15,015 Shares in BigBear.ai Holdings, Inc. (NYSE:BBAI) Purchased by Choreo LLC

Choreo LLC bought a new stake in BigBear.ai Holdings, Inc. (NYSE:BBAI) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 15,015 shares of the company’s stock, valued at approximately $67,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. State Street Corp lifted its stake in shares of BigBear.ai by 16.8% during the third quarter. State Street Corp now owns 1,864,815 shares of the company’s stock valued at $2,723,000 after buying an additional 267,673 shares during the period. Geode Capital Management LLC lifted its stake in shares of BigBear.ai by 28.6% during the 3rd quarter. Geode Capital Management LLC now owns 2,158,438 shares of the company’s stock worth $3,152,000 after purchasing an additional 479,401 shares during the period. Barclays PLC boosted its holdings in shares of BigBear.ai by 310.3% during the third quarter. Barclays PLC now owns 141,766 shares of the company’s stock worth $208,000 after purchasing an additional 107,214 shares during the last quarter. Sargent Investment Group LLC purchased a new stake in shares of BigBear.ai in the fourth quarter valued at $1,028,000. Finally, Grove Bank & Trust increased its stake in BigBear.ai by 9,172.7% in the fourth quarter. Grove Bank & Trust now owns 102,000 shares of the company’s stock valued at $454,000 after purchasing an additional 100,900 shares during the last quarter. 7.55% of the stock is currently owned by institutional investors and hedge funds.

BigBear.ai Trading Down 7.8 %

BBAI opened at $9.02 on Monday. The firm’s 50 day moving average is $4.50 and its 200-day moving average is $2.68. BigBear.ai Holdings, Inc. has a 52-week low of $1.16 and a 52-week high of $10.36. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 2.08. The firm has a market capitalization of $2.27 billion, a P/E ratio of -9.91 and a beta of 3.17.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. HC Wainwright increased their price objective on shares of BigBear.ai from $3.00 to $7.00 and gave the stock a “buy” rating in a report on Monday, December 30th. Cantor Fitzgerald reissued an “overweight” rating and set a $3.50 price objective on shares of BigBear.ai in a research note on Wednesday, November 6th.

Insider Buying and Selling at BigBear.ai

In other BigBear.ai news, CEO Amanda Long sold 66,140 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $4.50, for a total transaction of $297,630.00. Following the sale, the chief executive officer now owns 2,445,449 shares in the company, valued at $11,004,520.50. This represents a 2.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Sean Bernard Battle sold 44,813 shares of BigBear.ai stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $4.46, for a total value of $199,865.98. Following the completion of the transaction, the director now owns 137,838 shares of the company’s stock, valued at approximately $614,757.48. The trade was a 24.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 310,953 shares of company stock worth $1,347,496 in the last 90 days. 1.40% of the stock is owned by corporate 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.