BigBear.ai Holdings, Inc. (NYSE:BBAI) Director Raluca Dinu Sells 26,076 Shares

BigBear.ai Holdings, Inc. (NYSE:BBAI - Get Free Report) Director Raluca Dinu sold 26,076 shares of the stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $2.51, for a total value of $65,450.76. Following the sale, the director now directly owns 747,298 shares in the company, valued at $1,875,717.98. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Raluca Dinu also recently made the following trade(s):

• On Wednesday, March 13th, Raluca Dinu sold 100,000 shares of BigBear.ai stock. The shares were sold at an average price of $2.58, for a total value of $258,000.00.
• On Friday, December 15th, Raluca Dinu sold 13,029 shares of BigBear.ai stock. The shares were sold at an average price of $1.92, for a total value of $25,015.68.

BigBear.ai Price Performance

BBAI stock traded up $0.12 during trading on Wednesday, hitting $2.45. The stock had a trading volume of 39,558,576 shares, compared to its average volume of 10,936,533. BigBear.ai Holdings, Inc. has a twelve month low of $1.16 and a twelve month high of $4.80. The stock has a market capitalization of $384.21 million, a P/E ratio of -5.83 and a beta of 3.86. The company's 50-day moving average price is $2.21 and its two-hundred day moving average price is $1.83.

BigBear.ai (NYSE:BBAI - Get Free Report) last posted its quarterly earnings data on Thursday, March 7th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.07). The company had revenue of $40.56 million during the quarter, compared to the consensus estimate of $42.75 million. During the same quarter last year, the firm posted ($0.23) EPS. The company's revenue was up .5% compared to the same quarter last year. As a group, sell-side analysts expect that BigBear.ai Holdings, Inc. will post -0.27 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Cantor Fitzgerald restated an "overweight" rating and set a $3.00 target price on shares of BigBear.ai in a research report on Monday, March 4th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Barclays PLC lifted its stake in BigBear.ai by 734.9% in the 4th quarter. Barclays PLC now owns 40,073 shares of the company's stock worth $86,000 after purchasing an additional 35,273 shares in the last quarter. Nuveen Asset Management LLC lifted its stake in BigBear.ai by 3.3% in the 4th quarter. Nuveen Asset Management LLC now owns 198,138 shares of the company's stock worth $424,000 after purchasing an additional 6,383 shares in the last quarter. Aristides Capital LLC purchased a new position in BigBear.ai in the 4th quarter worth approximately $308,000. Steward Partners Investment Advisory LLC raised its position in shares of BigBear.ai by 25.1% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 49,824 shares of the company's stock valued at $107,000 after buying an additional 10,000 shares during the period. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of BigBear.ai during the 4th quarter valued at approximately $26,000. 1.47% of the stock is owned by hedge funds and other institutional investors.

About BigBear.ai

BigBear.ai Holdings, Inc provides artificial intelligence and machine learning for decision support. The company operates through two segments, Cyber & Engineering and Analytics. The Cyber & Engineering segment offers high-end technology and management consulting services. It focuses in the areas of cloud engineering and enterprise IT, cybersecurity, computer network operations and wireless, systems engineering, and strategy and program planning.