BigBear.ai Set to Release Quarterly Earnings This Thursday

BigBear.ai, operating under the ticker BBAI on the New York Stock Exchange, is expected to reveal its quarterly earnings results after the trading day concludes on Thursday, March 7th. Market analysts are projecting that the company will report a loss of $0.07 per share for that quarter.

Recent Trading Activity for BigBear.ai

Recently, BigBear.ai stock displayed significant growth, with a notable increase of 25.1%. On the past Tuesday, the stock price opened at $4.33. The company has seen its stock fluctuate over the past year, reaching a low of $1.16, while achieving a high of $4.80. Currently, BigBear.ai boasts a market capitalization of $679.03 million, a price-to-earnings (PE) ratio standing at -8.49, and a beta figure of 3.85, which indicates above-average market volatility. The firm's 50-day moving average is calculated at $2.10, alongside a 200-day moving average of $1.76.

Insider Trading within BigBear.ai

In the realm of insider trades, Director Raluca Dinu made a sale of 13,029 BigBear.ai shares at an average price of $1.92 per share on Friday, December 15th, resulting in a total transaction value of $25,015.68. Post-transaction, Dinu now directly holds 773,374 shares of the company, equating to a value of approximately $1,484,878.08. This sale has been officially filed with the Securities & Exchange Commission (SEC), and the documentation is accessible via the SEC website. Adding to that, Director Avi S. Katz parted with 50,000 shares on Wednesday, December 13th, at an average price of $1.81 each, thereby totaling a sale of $90,500.00. Following this transaction, Katz's direct share ownership totals 786,403 shares, valued around $1,423,389.43. Insiders currently hold 2% of the company's shares.

BigBear.ai Draws Institutional Investors

BigBear.ai has caught the attention of numerous hedge funds which have recently adjusted their stakes in the company. Barclays PLC, for instance, significantly grew its BigBear.ai shareholdings by 734.9% in the fourth quarter, now owning 40,073 shares with a value of roughly $86,000. Nuveen Asset Management LLC increased its investment by acquiring an additional 6,383 shares, now holding 198,138 shares valued at $424,000. Steward Partners Investment Advisory LLC expanded its share ownership by 25.1%, now possessing 49,824 shares with an estimated value of $107,000. Moreover, Charles Schwab Investment Management Inc. raised its stake by 46.4%, reaching 112,959 shares valued at $242,000. Vanguard Group Inc. notably increased its holdings by 129.3% in the third quarter, now owning 1,901,954 shares with a total value of $2,872,000. Institutional investors collectively hold 1.47% of BigBear.ai's shares.

Analysts' Views on BigBear.ai

BigBear.ai has also been a subject of discussion among research analysts. Cantor Fitzgerald maintained an "overweight" rating and set a target price of $3.00 for the stock, while William Blair sustained a "market perform" rating. Both ratings were announced close to the company's earnings release.

About BigBear.ai

BigBear.ai Holdings, Inc specializes in artificial intelligence (AI) and machine learning applications tailored for decision support. With its Cyber & Engineering division, the company offers advanced technology and management consulting services, extensively in areas such as cloud engineering, enterprise IT, cybersecurity, and systems engineering.

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