134,231 Shares in BigBear.ai Holdings, Inc. (NYSE:BBAI) Purchased by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. bought a new stake in BigBear.ai Holdings, Inc. (NYSE:BBAI - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 134,231 shares of the company's stock, valued at approximately $597,000. SBI Securities Co. Ltd. owned 0.05% of BigBear.ai at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Intech Investment Management LLC acquired a new position in BigBear.ai in the 3rd quarter worth approximately $61,000. State Street Corp increased its stake in shares of BigBear.ai by 16.8% in the third quarter. State Street Corp now owns 1,864,815 shares of the company's stock worth $2,723,000 after acquiring an additional 267,673 shares during the period. XTX Topco Ltd raised its holdings in shares of BigBear.ai by 57.9% during the third quarter. XTX Topco Ltd now owns 61,011 shares of the company's stock worth $89,000 after purchasing an additional 22,363 shares during the last quarter. Barclays PLC raised its holdings in shares of 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 purchasing an additional 107,214 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in BigBear.ai by 28.6% during the third quarter. Geode Capital Management LLC now owns 2,158,438 shares of the company's stock valued at $3,152,000 after purchasing an additional 479,401 shares during the period. Hedge funds and other institutional investors own 7.55% of the company's stock.

BigBear.ai Stock Performance

BBAI stock traded down $0.58 during midday trading on Thursday, hitting $4.22. 35,122,321 shares of the stock traded hands, compared to its average volume of 20,813,876. BigBear.ai Holdings, Inc. has a 1-year low of $1.17 and a 1-year high of $10.36. 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 stock's fifty day simple moving average is $5.29 and its 200-day simple moving average is $3.11. The firm has a market cap of $1.06 billion, a P/E ratio of -4.64 and a beta of 3.17.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on BBAI. Cantor Fitzgerald reissued an "overweight" rating and issued a $3.50 price objective on shares of BigBear.ai in a report on Wednesday, November 6th. HC Wainwright boosted their price target on BigBear.ai from $3.00 to $7.00 and gave the company a "buy" rating in a report on Monday, December 30th.

Insider Transactions at BigBear.ai

In other news, CEO Amanda Long sold 66,140 shares of the business's stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $4.50, for a total value of $297,630.00. Following the completion of the sale, the chief executive officer now directly owns 2,445,449 shares in the company, valued at $11,004,520.50. The trade was a 2.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Sean Bernard Battle sold 44,813 shares of the company's stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $4.46, for a total value of $199,865.98. Following the transaction, the director now directly owns 137,838 shares of the company's stock, valued at approximately $614,757.48. The trade was a 24.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 310,953 shares of company stock valued at $1,347,496 in the last ninety days. 1.40% of the stock is currently owned by corporate insiders.

BigBear.ai 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.