Cantor Fitzgerald L. P. Invests $1.76 Million in BigBear.ai Holdings, Inc. $BBAI

Cantor Fitzgerald L. P. purchased a new stake in BigBear.ai Holdings, Inc. (NYSE:BBAI) in the 3rd quarter, Holdings Channel reports. The fund purchased 269,267 shares of the company’s stock, valued at approximately $1,756,000.

Other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in BigBear.ai by 32.6% during the third quarter. Vanguard Group Inc. now owns 27,604,836 shares of the company’s stock worth $179,984,000 after acquiring an additional 6,790,890 shares during the period. Jump Financial LLC acquired a new stake in BigBear.ai in the second quarter valued at $37,407,000. Two Sigma Investments LP boosted its position in shares of BigBear.ai by 165.5% during the 3rd quarter. Two Sigma Investments LP now owns 4,903,920 shares of the company’s stock worth $31,974,000 after purchasing an additional 3,056,597 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of BigBear.ai by 125.2% during the 2nd quarter. Geode Capital Management LLC now owns 5,074,311 shares of the company’s stock worth $34,456,000 after purchasing an additional 2,820,698 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of BigBear.ai by 3,252.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,398,419 shares of the company’s stock worth $16,285,000 after purchasing an additional 2,326,883 shares during the period. 7.55% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at BigBear.ai

In other news, Director Pamela Joyce Braden sold 80,000 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $4.00, for a total value of $320,000.00. Following the sale, the director directly owned 508,687 shares in the company, valued at $2,034,748. This represents a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.54% of the stock is owned by corporate insiders.

BigBear.ai Trading Down 3.7%

NYSE:BBAI opened at $3.82 on Thursday. BigBear.ai Holdings, Inc. has a 52-week low of $2.36 and a 52-week high of $9.39. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.16. The stock has a fifty day simple moving average of $4.77 and a 200-day simple moving average of $5.78. The company has a market capitalization of $1.82 billion, a PE ratio of -3.82 and a beta of 3.49.

BigBear.ai (NYSE:BBAI) last issued its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.04. The firm had revenue of $27.30 million for the quarter, compared to analysts’ expectations of $33.31 million. BigBear.ai had a negative net margin of 230.21% and a negative return on equity of 18.22%. The firm’s revenue was down 37.7% on a year-over-year basis. During the same period in the prior year, the company earned ($0.43) EPS. On average, equities research analysts expect that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on BBAI. Cantor Fitzgerald cut their price target on shares of BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. HC Wainwright decreased their price objective on shares of BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday, January 21st. Finally, Wall Street Zen cut shares of BigBear.ai from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, BigBear.ai has a consensus rating of “Hold” and a consensus target price of $5.50.

BigBear.ai Company Profile

BigBear.ai is a provider of artificial intelligence (AI) and data analytics solutions designed to deliver actionable insights for public sector and commercial clients. Headquartered in Columbia, Maryland, the company specializes in advanced analytics, machine learning, predictive modeling and network analysis to support decision-making in complex, data-rich environments. Its clientele spans defense and intelligence agencies, civil government organizations and enterprise businesses seeking to enhance mission outcomes and operational efficiency.

The company’s flagship offerings include an AI-driven analytics platform that integrates data engineering, algorithm development and visualization tools.