Sean Raymond Ricker Sells 36,166 Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) Stock

BigBear.ai Holdings, Inc. (NYSE:BBAI - Get Free Report) 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 Stock Down 0.5 %

Shares of NYSE BBAI traded down $0.02 during midday trading on Friday, hitting $3.05. 25,177,200 shares of the company's stock were exchanged, compared to its average volume of 22,295,682. The firm's fifty day simple moving average is $5.10 and its 200-day simple moving average is $3.33. The company has a market cap of $867.41 million, a PE ratio of -3.35 and a beta of 3.12. BigBear.ai Holdings, Inc. has a twelve month low of $1.17 and a twelve month 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.

Hedge Funds Weigh In On BigBear.ai

Several hedge funds have recently added to or reduced their stakes in BBAI. State Street Corp boosted its holdings in shares of BigBear.ai by 16.8% in the 3rd quarter. State Street Corp now owns 1,864,815 shares of the company's stock valued at $2,723,000 after buying an additional 267,673 shares in the last quarter. Geode Capital Management LLC boosted its stake in BigBear.ai by 28.6% in the third quarter. Geode Capital Management LLC now owns 2,158,438 shares of the company's stock valued at $3,152,000 after acquiring an additional 479,401 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new position in BigBear.ai in the fourth quarter valued at $325,000. Barclays PLC grew 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, Sargent Investment Group LLC acquired a new stake in shares of BigBear.ai during the fourth quarter worth about $1,028,000. 7.55% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Northland Capmk cut BigBear.ai from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 7th. Northland Securities downgraded 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 research note on Friday, March 7th. Cantor Fitzgerald dropped their price objective on shares of BigBear.ai from $8.00 to $6.00 and set an "overweight" rating on the stock in a research report 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.

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.