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

BigBear.ai Holdings, Inc. (NYSE:BBAI) CEO Amanda Long sold 66,140 shares of the business’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 value of $297,630.00. Following the transaction, the chief executive officer now directly owns 2,445,449 shares in the company, valued at $11,004,520.50. The trade was a 2.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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 transaction of $850,000.00.

BigBear.ai Stock Down 7.7 %

BBAI opened at $3.97 on Wednesday. The stock has a fifty day moving average of $2.76 and a 200-day moving average of $1.95. The company has a market capitalization of $994.83 million, a P/E ratio of -4.36 and a beta of 3.21. BigBear.ai Holdings, Inc. has a fifty-two week low of $1.16 and a fifty-two week high of $5.20. The company has a debt-to-equity ratio of 2.08, a quick ratio of 2.06 and a current ratio of 2.06.

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

Institutional Investors Weigh In On BigBear.ai

Institutional investors have recently made changes to their positions in the stock. Sovereign Financial Group Inc. bought a new position in BigBear.ai during the 3rd quarter worth $36,000. XTX Topco Ltd bought a new position in shares of BigBear.ai in the second quarter worth $58,000. Intech Investment Management LLC acquired a new position in BigBear.ai in the third quarter valued at about $61,000. The Manufacturers Life Insurance Company lifted its position 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 period. Finally, Koshinski Asset Management Inc. acquired a new stake in BigBear.ai during the third quarter worth about $131,000. 7.55% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

BBAI has been the subject of a number of research reports. HC Wainwright raised their target price 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. Cantor Fitzgerald restated an “overweight” rating and set a $3.50 price objective on shares of BigBear.ai in a report on Wednesday, November 6th.

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.