Insider Selling: BigBear.ai Holdings, Inc. (NYSE:BBAI) CAO Sells 36,166 Shares of Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI) CAO Sean Raymond Ricker sold 36,166 shares of the company’s stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $3.65, for a total transaction of $132,005.90. Following the completion of the transaction, the chief accounting officer now directly owns 223,070 shares in the company, valued at approximately $814,205.50. The trade was a 13.95 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

BigBear.ai Stock Down 0.5 %

Shares of BBAI opened at $3.05 on Friday. The firm has a market cap of $867.41 million, a P/E ratio of -3.35 and a beta of 3.12. BigBear.ai Holdings, Inc. has a 1 year low of $1.17 and a 1 year high of $10.36. The stock has a 50 day simple moving average of $5.10 and a two-hundred day simple moving average of $3.32. The company has a debt-to-equity ratio of 2.08, a current ratio of 2.06 and a quick ratio of 2.06.

Analyst Ratings Changes

BBAI has been the topic of a number of research analyst reports. Cantor Fitzgerald decreased their target price on BigBear.ai from $8.00 to $6.00 and set an “overweight” rating on the stock in a research note on Friday, March 7th. Northland Securities downgraded shares of BigBear.ai from an “outperform” rating to a “market perform” rating and raised their target price for the company from $2.50 to $4.00 in a research note on Friday, March 7th. Northland Capmk lowered shares of BigBear.ai from a “strong-buy” rating to a “hold” rating in a report on Friday, March 7th. Finally, HC Wainwright dropped their price objective on shares of BigBear.ai from $7.00 to $6.00 and set a “buy” rating for the company in a report on Friday, March 7th.

Hedge Funds Weigh In On BigBear.ai

A number of large investors have recently added to or reduced their stakes in BBAI. AE Industrial Partners LP purchased a new stake in BigBear.ai during the fourth quarter valued at about $284,721,000. Vanguard Group Inc. boosted its holdings in BigBear.ai by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 5,790,608 shares of the company’s stock valued at $25,768,000 after acquiring an additional 23,994 shares during the period. Geode Capital Management LLC grew its position in BigBear.ai by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 2,197,296 shares of the company’s stock worth $9,780,000 after acquiring an additional 38,858 shares during the last quarter. State Street Corp increased its stake in BigBear.ai by 16.8% in the 3rd quarter. State Street Corp now owns 1,864,815 shares of the company’s stock worth $2,723,000 after purchasing an additional 267,673 shares during the period. Finally, TFG Asset Management GP Ltd purchased a new position in BigBear.ai in the 4th quarter worth approximately $4,005,000. Hedge funds and other institutional investors own 7.55% of the company’s stock.

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.