AlphaQuest LLC Purchases Shares of 356,421 BigBear.ai Holdings, Inc. $BBAI

AlphaQuest LLC purchased a new stake in BigBear.ai Holdings, Inc. (NYSE:BBAI) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 356,421 shares of the company’s stock, valued at approximately $1,925,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its position in BigBear.ai by 150.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock valued at $30,000 after buying an additional 3,392 shares during the period. Hazlett Burt & Watson Inc. boosted its position in BigBear.ai by 3,355.6% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock valued at $32,000 after buying an additional 4,832 shares during the period. World Investment Advisors purchased a new position in BigBear.ai in the 4th quarter valued at approximately $52,000. Hantz Financial Services Inc. boosted its position in BigBear.ai by 2,242.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 8,200 shares of the company’s stock valued at $53,000 after buying an additional 7,850 shares during the period. Finally, M&T Bank Corp purchased a new position in BigBear.ai in the 4th quarter valued at approximately $55,000. Hedge funds and other institutional investors own 7.55% of the company’s stock.

Insider Activity

In other news, Director Pamela Joyce Braden sold 80,000 shares of the firm’s stock in a transaction 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 approximately $2,034,748. This trade represents a 13.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Sean Raymond Ricker sold 10,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $4.33, for a total transaction of $43,300.00. Following the completion of the sale, the chief financial officer owned 609,256 shares in the company, valued at $2,638,078.48. The trade was a 1.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 105,000 shares of company stock worth $424,950. 0.57% of the stock is currently owned by corporate insiders.

BigBear.ai Price Performance

Shares of BBAI opened at $4.38 on Thursday. BigBear.ai Holdings, Inc. has a twelve month low of $3.01 and a twelve month high of $9.39. The firm’s fifty day simple moving average is $3.81 and its 200-day simple moving average is $4.84. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of -5.03 and a beta of 3.25. The company has a current ratio of 6.08, a quick ratio of 6.08 and a debt-to-equity ratio of 0.01.

BigBear.ai (NYSE:BBAI) last announced its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.04. BigBear.ai had a negative net margin of 226.69% and a negative return on equity of 16.02%. The business had revenue of $27.30 million for the quarter, compared to analyst estimates of $33.31 million. During the same period last year, the business earned ($0.43) EPS. The company’s revenue was down 37.7% on a year-over-year basis. Equities analysts forecast that BigBear.ai Holdings, Inc. will post -0.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.