Marathon Trading Investment Management LLC Has $341,000 Holdings in BigBear.ai Holdings, Inc. $BBAI

Marathon Trading Investment Management LLC trimmed its holdings in shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) by 49.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,200 shares of the company’s stock after selling 49,800 shares during the period. Marathon Trading Investment Management LLC’s holdings in BigBear.ai were worth $341,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in BigBear.ai by 9.2% during the 1st quarter. Vanguard Group Inc. now owns 6,325,571 shares of the company’s stock worth $18,091,000 after buying an additional 534,963 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of BigBear.ai by 569.0% during the 1st 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. Cubist Systematic Strategies LLC bought a new stake in BigBear.ai during the first quarter worth $3,811,000. Caitong International Asset Management Co. Ltd lifted its stake in BigBear.ai by 1,956.4% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 796,038 shares of the company’s stock valued at $5,405,000 after purchasing an additional 757,328 shares during the last quarter. Finally, Headlands Technologies LLC bought a new position in shares of BigBear.ai during the 1st quarter worth approximately $1,806,000. Institutional investors own 7.55% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on BBAI shares. Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, October 8th. HC Wainwright dropped their target price on shares of BigBear.ai from $9.00 to $8.00 and set a “buy” rating for the company in a research report on Tuesday, August 12th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $6.00.

Insider Activity

In other news, CFO Sean Raymond Ricker sold 11,978 shares of BigBear.ai stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $5.35, for a total transaction of $64,082.30. Following the transaction, the chief financial officer owned 296,345 shares in the company, valued at approximately $1,585,445.75. The trade was a 3.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.54% of the company’s stock.

BigBear.ai Stock Performance

Shares of BBAI stock opened at $5.67 on Friday. The firm has a market capitalization of $2.48 billion, a price-to-earnings ratio of -3.94 and a beta of 3.42. The company has a current ratio of 1.91, a quick ratio of 1.91 and a debt-to-equity ratio of 0.42. The business’s 50-day moving average price is $6.55 and its 200-day moving average price is $5.65. BigBear.ai Holdings, Inc. has a 12 month low of $1.65 and a 12 month high of $10.36.

BigBear.ai (NYSE:BBAI) last issued its quarterly earnings data on Monday, August 11th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.01. BigBear.ai had a negative net margin of 269.28% and a negative return on equity of 48.11%. The business had revenue of $32.47 million during the quarter, compared to analyst estimates of $41.18 million. During the same quarter last year, the business earned ($0.06) EPS. The firm’s quarterly revenue was down 18.3% on a year-over-year basis. BigBear.ai has set its FY 2025 guidance at EPS. Equities research analysts forecast that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current year.

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.