Julie Peffer Sells 45,924 Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI - Get Free Report) CFO Julie Peffer sold 45,924 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $3.48, for a total value of $159,815.52. Following the completion of the transaction, the chief financial officer now directly owns 684,153 shares of the company's stock, valued at approximately $2,380,852.44. The trade was a 6.29% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

• 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 transaction of $65,000.00.

BigBear.ai Stock Up 9.5%

Shares of BBAI traded up $0.31 during mid-day trading on Tuesday, hitting $3.56. 97,540,780 shares of the company's stock were exchanged, compared to its average volume of 28,466,084. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of -3.91 and a beta of 3.32. The firm has a fifty day moving average of $3.08 and a two-hundred day moving average of $3.65. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 2.08. BigBear.ai Holdings, Inc. has a twelve month low of $1.17 and a twelve month high of $10.36.

BigBear.ai (NYSE:BBAI - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.04). The company had revenue of $34.76 million for the quarter, compared to analyst estimates of $36.26 million. BigBear.ai had a negative net margin of 109.90% and a negative return on equity of 138.35%. The business's revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the company posted ($0.67) EPS. On average, sell-side analysts forecast that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of BBAI. Oppenheimer & Co. Inc. bought a new position in BigBear.ai during the fourth quarter worth $325,000. Barclays PLC increased its stake in BigBear.ai by 310.3% during the third quarter. Barclays PLC now owns 141,766 shares of the company's stock valued at $208,000 after acquiring an additional 107,214 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in BigBear.ai by 3.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 298,596 shares of the company's stock valued at $1,329,000 after acquiring an additional 8,879 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of BigBear.ai by 198.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 93,220 shares of the company's stock worth $415,000 after acquiring an additional 61,998 shares during the period. Finally, Sargent Investment Group LLC acquired a new stake in shares of BigBear.ai during the 4th quarter worth approximately $1,028,000. Institutional investors and hedge funds own 7.55% of the company's stock.

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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