Clear Street Group Inc. Boosts Stake in BigBear.ai Holdings, Inc. $BBAI

Clear Street Group Inc. lifted its position in shares of BigBear.ai Holdings, Inc. (NYSE:BBAIFree Report) by 245.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 614,096 shares of the company’s stock after acquiring an additional 436,250 shares during the quarter. Clear Street Group Inc. owned 0.14% of BigBear.ai worth $3,316,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Cantor Fitzgerald L. P. purchased a new stake in shares of BigBear.ai during the 3rd quarter worth about $1,756,000. M&T Bank Corp purchased a new position in BigBear.ai in the 4th quarter valued at about $5,576,000. AlphaQuest LLC purchased a new position in BigBear.ai in the 4th quarter valued at about $1,925,000. Vanguard Group Inc. lifted its stake in BigBear.ai by 32.6% in the 3rd quarter. Vanguard Group Inc. now owns 27,604,836 shares of the company’s stock valued at $179,984,000 after buying an additional 6,790,890 shares in the last quarter. Finally, UBS Group AG lifted its stake in BigBear.ai by 145.7% in the 4th quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock valued at $56,089,000 after buying an additional 6,158,665 shares in the last quarter. 7.55% of the stock is owned by hedge funds and other institutional investors.

BigBear.ai Stock Down 3.0%

BBAI stock opened at $4.02 on Friday. The company has a current ratio of 6.08, a quick ratio of 6.08 and a debt-to-equity ratio of 0.01. The firm has a 50-day moving average of $4.06 and a two-hundred day moving average of $4.73. BigBear.ai Holdings, Inc. has a 12 month low of $3.01 and a 12 month high of $9.39. The company has a market cap of $1.92 billion, a price-to-earnings ratio of -4.61 and a beta of 3.27.

Insiders Place Their Bets

In other BigBear.ai news, CFO Sean Raymond Ricker sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $4.33, for a total value of $43,300.00. Following the transaction, the chief financial officer directly owned 609,256 shares of the company’s stock, valued at $2,638,078.48. This trade represents a 1.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dorothy D. Hayes sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $4.11, for a total transaction of $61,650.00. Following the completion of the transaction, the director directly owned 204,150 shares in the company, valued at $839,056.50. This trade represents a 6.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 105,000 shares of company stock valued at $424,950 in the last ninety days. 0.57% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts recently weighed in on BBAI shares. Wall Street Zen raised shares of BigBear.ai from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. Cantor Fitzgerald decreased their price target on shares of BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 3rd. Finally, HC Wainwright decreased their price target on shares of BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a research note on Tuesday, March 3rd. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $5.50.

Read Our Latest Stock Analysis on BigBear.ai

BigBear.ai Profile

(Free Report)

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.

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Institutional Ownership by Quarter for BigBear.ai (NYSE:BBAI)

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