BigBear.ai Holdings, Inc. $BBAI Stake Raised by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. increased its stake in BigBear.ai Holdings, Inc. (NYSE:BBAI) by 26.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 167,604 shares of the company’s stock after purchasing an additional 35,485 shares during the quarter. SBI Securities Co. Ltd. owned about 0.06% of BigBear.ai worth $1,138,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BBAI. Nisa Investment Advisors LLC raised its stake in 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 period. Flaharty Asset Management LLC acquired a new position in shares of BigBear.ai during the first quarter worth approximately $26,000. Allworth Financial LP grew its holdings in shares of BigBear.ai by 36.6% during the 2nd quarter. Allworth Financial LP now owns 9,765 shares of the company’s stock worth $66,000 after purchasing an additional 2,615 shares in the last quarter. Enterprise Bank & Trust Co bought a new position in BigBear.ai during the second quarter worth about $68,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of BigBear.ai in the 2nd quarter valued at $68,000. 7.55% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have weighed in on BBAI. Cantor Fitzgerald reissued an “overweight” rating and set a $7.00 price objective on shares of BigBear.ai in a report on Tuesday. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, October 8th. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $8.00 price objective on shares of BigBear.ai in a research report on Tuesday. 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. According to data from MarketBeat.com, BigBear.ai has an average rating of “Hold” and an average target price of $6.33.

BigBear.ai Price Performance

BBAI stock opened at $6.35 on Friday. BigBear.ai Holdings, Inc. has a 52-week low of $1.68 and a 52-week high of $10.36. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.91 and a current ratio of 3.13. The company has a market capitalization of $2.77 billion, a P/E ratio of -4.47 and a beta of 3.42. The company has a fifty day moving average price of $6.66 and a 200-day moving average price of $5.75.

BigBear.ai (NYSE:BBAI) last issued its quarterly earnings results on Monday, November 10th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.01). BigBear.ai had a negative return on equity of 26.11% and a negative net margin of 274.70%.The business had revenue of $33.14 million for the quarter, compared to analyst estimates of $31.82 million. During the same quarter in the previous year, the business posted ($0.05) earnings per share. The business’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, equities analysts expect that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current year.

Insider Activity at BigBear.ai

In other BigBear.ai news, CFO Sean Raymond Ricker sold 11,978 shares of BigBear.ai stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $5.35, for a total transaction of $64,082.30. Following the transaction, the chief financial officer directly owned 296,345 shares of the company’s stock, valued at $1,585,445.75. The trade was a 3.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.54% of the stock is currently owned by company insiders.

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.