Key Points
- Director Dorothy Hayes sold 22,000 shares at an average price of $6.08 on Nov. 18 for $133,760, trimming her position by 8.52% to 236,150 shares (about $1.436M).
- Recent quarter showed strain: BigBear.ai reported ($0.07) EPS (missed estimates), revenue of $33.14M (beat estimates) but down 20.1% year-over-year, with deeply negative net margin and ROE.
- Market and analyst backdrop: Shares traded near $6.38, market cap roughly $2.78B, and analysts hold a consensus “Hold” with a $6.33 target amid mixed ratings.
BigBear.ai Holdings, Inc. (NYSE:BBAI - Get Free Report) Director Dorothy Hayes sold 22,000 shares of the firm's stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $6.08, for a total transaction of $133,760.00. Following the completion of the sale, the director owned 236,150 shares of the company's stock, valued at $1,435,792. This trade represents a 8.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
BigBear.ai Price Performance
Shares of NYSE:BBAI traded up $0.54 during trading on Thursday, hitting $6.38. 17,009,931 shares of the stock were exchanged, compared to its average volume of 95,006,492. The company has a market cap of $2.78 billion, a PE ratio of -4.48 and a beta of 3.42. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 0.18. The company has a fifty day moving average price of $6.74 and a two-hundred day moving average price of $5.83. BigBear.ai Holdings, Inc. has a 12-month low of $2.02 and a 12-month high of $10.36.
BigBear.ai (NYSE:BBAI - Get Free Report) last issued its quarterly earnings data on Monday, November 10th. The company reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.01). BigBear.ai had a negative return on equity of 26.11% and a negative net margin of 274.70%.The business had revenue of $33.14 million for the quarter, compared to analysts' expectations of $31.82 million. During the same period last year, the business earned ($0.05) earnings per share. The company's revenue for the quarter was down 20.1% on a year-over-year basis. BigBear.ai has set its FY 2025 guidance at EPS. On average, analysts forecast that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current year.
Institutional Trading of BigBear.ai
Institutional investors have recently modified their holdings of the company. Goldman Sachs Group Inc. grew its holdings in shares of BigBear.ai by 569.0% during the first quarter. Goldman Sachs Group Inc. now owns 2,340,713 shares of the company's stock valued at $6,694,000 after purchasing an additional 1,990,822 shares during the last quarter. Baird Financial Group Inc. acquired a new position in BigBear.ai during the 1st quarter valued at approximately $286,000. Wedbush Securities Inc. bought a new position in BigBear.ai during the 2nd quarter worth $1,669,000. McGuire Investment Group LLC increased its position in BigBear.ai by 89.0% in the second quarter. McGuire Investment Group LLC now owns 86,658 shares of the company's stock worth $588,000 after buying an additional 40,806 shares during the period. Finally, Kingswood Wealth Advisors LLC lifted its stake in BigBear.ai by 48.5% in the second quarter. Kingswood Wealth Advisors LLC now owns 125,136 shares of the company's stock valued at $850,000 after buying an additional 40,893 shares during the last quarter. Hedge funds and other institutional investors own 7.55% of the company's stock.
Wall Street Analyst Weigh In
Several research analysts have weighed in on BBAI shares. Wall Street Zen upgraded BigBear.ai from a "strong sell" rating to a "hold" rating in a report on Saturday, November 15th. Weiss Ratings reiterated a "sell (d-)" rating on shares of BigBear.ai in a research report on Wednesday, October 8th. HC Wainwright reaffirmed a "buy" rating and set a $8.00 price objective on shares of BigBear.ai in a research note on Tuesday, November 11th. Finally, Cantor Fitzgerald reiterated an "overweight" rating and set a $7.00 price objective on shares of BigBear.ai in a report on Tuesday, November 11th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $6.33.
Check Out Our Latest Research Report on BBAI
About BigBear.ai
(
Get Free Report)
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.
Further Reading
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