Keynote Financial Services LLC Makes New $45,000 Investment in BigBear.ai Holdings, Inc. (NYSE:BBAI)

Keynote Financial Services LLC acquired a new position in shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 22,000 shares of the company’s stock, valued at approximately $45,000.

Several other large investors have also recently added to or reduced their stakes in BBAI. Vontobel Holding Ltd. increased its position in BigBear.ai by 22.2% during the 4th quarter. Vontobel Holding Ltd. now owns 44,000 shares of the company’s stock worth $94,000 after buying an additional 8,000 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in shares of BigBear.ai by 64.0% during the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 19,492 shares of the company’s stock worth $42,000 after purchasing an additional 7,607 shares in the last quarter. Powell Investment Advisors LLC grew its holdings in shares of BigBear.ai by 94.3% during the 4th quarter. Powell Investment Advisors LLC now owns 35,020 shares of the company’s stock worth $75,000 after purchasing an additional 17,000 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of BigBear.ai during the 4th quarter worth $26,000. Finally, Aristides Capital LLC acquired a new stake in shares of BigBear.ai during the 4th quarter worth $308,000. Institutional investors own 7.55% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright cut their price target on BigBear.ai from $5.00 to $3.00 and set a “buy” rating on the stock in a research note on Friday.

Insider Transactions at BigBear.ai

In other BigBear.ai news, Director Pamela Joyce Braden bought 140,939 shares of the stock in a transaction on Monday, June 3rd. The stock was acquired at an average cost of $1.49 per share, for a total transaction of $209,999.11. Following the completion of the acquisition, the director now owns 446,396 shares in the company, valued at approximately $665,130.04. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.40% of the stock is owned by corporate insiders.

BigBear.ai Trading Down 4.3 %

Shares of BBAI traded down $0.06 during mid-day trading on Friday, reaching $1.34. 4,151,137 shares of the company were exchanged, compared to its average volume of 2,979,085. BigBear.ai Holdings, Inc. has a 52 week low of $1.16 and a 52 week high of $4.80. The company has a debt-to-equity ratio of 1.90, a quick ratio of 1.98 and a current ratio of 1.98. The stock has a market capitalization of $329.75 million, a PE ratio of -1.49 and a beta of 3.52. The business has a 50 day simple moving average of $1.45 and a two-hundred day simple moving average of $1.80.

BigBear.ai (NYSE:BBAI) last issued its quarterly earnings data on Thursday, May 2nd. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.15). The firm had revenue of $33.12 million during the quarter, compared to the consensus estimate of $43.08 million. On average, analysts predict that BigBear.ai Holdings, Inc. will post -0.34 earnings per share for the current fiscal year.

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.