BigBear.ai Holdings, Inc. (NYSE:BBAI) CEO Amanda Long Sells 66,140 Shares

BigBear.ai Holdings, Inc. (NYSE:BBAI) CEO Amanda Long sold 66,140 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $4.50, for a total transaction of $297,630.00. Following the completion of the transaction, the chief executive officer now owns 2,445,449 shares in the company, valued at approximately $11,004,520.50. This represents a 2.63 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Amanda Long also recently made the following trade(s):

• On Thursday, December 26th, Amanda Long sold 200,000 shares of BigBear.ai stock. The stock was sold at an average price of $4.25, for a total value of $850,000.00.

BigBear.ai Stock Performance

NYSE:BBAI opened at $3.31 on Thursday. BigBear.ai Holdings, Inc. has a 52 week low of $1.16 and a 52 week high of $5.20. The company has a fifty day simple moving average of $2.79 and a two-hundred day simple moving average of $1.96. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 2.08. The company has a market cap of $829.44 million, a price-to-earnings ratio of -3.64 and a beta of 3.21.

BigBear.ai (NYSE:BBAI) last announced its quarterly earnings data on Tuesday, November 5th. The company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.02. BigBear.ai had a negative return on equity of 138.35% and a negative net margin of 109.90%. The business had revenue of $41.51 million during the quarter, compared to the consensus estimate of $45.04 million. During the same period in the previous year, the company posted $0.03 earnings per share. The business’s revenue for the quarter was up 22.1% on a year-over-year basis. As a group, equities analysts anticipate that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on BBAI shares. Cantor Fitzgerald reiterated an “overweight” rating and issued a $3.50 price objective on shares of BigBear.ai in a report on Wednesday, November 6th. HC Wainwright boosted their price target on shares of BigBear.ai from $3.00 to $7.00 and gave the stock a “buy” rating in a research note on Monday, December 30th.

Institutional Investors Weigh In On BigBear.ai

Institutional investors have recently modified their holdings of the company. Sovereign Financial Group Inc. purchased a new position in BigBear.ai in the third quarter valued at $36,000. XTX Topco Ltd purchased a new position in shares of BigBear.ai in the 2nd quarter valued at about $58,000. Intech Investment Management LLC acquired a new stake in shares of BigBear.ai during the 3rd quarter worth about $61,000. The Manufacturers Life Insurance Company lifted its stake in BigBear.ai by 135.0% during the second quarter. The Manufacturers Life Insurance Company now owns 41,073 shares of the company’s stock worth $62,000 after purchasing an additional 23,597 shares during the last quarter. Finally, Koshinski Asset Management Inc. acquired a new position in BigBear.ai in the third quarter valued at approximately $131,000. 7.55% of the stock is owned by hedge funds and other institutional investors.

BigBear.ai Company Profile

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.