BigBear.ai Holdings, Inc. $BBAI Shares Purchased by Headlands Technologies LLC

Headlands Technologies LLC raised its position in shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) by 351.8% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 512,339 shares of the company’s stock after purchasing an additional 398,936 shares during the quarter. Headlands Technologies LLC’s holdings in BigBear.ai were worth $1,880,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Two Sigma Securities LLC raised its position in BigBear.ai by 68.6% in the second quarter. Two Sigma Securities LLC now owns 31,864 shares of the company’s stock worth $117,000 after acquiring an additional 12,960 shares in the last quarter. GTS Securities LLC bought a new position in shares of BigBear.ai during the 2nd quarter valued at about $49,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of BigBear.ai by 6.3% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,295,272 shares of the company’s stock worth $4,754,000 after purchasing an additional 76,451 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of BigBear.ai in the 2nd quarter worth approximately $5,243,000. Finally, A&I Financial Services LLC bought a new stake in shares of BigBear.ai in the 2nd quarter worth approximately $37,000. 7.55% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a research report on Friday, July 17th. Cantor Fitzgerald decreased their target price on BigBear.ai from $5.00 to $4.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. Finally, Wall Street Zen lowered BigBear.ai from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $5.00.

BigBear.ai Stock Performance

BigBear.ai stock opened at $3.14 on Tuesday. BigBear.ai Holdings, Inc. has a fifty-two week low of $2.59 and a fifty-two week high of $9.39. The firm’s 50 day simple moving average is $3.17 and its 200-day simple moving average is $3.69. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.67 and a quick ratio of 5.67. The company has a market cap of $1.51 billion, a P/E ratio of -14.95 and a beta of 3.35.

BigBear.ai (NYSE:BBAI) last issued its quarterly earnings results on Thursday, July 30th. The company reported ($0.05) EPS for the quarter, meeting the consensus estimate of ($0.05). BigBear.ai had a negative net margin of 65.20% and a negative return on equity of 13.44%. The business had revenue of $36.75 million during the quarter, compared to the consensus estimate of $36.37 million. During the same quarter in the prior year, the firm earned ($0.71) EPS. The firm’s quarterly revenue was up 12.9% on a year-over-year basis. As a group, equities research analysts predict that BigBear.ai Holdings, Inc. will post -0.22 EPS for the current year.

BigBear.ai 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.