Insider Selling: BigBear.ai Holdings, Inc. (NYSE:BBAI) CFO Sells $220,000.00 in Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI) CFO Julie Peffer sold 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $4.40, for a total value of $220,000.00. Following the transaction, the chief financial officer now directly owns 634,153 shares of the company’s stock, valued at $2,790,273.20. The trade was a 7.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Julie Peffer also recently made the following trade(s):

• On Tuesday, May 13th, Julie Peffer sold 45,924 shares of BigBear.ai stock. The shares were sold at an average price of $3.48, for a total value of $159,815.52.
• On Thursday, May 8th, Julie Peffer sold 20,000 shares of BigBear.ai stock. The shares were sold at an average price of $3.25, for a total value of $65,000.00.

BigBear.ai Price Performance

Shares of BBAI stock opened at $4.18 on Friday. The business’s fifty day moving average is $3.22 and its 200 day moving average is $3.82. 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 stock has a market cap of $1.22 billion, a price-to-earnings ratio of -4.59 and a beta of 3.32. BigBear.ai Holdings, Inc. has a twelve month low of $1.17 and a twelve month high of $10.36.

BigBear.ai (NYSE:BBAI) last released its earnings results on Thursday, May 1st. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.04). The business had revenue of $34.76 million during the quarter, compared to analysts’ expectations of $36.26 million. BigBear.ai had a negative return on equity of 138.35% and a negative net margin of 109.90%. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.67) earnings per share. Research analysts expect that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

Institutional Investors Weigh In On BigBear.ai

A number of hedge funds and other institutional investors have recently bought and sold shares of BBAI. Flaharty Asset Management LLC purchased a new position in shares of BigBear.ai during the first quarter valued at approximately $26,000. City State Bank purchased a new stake in shares of BigBear.ai in the 1st quarter worth approximately $29,000. Cornerstone Wealth Management LLC bought a new position in BigBear.ai during the 1st quarter valued at approximately $29,000. Blue Bell Private Wealth Management LLC raised its stake in BigBear.ai by 2,216.0% during the first quarter. Blue Bell Private Wealth Management LLC now owns 11,580 shares of the company’s stock valued at $33,000 after buying an additional 11,080 shares during the last quarter. Finally, Opal Wealth Advisors LLC bought a new stake in BigBear.ai in the first quarter worth $34,000. Hedge funds and other institutional investors own 7.55% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Cantor Fitzgerald reduced their price objective on shares of 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 cut shares of BigBear.ai from an “outperform” rating to a “market perform” rating and boosted their price target for the company from $2.50 to $4.00 in a research report on Friday, March 7th. Northland Capmk downgraded shares of BigBear.ai from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 7th. Finally, HC Wainwright lowered their price objective on shares of BigBear.ai from $7.00 to $6.00 and set a “buy” rating for the company in a report on Friday, March 7th.

About BigBear.ai

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.