Sean Raymond Ricker Sells 14,063 Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI - Get Free Report) CAO Sean Raymond Ricker sold 14,063 shares of the firm's stock in a transaction dated Wednesday, May 7th. The stock was sold at an average price of $3.05, for a total transaction of $42,892.15. Following the completion of the transaction, the chief accounting officer now directly owns 270,061 shares in the company, valued at $823,686.05. This represents a 4.95 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Sean Raymond Ricker also recently made the following trade(s):

• On Monday, May 5th, Sean Raymond Ricker sold 10,000 shares of BigBear.ai stock. The shares were sold at an average price of $3.33, for a total value of $33,300.00.
• On Tuesday, April 1st, Sean Raymond Ricker sold 2,066 shares of BigBear.ai stock. The stock was sold at an average price of $2.90, for a total value of $5,991.40.
• On Tuesday, March 25th, Sean Raymond Ricker sold 36,166 shares of BigBear.ai stock. The stock was sold at an average price of $3.65, for a total transaction of $132,005.90.

BigBear.ai Stock Performance

BigBear.ai stock traded down $0.10 during trading hours on Friday, hitting $3.15. 44,093,471 shares of the stock traded hands, compared to its average volume of 27,864,901. BigBear.ai Holdings, Inc. has a 1 year low of $1.17 and a 1 year high of $10.36. The stock has a market capitalization of $917.25 million, a price-to-earnings ratio of -3.46 and a beta of 3.32. The company has a debt-to-equity ratio of 2.08, a current ratio of 2.06 and a quick ratio of 2.06. The firm's 50 day moving average price is $3.14 and its 200-day moving average price is $3.60.

BigBear.ai (NYSE:BBAI - Get Free Report) last issued its quarterly earnings results 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 analyst estimates 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 quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the company posted ($0.67) EPS. As a group, equities analysts expect that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

Institutional Investors Weigh In On BigBear.ai

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Barclays PLC grew its holdings in BigBear.ai by 310.3% during the third quarter. Barclays PLC now owns 141,766 shares of the company's stock worth $208,000 after acquiring an additional 107,214 shares during the period. Sovereign Financial Group Inc. boosted its position in BigBear.ai by 699.3% in the 4th quarter. Sovereign Financial Group Inc. now owns 199,815 shares of the company's stock worth $889,000 after purchasing an additional 174,815 shares in the last quarter. Grove Bank & Trust grew its stake in shares of BigBear.ai by 9,172.7% during the 4th quarter. Grove Bank & Trust now owns 102,000 shares of the company's stock worth $454,000 after purchasing an additional 100,900 shares during the period. Simon Quick Advisors LLC purchased a new position in shares of BigBear.ai during the 4th quarter valued at approximately $44,000. Finally, Bay Rivers Group acquired a new position in shares of BigBear.ai in the 4th quarter valued at $48,000. 7.55% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BBAI has been the topic of several analyst reports. Northland Securities lowered shares of BigBear.ai from an "outperform" rating to a "market perform" rating and lifted their price target for the stock from $2.50 to $4.00 in a report on Friday, March 7th. Northland Capmk lowered BigBear.ai from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 7th. Cantor Fitzgerald dropped their price target on 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 decreased their price objective on shares of BigBear.ai from $7.00 to $6.00 and set a "buy" rating for the company in a research 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.

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