Vontobel Holding Ltd. Takes $238,000 Position in BigBear.ai Holdings, Inc. (NYSE:BBAI)

Vontobel Holding Ltd. bought a new position in BigBear.ai Holdings, Inc. (NYSE:BBAI - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 53,460 shares of the company's stock, valued at approximately $238,000.

Several other hedge funds have also modified their holdings of BBAI. Simon Quick Advisors LLC acquired a new position in BigBear.ai during the 4th quarter valued at about $44,000. Bay Rivers Group acquired a new position in shares of BigBear.ai during the fourth quarter valued at about $48,000. Apollon Wealth Management LLC acquired a new stake in BigBear.ai in the 4th quarter worth approximately $65,000. Choreo LLC purchased a new stake in BigBear.ai during the 4th quarter worth approximately $67,000. Finally, Intech Investment Management LLC acquired a new position in BigBear.ai during the 3rd quarter valued at approximately $61,000. 7.55% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Amanda Long sold 200,000 shares of BigBear.ai stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $4.25, for a total transaction of $850,000.00. Following the completion of the transaction, the chief executive officer now directly owns 2,583,254 shares in the company, valued at approximately $10,978,829.50. This trade represents a 7.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 completion of the sale, the director now owns 137,838 shares in the company, valued at approximately $614,757.48. This represents a 24.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 310,953 shares of company stock valued at $1,347,496 over the last 90 days. Insiders own 1.40% of the company's stock.

BigBear.ai Stock Performance

BBAI traded down $0.31 during trading on Tuesday, reaching $5.63. 43,105,657 shares of the company's stock were exchanged, compared to its average volume of 67,493,172. The company's fifty day simple moving average is $5.10 and its 200-day simple moving average is $2.97. The stock has a market capitalization of $1.42 billion, a P/E ratio of -6.19 and a beta of 3.17. The company has a debt-to-equity ratio of 2.08, a current ratio of 2.06 and a quick ratio of 2.06. BigBear.ai Holdings, Inc. has a 1 year low of $1.16 and a 1 year high of $10.36.

Analyst Ratings Changes

Several equities research analysts have recently commented on BBAI shares. Cantor Fitzgerald reiterated an "overweight" rating and set a $3.50 price objective on shares of BigBear.ai in a research note on Wednesday, November 6th. HC Wainwright lifted their price target on BigBear.ai from $3.00 to $7.00 and gave the stock a "buy" rating in a research report on Monday, December 30th.

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.