BigBear.ai Holdings, Inc. (NYSE:BBAI) CAO Sean Raymond Ricker Sells 36,250 Shares of Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI) CAO Sean Raymond Ricker sold 36,250 shares of BigBear.ai stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of $2.07, for a total transaction of $75,037.50. Following the transaction, the chief accounting officer now directly owns 99,428 shares in the company, valued at $205,815.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Sean Raymond Ricker also recently made the following trade(s):

• On Wednesday, March 20th, Sean Raymond Ricker sold 5,000 shares of BigBear.ai stock. The shares were sold at an average price of $2.16, for a total transaction of $10,800.00.
• On Monday, March 11th, Sean Raymond Ricker sold 101,751 shares of BigBear.ai stock. The shares were sold at an average price of $2.44, for a total transaction of $248,272.44.

BigBear.ai Trading Down 4.7 %

BBAI opened at $2.05 on Friday. The firm’s 50 day moving average is $2.28 and its 200-day moving average is $1.87. BigBear.ai Holdings, Inc. has a 52-week low of $1.16 and a 52-week high of $4.80.

BigBear.ai (NYSE:BBAI) last posted its quarterly earnings data on Thursday, March 7th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.07). The firm had revenue of $40.56 million for the quarter, compared to the consensus estimate of $42.75 million. The firm’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.23) EPS. On average, sell-side analysts anticipate that BigBear.ai Holdings, Inc. will post -0.21 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $3.00 price target on shares of BigBear.ai in a research report on Monday, March 4th.

Institutional Trading of BigBear.ai

A number of hedge funds have recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd bought a new stake in shares of BigBear.ai in the fourth quarter worth $26,000. Wells Fargo & Company MN bought a new stake in shares of BigBear.ai in the second quarter worth $26,000. Gotham Asset Management LLC increased its stake in shares of BigBear.ai by 71.3% in the third quarter. Gotham Asset Management LLC now owns 24,368 shares of the company’s stock worth $37,000 after buying an additional 10,141 shares during the last quarter. Ground Swell Capital LLC bought a new stake in shares of BigBear.ai in the second quarter worth $41,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in shares of BigBear.ai by 64.0% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 19,492 shares of the company’s stock worth $42,000 after buying an additional 7,607 shares during the last quarter. 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.