BigBear.ai Holdings, Inc. (NYSE:BBAI) CAO Sean Raymond Ricker Sells 14,063 Shares

BigBear.ai Holdings, Inc. (NYSE:BBAI) CAO Sean Raymond Ricker sold 14,063 shares of BigBear.ai stock in a transaction that occurred on Wednesday, May 7th. The stock was sold at an average price of $3.05, for a total transaction of $42,892.15. Following the completion of the transaction, the chief accounting officer now directly owns 270,061 shares in the company, valued at $823,686.05. This represents a 4.95 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Monday, May 5th, Sean Raymond Ricker sold 10,000 shares of BigBear.ai stock. The stock was sold at an average price of $3.33, for a total transaction of $33,300.00.
• On Tuesday, April 1st, Sean Raymond Ricker sold 2,066 shares of BigBear.ai stock. The stock was sold at an average price of $2.90, for a total value of $5,991.40.
• On Tuesday, March 25th, Sean Raymond Ricker sold 36,166 shares of BigBear.ai stock. The stock was sold at an average price of $3.65, for a total value of $132,005.90.

BigBear.ai Trading Down 3.1 %

Shares of NYSE BBAI opened at $3.15 on Friday. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 2.08. BigBear.ai Holdings, Inc. has a one year low of $1.17 and a one year high of $10.36. The business has a 50-day moving average price of $3.11 and a two-hundred day moving average price of $3.61. The firm has a market capitalization of $917.25 million, a PE ratio of -3.46 and a beta of 3.32.

BigBear.ai (NYSE:BBAI) last posted its quarterly earnings results on Thursday, May 1st. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.04). BigBear.ai had a negative return on equity of 138.35% and a negative net margin of 109.90%. The company had revenue of $34.76 million for the quarter, compared to analyst estimates of $36.26 million. During the same quarter in the prior year, the business posted ($0.67) earnings per share. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. As a group, analysts predict that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on BBAI. Northland Securities cut BigBear.ai from an “outperform” rating to a “market perform” rating and lifted their price target for the stock from $2.50 to $4.00 in a research note on Friday, March 7th. Northland Capmk downgraded shares of BigBear.ai from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 7th. Cantor Fitzgerald reduced their price target on shares of BigBear.ai from $8.00 to $6.00 and set an “overweight” rating for the company in a research report on Friday, March 7th. Finally, HC Wainwright lowered their price objective on shares of BigBear.ai from $7.00 to $6.00 and set a “buy” rating on the stock in a research report on Friday, March 7th.

Institutional Trading of BigBear.ai

Hedge funds and other institutional investors have recently modified their holdings of the company. AE Industrial Partners LP purchased a new position in BigBear.ai in the fourth quarter valued at about $284,721,000. Vanguard Group Inc. increased its holdings in BigBear.ai by 9.2% in the first quarter. Vanguard Group Inc. now owns 6,325,571 shares of the company’s stock worth $18,091,000 after buying an additional 534,963 shares during the last quarter. Geode Capital Management LLC raised its position in BigBear.ai by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 2,197,296 shares of the company’s stock valued at $9,780,000 after acquiring an additional 38,858 shares in the last quarter. TFG Asset Management GP Ltd bought a new stake in BigBear.ai in the fourth quarter worth approximately $4,005,000. Finally, Northern Trust Corp increased its stake in shares of BigBear.ai by 10.5% during the 4th quarter. Northern Trust Corp now owns 839,503 shares of the company’s stock worth $3,736,000 after purchasing an additional 79,593 shares during the last quarter. 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.