $48,000. XTX Topco Ltd purchased a new stake in shares of BigBear.ai during the second quarter worth about $58,000. Finally, Intech Investment Management LLC purchased a new stake in shares of BigBear.ai during the third quarter worth about $61,000. Hedge funds and other institutional investors own 7.55% of the company’s stock.

Analyst Ratings Changes

BBAI has been the topic of a number of recent research reports. Cantor Fitzgerald reissued an “overweight” rating and issued a $3.50 target price on shares of BigBear.ai in a report on Wednesday, November 6th. HC Wainwright increased their target price on BigBear.ai from $3.00 to $7.00 and gave the company a “buy” rating in a report on Monday, December 30th.

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.