Insider Selling: BigBear.ai Holdings, Inc. (NYSE:BBAI) CFO Sells 45,924 Shares of Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI) CFO Julie Peffer sold 45,924 shares of the firm’s stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $3.48, for a total value of $159,815.52. Following the sale, the chief financial officer now owns 684,153 shares of the company’s stock, valued at $2,380,852.44. The trade was a 6.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Julie Peffer also recently made the following trade(s):

• On Thursday, May 8th, Julie Peffer sold 20,000 shares of BigBear.ai stock. The shares were sold at an average price of $3.25, for a total value of $65,000.00.

BigBear.ai Trading Down 4.9%

NYSE:BBAI opened at $3.66 on Friday. The company has a market capitalization of $1.07 billion, a P/E ratio of -4.02 and a beta of 3.32. The stock’s 50 day moving average price is $3.08 and its 200 day moving average price is $3.66. The company has a debt-to-equity ratio of 2.08, a quick ratio of 2.06 and a current ratio of 2.06. BigBear.ai Holdings, Inc. has a 52 week low of $1.17 and a 52 week high of $10.36.

BigBear.ai (NYSE:BBAI) last posted its 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). The business had revenue of $34.76 million during the quarter, compared to the consensus estimate of $36.26 million. BigBear.ai had a negative return on equity of 138.35% and a negative net margin of 109.90%. The business’s revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.67) earnings per share. On average, research analysts forecast that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

Institutional Investors Weigh In On BigBear.ai

A number of large investors have recently bought and sold shares of the business. Invesco Ltd. raised its holdings in BigBear.ai by 8.3% during the fourth quarter. Invesco Ltd. now owns 21,149 shares of the company’s stock valued at $94,000 after buying an additional 1,629 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of BigBear.ai by 19.0% in the 4th quarter. Victory Capital Management Inc. now owns 14,576 shares of the company’s stock valued at $65,000 after acquiring an additional 2,332 shares in the last quarter. Deutsche Bank AG raised its stake in shares of BigBear.ai by 4.6% in the 4th quarter. Deutsche Bank AG now owns 55,055 shares of the company’s stock valued at $245,000 after acquiring an additional 2,427 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in BigBear.ai by 5.1% in the 4th quarter. Wells Fargo & Company MN now owns 78,458 shares of the company’s stock worth $349,000 after purchasing an additional 3,797 shares during the last quarter. Finally, Choreo LLC boosted its position in BigBear.ai by 25.3% during the first quarter. Choreo LLC now owns 18,817 shares of the company’s stock worth $54,000 after purchasing an additional 3,802 shares during the period. 7.55% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

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.