Swiss National Bank Purchases 186,600 Shares of BigBear.ai Holdings, Inc. $BBAI

Key Points

• Swiss National Bank raised its stake in BigBear.ai by 51.1%, buying 186,600 shares to reach 552,100 shares (about 0.19% of the company), valued at roughly $3.75 million.
• Director Dorothy D. Hayes sold 22,000 shares on Nov. 18, a reduction of 8.52%, leaving her with 236,150 shares worth about $1.44 million.
• BigBear.ai missed quarterly EPS estimates (reported a $0.07 loss vs. a $0.06 expected loss), posted revenue down 20.1% year‑over‑year, and reported a deeply negative net margin (‑274.7%).

Swiss National Bank grew its position in BigBear.ai Holdings, Inc. (NYSE:BBAI - Free Report) by 51.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 552,100 shares of the company's stock after purchasing an additional 186,600 shares during the period. Swiss National Bank owned approximately 0.19% of BigBear.ai worth $3,749,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Flaharty Asset Management LLC acquired a new stake in BigBear.ai in the 1st quarter valued at approximately $26,000. Alpine Global Management LLC bought a new position in shares of BigBear.ai during the 1st quarter worth approximately $34,000. Atria Wealth Solutions Inc. acquired a new stake in shares of BigBear.ai in the first quarter valued at approximately $42,000. Nisa Investment Advisors LLC raised its holdings in shares of BigBear.ai by 68.4% in the second quarter. Nisa Investment Advisors LLC now owns 6,222 shares of the company's stock valued at $42,000 after purchasing an additional 2,527 shares during the last quarter. Finally, Avantax Advisory Services Inc. bought a new stake in shares of BigBear.ai in the first quarter worth $49,000. 7.55% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other BigBear.ai news, Director Dorothy D. Hayes sold 22,000 shares of the company's stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $6.08, for a total value of $133,760.00. Following the transaction, the director directly owned 236,150 shares in the company, valued at $1,435,792. The trade was a 8.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is currently owned by company insiders.

BigBear.ai Price Performance

Shares of NYSE BBAI opened at $6.11 on Thursday. The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 0.18. The business's 50 day moving average price is $6.68 and its two-hundred day moving average price is $6.01. The company has a market cap of $2.67 billion, a PE ratio of -4.30 and a beta of 3.44. BigBear.ai Holdings, Inc. has a twelve month low of $2.36 and a twelve month high of $10.36.

BigBear.ai (NYSE:BBAI - Get Free Report) last released its quarterly earnings data on Monday, November 10th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.01). The business had revenue of $33.14 million during the quarter, compared to analyst estimates of $31.82 million. BigBear.ai had a negative net margin of 274.70% and a negative return on equity of 26.11%. The business's quarterly revenue was down 20.1% on a year-over-year basis. During the same period in the previous year, the business earned ($0.05) earnings per share. On average, analysts predict that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current year.

Wall Street Analyst Weigh In

BBAI has been the subject of a number of analyst reports. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $7.00 target price on shares of BigBear.ai in a research report on Tuesday, November 11th. HC Wainwright restated a "buy" rating and set a $8.00 price objective on shares of BigBear.ai in a research note on Tuesday, November 11th. Weiss Ratings restated a "sell (d-)" rating on shares of BigBear.ai in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded BigBear.ai from a "strong sell" rating to a "hold" rating in a report on Saturday, November 15th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, BigBear.ai currently has an average rating of "Hold" and a consensus target price of $6.33.

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.

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