BigBear.ai Holdings, Inc. (NYSE:BBAI) CFO Julie Peffer Sells 50,000 Shares

BigBear.ai Holdings, Inc. (NYSE:BBAI - Get Free Report) CFO Julie Peffer sold 50,000 shares of the firm'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 approximately $2,790,273.20. This trade represents a 7.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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 transaction 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 transaction of $65,000.00.

BigBear.ai Stock Performance

BBAI stock traded up $0.31 on Friday, hitting $4.18. The company had a trading volume of 157,525,022 shares, compared to its average volume of 33,096,463. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 2.08. BigBear.ai Holdings, Inc. has a 12-month low of $1.17 and a 12-month high of $10.36. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of -4.59 and a beta of 3.32. The stock's 50-day simple moving average is $3.22 and its 200 day simple moving average is $3.82.

BigBear.ai (NYSE:BBAI - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.04). The business had revenue of $34.76 million during the quarter, compared to the consensus estimate of $36.26 million. BigBear.ai had a negative return on equity of 138.35% and a negative net margin of 109.90%. BigBear.ai's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter last year, the company earned ($0.67) EPS. As a group, equities research analysts expect that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current fiscal year.

Institutional Trading of BigBear.ai

Hedge funds and other institutional investors have recently modified their holdings of the company. Rhumbline Advisers boosted its holdings in BigBear.ai by 18.1% in the 1st quarter. Rhumbline Advisers now owns 132,012 shares of the company's stock worth $378,000 after buying an additional 20,187 shares during the period. Flaharty Asset Management LLC bought a new position in shares of BigBear.ai in the first quarter worth about $26,000. Goldman Sachs Group Inc. boosted its stake in shares of BigBear.ai by 569.0% in the first quarter. Goldman Sachs Group Inc. now owns 2,340,713 shares of the company's stock worth $6,694,000 after acquiring an additional 1,990,822 shares during the period. NewEdge Advisors LLC grew its position in shares of BigBear.ai by 441.1% during the first quarter. NewEdge Advisors LLC now owns 74,318 shares of the company's stock worth $213,000 after purchasing an additional 60,583 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in BigBear.ai by 54.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 456,661 shares of the company's stock valued at $1,306,000 after purchasing an additional 160,096 shares during the period. 7.55% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on BBAI shares. Northland Capmk lowered shares of BigBear.ai from a "strong-buy" rating to a "hold" rating in a report on Friday, March 7th. Northland Securities cut BigBear.ai from an "outperform" rating to a "market perform" rating and boosted their price target for the stock from $2.50 to $4.00 in a research note on Friday, March 7th. HC Wainwright lowered their price target on BigBear.ai from $7.00 to $6.00 and set a "buy" rating on the stock in a report on Friday, March 7th. Finally, Cantor Fitzgerald reduced their price objective on BigBear.ai from $8.00 to $6.00 and set an "overweight" rating for the company in a report on Friday, March 7th.

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.