Sean Raymond Ricker Sells 36,166 Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI) CAO Sean Raymond Ricker sold 36,166 shares of the stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $3.65, for a total transaction of $132,005.90. Following the sale, the chief accounting officer now directly owns 223,070 shares in the company, valued at $814,205.50. This trade represents a 13.95 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

BigBear.ai Price Performance

Shares of BBAI traded down $0.33 during trading hours on Wednesday, hitting $3.19. 34,058,315 shares of the stock were exchanged, compared to its average volume of 22,056,711. The stock’s 50-day moving average price is $5.14 and its two-hundred day moving average price is $3.31. BigBear.ai Holdings, Inc. has a 12-month low of $1.17 and a 12-month high of $10.36. The company has a debt-to-equity ratio of 2.08, a quick ratio of 2.06 and a current ratio of 2.06. The company has a market cap of $907.30 million, a price-to-earnings ratio of -3.50 and a beta of 3.12.

Institutional Investors Weigh In On BigBear.ai

A number of large investors have recently modified their holdings of BBAI. Cape Investment Advisory Inc. purchased a new position in shares of BigBear.ai in the fourth quarter worth about $40,000. Simon Quick Advisors LLC purchased a new position in BigBear.ai in the 4th quarter worth approximately $44,000. Captrust Financial Advisors acquired a new position in shares of BigBear.ai during the 4th quarter worth approximately $45,000. Retirement Income Solutions Inc purchased a new stake in shares of BigBear.ai in the fourth quarter valued at approximately $47,000. Finally, Bay Rivers Group acquired a new stake in shares of BigBear.ai in the fourth quarter valued at approximately $48,000. Hedge funds and other institutional investors own 7.55% of the company’s stock.

Analyst Ratings Changes

BBAI has been the topic of several recent analyst reports. Northland Capmk lowered shares of BigBear.ai from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 7th. Cantor Fitzgerald lowered their price target on BigBear.ai from $8.00 to $6.00 and set an “overweight” rating on the stock in a research report on Friday, March 7th. Northland Securities lowered BigBear.ai from an “outperform” rating to a “market perform” rating and raised their price objective for the company from $2.50 to $4.00 in a report on Friday, March 7th. Finally, HC Wainwright reduced their target price on BigBear.ai from $7.00 to $6.00 and set a “buy” rating for the company in a research note on Friday, March 7th.

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.