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 business’s stock in a transaction that occurred on 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 sale, the director now owns 137,838 shares of the company’s stock, valued at $614,757.48. The trade was a 24.53 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

BigBear.ai Price Performance

Shares of BBAI stock opened at $4.22 on Friday. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of -4.63 and a beta of 3.21. The business’s fifty day moving average is $3.24 and its 200 day moving average is $2.13. BigBear.ai Holdings, Inc. has a twelve month low of $1.16 and a twelve month high of $5.20. 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 (NYSE:BBAI) last issued its quarterly earnings results on Tuesday, November 5th. The company reported ($0.05) earnings per share 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 company had revenue of $41.51 million for the quarter, compared to analysts’ expectations of $45.04 million. During the same period in the prior year, the firm earned $0.03 earnings per share. The firm’s revenue for the quarter was up 22.1% on a year-over-year basis. Research analysts expect that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

Institutional Investors Weigh In On BigBear.ai

Several institutional investors have recently modified their holdings of BBAI. Sovereign Financial Group Inc. purchased a new stake in shares of BigBear.ai during the third quarter valued at $36,000. Simon Quick Advisors LLC purchased a new stake in shares of BigBear.ai during the fourth quarter valued at $44,000. Bay Rivers Group purchased a new stake in shares of BigBear.ai during the fourth quarter valued at $48,000. XTX Topco Ltd purchased a new stake in shares of BigBear.ai during the second quarter valued at $58,000. Finally, Intech Investment Management LLC purchased a new stake in shares of BigBear.ai during the third quarter valued at $61,000. 7.55% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

BBAI has been the subject of a number of recent analyst reports. Cantor Fitzgerald restated an “overweight” rating and set a $3.50 target price on shares of BigBear.ai in a report on Wednesday, November 6th. HC Wainwright upped 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.