Key Points
- Director Pamela Joyce Braden sold 80,000 shares at an average price of $4.00 on March 16 for $320,000, reducing her position by 13.59% to 508,687 shares (~$2.03M).
- BigBear.ai’s latest quarter showed EPS of ($0.01) beating estimates while revenue missed at $27.3M (down 37.7% YoY), leaving the company with negative margins and analysts forecasting roughly -$0.28 EPS for the fiscal year.
- The stock trades near $3.96 with a ~$1.88B market cap, carries mixed analyst ratings (average "Hold" and a $5.50 consensus target), and has seen notable institutional activity, including a large position increase by Goldman Sachs.
BigBear.ai Holdings, Inc. (NYSE:BBAI - Get Free Report) Director Pamela Joyce Braden sold 80,000 shares of the firm's stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $4.00, for a total transaction of $320,000.00. Following the transaction, the director owned 508,687 shares of the company's stock, valued at approximately $2,034,748. This represents a 13.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
BigBear.ai Stock Up 0.4%
NYSE BBAI opened at $3.96 on Tuesday. BigBear.ai Holdings, Inc. has a 1-year low of $2.36 and a 1-year high of $9.39. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of -3.96 and a beta of 3.49. The stock's 50 day moving average is $4.86 and its two-hundred day moving average is $5.80. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 0.16.
BigBear.ai (NYSE:BBAI - Get Free Report) last issued its earnings results on Monday, March 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.05) by $0.04. The business had revenue of $27.30 million during the quarter, compared to analysts' expectations of $33.31 million. BigBear.ai had a negative return on equity of 18.22% and a negative net margin of 230.21%.BigBear.ai's quarterly revenue was down 37.7% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.43) EPS. Equities analysts forecast that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current fiscal year.
Hedge Funds Weigh In On BigBear.ai
Institutional investors have recently bought and sold shares of the business. Invesco Ltd. lifted its position in BigBear.ai by 26.4% during the 1st quarter. Invesco Ltd. now owns 26,728 shares of the company's stock worth $76,000 after buying an additional 5,579 shares in the last quarter. AQR Capital Management LLC acquired a new stake in BigBear.ai in the 1st quarter valued at about $88,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in BigBear.ai by 54.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 456,661 shares of the company's stock valued at $1,306,000 after acquiring an additional 160,096 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of BigBear.ai by 441.1% in the first quarter. NewEdge Advisors LLC now owns 74,318 shares of the company's stock worth $213,000 after acquiring an additional 60,583 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position 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 worth $6,694,000 after purchasing an additional 1,990,822 shares in the last quarter. Institutional investors own 7.55% of the company's stock.
Analysts Set New Price Targets
A number of research analysts have issued reports on the company. Weiss Ratings reissued a "sell (d-)" rating on shares of BigBear.ai in a report on Wednesday, January 21st. Cantor Fitzgerald lowered their target price on shares of BigBear.ai from $6.00 to $5.00 and set a "neutral" rating on the stock in a report on Tuesday, March 3rd. Wall Street Zen cut shares of BigBear.ai from a "hold" rating to a "sell" rating in a research report on Saturday, January 10th. Finally, HC Wainwright cut their price target on shares of BigBear.ai from $8.00 to $6.00 and set a "buy" rating for the company in a report on Tuesday, March 3rd. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $5.50.
View Our Latest Research Report on BigBear.ai
BigBear.ai Company Profile
(
Get Free Report)
BigBear.ai is a provider of artificial intelligence (AI) and data analytics solutions designed to deliver actionable insights for public sector and commercial clients. Headquartered in Columbia, Maryland, the company specializes in advanced analytics, machine learning, predictive modeling and network analysis to support decision-making in complex, data-rich environments. Its clientele spans defense and intelligence agencies, civil government organizations and enterprise businesses seeking to enhance mission outcomes and operational efficiency.
The company’s flagship offerings include an AI-driven analytics platform that integrates data engineering, algorithm development and visualization tools.
Further Reading
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