BigBear.ai (NYSE:BBAI) CFO Sean Raymond Ricker Sells 10,000 Shares

BigBear.ai Holdings, Inc. (NYSE:BBAI) CFO Sean Raymond Ricker sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $4.33, for a total value of $43,300.00. Following the transaction, the chief financial officer directly owned 609,256 shares in the company, valued at $2,638,078.48. This trade represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

BigBear.ai Stock Performance

BigBear.ai stock opened at $4.17 on Wednesday. The stock’s 50 day moving average price is $3.80 and its 200 day moving average price is $4.85. The firm has a market capitalization of $2.00 billion, a PE ratio of -4.79 and a beta of 3.25. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.08 and a current ratio of 6.08. BigBear.ai Holdings, Inc. has a one year low of $3.01 and a one year high of $9.39.

BigBear.ai (NYSE:BBAI) last released its quarterly earnings results on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.04. The firm had revenue of $27.30 million for the quarter, compared to analyst estimates of $33.31 million. BigBear.ai had a negative return on equity of 16.02% and a negative net margin of 226.69%.BigBear.ai’s revenue for the quarter was down 37.7% on a year-over-year basis. During the same period in the previous year, the company posted ($0.43) EPS. As a group, sell-side analysts expect that BigBear.ai Holdings, Inc. will post -0.2 EPS for the current fiscal year.

Hedge Funds Weigh In On BigBear.ai

A number of institutional investors have recently made changes to their positions in BBAI. Root Financial Partners LLC raised its position in shares of BigBear.ai by 617.5% in the 4th quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock valued at $29,000 after purchasing an additional 4,631 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of BigBear.ai by 150.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock valued at $30,000 after purchasing an additional 3,392 shares in the last quarter. Hazlett Burt & Watson Inc. raised its position in shares of BigBear.ai by 3,355.6% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock valued at $32,000 after purchasing an additional 4,832 shares in the last quarter. HM Payson & Co. raised its position in shares of BigBear.ai by 616.9% in the 4th quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock valued at $39,000 after purchasing an additional 6,169 shares in the last quarter. Finally, Hollencrest Capital Management acquired a new position in shares of BigBear.ai in the 1st quarter valued at approximately $41,000. 7.55% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on BBAI. HC Wainwright reduced their price target on BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. Wall Street Zen raised BigBear.ai from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Cantor Fitzgerald cut their target price on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a research report on Monday, April 20th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $5.50.

BigBear.ai Company Profile

BigBear.ai is a provider of artificial intelligence (AI) and data analytics solutions designed to deliver actionable insights for public sector and commercial clients. Headquartered in Columbia, Maryland, the company specializes in advanced analytics, machine learning, predictive modeling and network analysis to support decision-making in complex, data-rich environments. Its clientele spans defense and intelligence agencies, civil government organizations and enterprise businesses seeking to enhance mission outcomes and operational efficiency.

The company’s flagship offerings include an AI-driven analytics platform that integrates data engineering, algorithm development and visualization tools.