Quantitative Investment Management LLC Acquires Shares of 213,174 BigBear.ai Holdings, Inc. $BBAI

Quantitative Investment Management LLC acquired a new position in shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 213,174 shares of the company’s stock, valued at approximately $1,389,000.

Several other hedge funds also recently made changes to their positions in the company. Swiss National Bank boosted its holdings in shares of BigBear.ai by 51.1% in the second quarter. Swiss National Bank now owns 552,100 shares of the company’s stock valued at $3,749,000 after acquiring an additional 186,600 shares in the last quarter. XTX Topco Ltd raised its holdings in BigBear.ai by 980.7% during the second quarter. XTX Topco Ltd now owns 368,938 shares of the company’s stock worth $2,505,000 after purchasing an additional 334,799 shares in the last quarter. PFG Investments LLC purchased a new position in BigBear.ai during the third quarter worth about $1,593,000. JPMorgan Chase & Co. lifted its position in BigBear.ai by 3,252.7% in the second quarter. JPMorgan Chase & Co. now owns 2,398,419 shares of the company’s stock valued at $16,285,000 after purchasing an additional 2,326,883 shares during the period. Finally, Thoroughbred Financial Services LLC boosted its holdings in BigBear.ai by 328.1% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 137,000 shares of the company’s stock valued at $930,000 after purchasing an additional 105,000 shares in the last quarter. Institutional investors and hedge funds own 7.55% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on BBAI. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday, January 21st. Wall Street Zen cut BigBear.ai from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. HC Wainwright decreased their price target on BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a research note on Tuesday, March 3rd. Finally, Cantor Fitzgerald dropped their price objective on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, BigBear.ai presently has a consensus rating of “Hold” and an average target price of $5.50.

BigBear.ai Trading Down 2.5%

Shares of BBAI opened at $4.04 on Friday. BigBear.ai Holdings, Inc. has a twelve month low of $2.36 and a twelve month high of $9.39. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $1.92 billion, a P/E ratio of -4.04 and a beta of 3.49. The firm’s 50-day moving average is $4.93 and its two-hundred day moving average is $5.81.

BigBear.ai (NYSE:BBAI) last posted its quarterly earnings results on Monday, March 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.04. The company had revenue of $27.30 million during the quarter, compared to the consensus estimate of $33.31 million. BigBear.ai had a negative net margin of 230.21% and a negative return on equity of 18.22%. The company’s revenue for the quarter was down 37.7% on a year-over-year basis. During the same period last year, the firm earned ($0.43) EPS. On average, research analysts predict that BigBear.ai Holdings, Inc. will post -0.28 earnings per share 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.