Key Points
- BigBear.ai CFO Sean Raymond Ricker sold 10,000 shares on May 22 at an average price of $4.33, totaling $43,300. After the sale, he still held 609,256 shares worth about $2.64 million.
- The company’s latest earnings showed a smaller-than-expected loss, reporting EPS of -$0.01 versus analyst estimates of -$0.05. However, revenue came in below expectations at $27.3 million and fell 37.7% year over year.
- Wall Street sentiment remains mixed, with analysts currently holding an average rating of “Hold” and an average price target of $5.50. Recent firms have trimmed targets, reflecting cautious outlooks on the stock.
BigBear.ai Holdings, Inc. (NYSE:BBAI - Get Free Report) CFO Sean Raymond Ricker sold 10,000 shares of the business's stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $4.33, for a total value of $43,300.00. Following the completion of the sale, the chief financial officer owned 609,256 shares of the company's stock, valued at $2,638,078.48. This trade represents a 1.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
BigBear.ai Price Performance
Shares of NYSE BBAI opened at $4.17 on Wednesday. BigBear.ai Holdings, Inc. has a twelve month low of $3.01 and a twelve month high of $9.39. The company has a current ratio of 6.08, a quick ratio of 6.08 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $2.00 billion, a price-to-earnings ratio of -4.79 and a beta of 3.25. The business has a 50 day simple moving average of $3.80 and a 200-day simple moving average of $4.85.
BigBear.ai (NYSE:BBAI - Get Free Report) last issued its quarterly earnings results on Monday, March 2nd. The company reported ($0.01) earnings per share for the quarter, beating analysts' consensus estimates of ($0.05) by $0.04. BigBear.ai had a negative return on equity of 16.02% and a negative net margin of 226.69%.The business had revenue of $27.30 million during the quarter, compared to the consensus estimate of $33.31 million. During the same period in the previous year, the business earned ($0.43) EPS. The business's quarterly revenue was down 37.7% on a year-over-year basis. As a group, equities research analysts expect that BigBear.ai Holdings, Inc. will post -0.2 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on BBAI. HC Wainwright lowered their price target on BigBear.ai from $8.00 to $6.00 and set a "buy" rating for the company in a report on Tuesday, March 3rd. Wall Street Zen upgraded BigBear.ai from a "sell" rating to a "hold" rating in a report on Saturday, May 9th. Weiss Ratings reiterated a "sell (d-)" rating on shares of BigBear.ai in a report on Monday, April 20th. Finally, Cantor Fitzgerald lowered their price target on BigBear.ai from $6.00 to $5.00 and set a "neutral" rating for the company in a report on Tuesday, March 3rd. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $5.50.
Get Our Latest Stock Report on BigBear.ai
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the stock. Arizona State Retirement System grew its stake in BigBear.ai by 2.2% during the 3rd quarter. Arizona State Retirement System now owns 86,166 shares of the company's stock worth $562,000 after buying an additional 1,823 shares during the last quarter. Farther Finance Advisors LLC grew its stake in BigBear.ai by 6.4% during the 4th quarter. Farther Finance Advisors LLC now owns 31,207 shares of the company's stock worth $169,000 after buying an additional 1,865 shares during the last quarter. Wealthspan Partners LLC grew its stake in BigBear.ai by 16.0% during the 3rd quarter. Wealthspan Partners LLC now owns 16,350 shares of the company's stock worth $107,000 after buying an additional 2,250 shares during the last quarter. Principal Financial Group Inc. grew its stake in BigBear.ai by 11.8% during the 1st quarter. Principal Financial Group Inc. now owns 22,698 shares of the company's stock worth $80,000 after buying an additional 2,391 shares during the last quarter. Finally, Cornerstone Wealth Management LLC grew its stake in BigBear.ai by 30.9% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 13,085 shares of the company's stock worth $85,000 after buying an additional 3,085 shares during the last quarter. 7.55% of the stock is currently owned by institutional investors.
About BigBear.ai
(
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.
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