PFG Investments LLC Takes Position in BigBear.ai Holdings, Inc. $BBAI

PFG Investments LLC acquired a new position in shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 244,350 shares of the company’s stock, valued at approximately $1,593,000. PFG Investments LLC owned approximately 0.06% of BigBear.ai as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in BBAI. Invesco Ltd. boosted its stake in BigBear.ai by 26.4% in the 1st quarter. Invesco Ltd. now owns 26,728 shares of the company’s stock worth $76,000 after purchasing an additional 5,579 shares during the period. AQR Capital Management LLC acquired a new stake in shares of BigBear.ai in the 1st quarter valued at about $88,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of BigBear.ai by 54.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 456,661 shares of the company’s stock valued at $1,306,000 after purchasing an additional 160,096 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of BigBear.ai by 441.1% during the first quarter. NewEdge Advisors LLC now owns 74,318 shares of the company’s stock worth $213,000 after buying an additional 60,583 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of BigBear.ai by 569.0% during the first quarter. Goldman Sachs Group Inc. now owns 2,340,713 shares of the company’s stock worth $6,694,000 after buying an additional 1,990,822 shares during the period. 7.55% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at BigBear.ai

In related news, Director Dorothy D. Hayes sold 22,000 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $6.08, for a total value of $133,760.00. Following the completion of 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Sean Raymond Ricker sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $7.06, for a total value of $35,300.00. Following the transaction, the chief financial officer directly owned 488,716 shares in the company, valued at approximately $3,450,334.96. This trade represents a 1.01% decrease in their position. The SEC filing for this sale provides additional information. 0.54% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday. Wall Street Zen downgraded shares of BigBear.ai from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. Cantor Fitzgerald lowered shares of BigBear.ai from an “overweight” rating to a “neutral” rating and cut their price objective for the stock from $7.00 to $6.00 in a research report on Wednesday, January 7th. Finally, HC Wainwright restated a “buy” rating and set a $8.00 target price on shares of BigBear.ai in a report on Tuesday, November 11th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $6.00.

BigBear.ai Trading Down 1.8%

NYSE BBAI opened at $5.83 on Friday. BigBear.ai Holdings, Inc. has a 12 month low of $2.36 and a 12 month high of $10.36. 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 stock has a 50 day moving average of $6.05 and a 200-day moving average of $6.36. The company has a market cap of $2.54 billion, a PE ratio of -4.10 and a beta of 3.46.

BigBear.ai (NYSE:BBAI) last posted its quarterly earnings results on Monday, November 10th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.01). The firm had revenue of $33.14 million for the quarter, compared to the consensus estimate of $31.82 million. BigBear.ai had a negative return on equity of 26.11% and a negative net margin of 274.70%.The business’s revenue was down 20.1% compared to the same quarter last year. During the same period last year, the company posted ($0.05) earnings per share. On average, equities research analysts anticipate that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

About BigBear.ai

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.