Viawealth LLC Invests $68,000 in BigBear.ai Holdings, Inc. $BBAI

Viawealth LLC acquired a new stake in shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 10,000 shares of the company’s stock, valued at approximately $68,000.

Several other hedge funds and other institutional investors also recently modified their holdings of BBAI. Nisa Investment Advisors LLC grew its holdings in shares of BigBear.ai by 68.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 6,222 shares of the company’s stock valued at $42,000 after purchasing an additional 2,527 shares during the last quarter. Flaharty Asset Management LLC bought a new stake in shares of BigBear.ai during the 1st quarter valued at about $26,000. Allworth Financial LP grew its stake in BigBear.ai by 36.6% in the second quarter. Allworth Financial LP now owns 9,765 shares of the company’s stock worth $66,000 after purchasing an additional 2,615 shares during the period. Enterprise Bank & Trust Co purchased a new position in BigBear.ai during the 2nd quarter valued at about $68,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in shares of BigBear.ai in the 2nd quarter worth approximately $68,000. Hedge funds and other institutional investors own 7.55% of the company’s stock.

Insider Transactions at BigBear.ai

In other news, Director Dorothy D. Hayes sold 22,000 shares of the stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $6.08, for a total value of $133,760.00. Following the sale, the director directly owned 236,150 shares in the company, valued at approximately $1,435,792. This trade represents a 8.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.54% of the stock is currently owned by company insiders.

BigBear.ai Stock Down 2.7%

Shares of NYSE BBAI opened at $6.03 on Thursday. BigBear.ai Holdings, Inc. has a 12-month low of $2.05 and a 12-month high of $10.36. The stock has a market cap of $2.63 billion, a PE ratio of -4.24 and a beta of 3.42. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 0.18. The company has a 50-day moving average of $6.79 and a 200 day moving average of $5.93.

BigBear.ai (NYSE:BBAI) last released its quarterly earnings data on Monday, November 10th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.01). BigBear.ai had a negative net margin of 274.70% and a negative return on equity of 26.11%. The business had revenue of $33.14 million during the quarter, compared to analyst estimates of $31.82 million. During the same quarter in the prior year, the company posted ($0.05) earnings per share. The company’s revenue was down 20.1% on a year-over-year basis. BigBear.ai has set its FY 2025 guidance at EPS. As a group, sell-side analysts predict that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. HC Wainwright restated a “buy” rating and issued a $8.00 price target on shares of BigBear.ai in a research note on Tuesday, November 11th. Wall Street Zen upgraded BigBear.ai from a “strong sell” rating to a “hold” rating in a report on Saturday, November 15th. Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday, October 8th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $7.00 price target on shares of BigBear.ai in a research note on Tuesday, November 11th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $6.33.

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.