BigBear.ai Holdings, Inc. (NYSE:BBAI) CAO Sells $132,005.90 in Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI) CAO Sean Raymond Ricker sold 36,166 shares of the company’s stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $3.65, for a total value of $132,005.90. Following the sale, the chief accounting officer now directly owns 223,070 shares in the company, valued at $814,205.50. This represents a 13.95 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

BigBear.ai Trading Down 9.3 %

BBAI opened at $3.19 on Thursday. The company has a debt-to-equity ratio of 2.08, a quick ratio of 2.06 and a current ratio of 2.06. BigBear.ai Holdings, Inc. has a one year low of $1.17 and a one year high of $10.36. The company has a market cap of $907.30 million, a P/E ratio of -3.50 and a beta of 3.12. The business’s 50-day simple moving average is $5.13 and its 200-day simple moving average is $3.31.

Institutional Trading of BigBear.ai

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cape Investment Advisory Inc. acquired a new position in shares of BigBear.ai in the 4th quarter valued at $40,000. Simon Quick Advisors LLC acquired a new position in BigBear.ai in the fourth quarter valued at $44,000. Captrust Financial Advisors purchased a new position in shares of BigBear.ai during the fourth quarter worth about $45,000. Retirement Income Solutions Inc acquired a new stake in shares of BigBear.ai during the fourth quarter worth about $47,000. Finally, Bay Rivers Group acquired a new stake in shares of BigBear.ai during the fourth quarter worth about $48,000. Institutional investors and hedge funds own 7.55% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Northland Securities downgraded BigBear.ai from an “outperform” rating to a “market perform” rating and upped their price target for the stock from $2.50 to $4.00 in a report on Friday, March 7th. Cantor Fitzgerald cut their target price 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. Northland Capmk downgraded shares of BigBear.ai from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 7th. Finally, HC Wainwright dropped their price objective on shares of BigBear.ai from $7.00 to $6.00 and set a “buy” rating on the stock in a research report on Friday, March 7th.

About BigBear.ai

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.