BigBear.ai Holdings, Inc. (NYSE:BBAI) Shares Acquired by Harbour Investments Inc.

Harbour Investments Inc. boosted its position in BigBear.ai Holdings, Inc. (NYSE:BBAI) by 1,406.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 129,596 shares of the company’s stock after acquiring an additional 120,996 shares during the quarter. Harbour Investments Inc.’s holdings in BigBear.ai were worth $577,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its holdings in shares of BigBear.ai by 28.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,158,438 shares of the company’s stock valued at $3,152,000 after purchasing an additional 479,401 shares in the last quarter. State Street Corp raised its stake in BigBear.ai by 16.8% in 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 in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in BigBear.ai by 3.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 298,596 shares of the company’s stock worth $1,329,000 after buying an additional 8,879 shares during the last quarter. Sargent Investment Group LLC purchased a new position in shares of BigBear.ai in the 4th quarter valued at about $1,028,000. Finally, Sovereign Financial Group Inc. raised its position in shares of BigBear.ai by 699.3% during the 4th quarter. Sovereign Financial Group Inc. now owns 199,815 shares of the company’s stock worth $889,000 after acquiring an additional 174,815 shares in the last quarter. Hedge funds and other institutional investors own 7.55% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on BBAI shares. Cantor Fitzgerald lowered their price target on BigBear.ai from $8.00 to $6.00 and set an “overweight” rating for the company in a report on Friday, March 7th. HC Wainwright dropped their target price on shares of BigBear.ai from $7.00 to $6.00 and set a “buy” rating on the stock in a research report on Friday, March 7th. Northland Securities cut shares of BigBear.ai from an “outperform” rating to a “market perform” rating and boosted their price target for the company from $2.50 to $4.00 in a research report on Friday, March 7th. Finally, Northland Capmk lowered BigBear.ai from a “strong-buy” rating to a “hold” rating in a report on Friday, March 7th.

Insider Buying and Selling at BigBear.ai

In other news, Director Sean Bernard Battle sold 44,813 shares of the business’s 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 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Amanda Long sold 66,140 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $4.50, for a total value of $297,630.00. Following the sale, the chief executive officer now directly owns 2,445,449 shares of the company’s stock, valued at approximately $11,004,520.50. This represents a 2.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 310,953 shares of company stock worth $1,347,496. 1.40% of the stock is owned by company insiders.

BigBear.ai Stock Down 4.0 %

BBAI stock opened at $2.99 on Friday. The company has a market cap of $850.32 million, a price-to-earnings ratio of -3.28 and a beta of 3.12. The company has a fifty day moving average price of $5.13 and a 200 day moving average price of $3.24. The company has a debt-to-equity ratio of 2.08, a current ratio of 2.06 and a quick ratio of 2.06. BigBear.ai Holdings, Inc. has a 12 month low of $1.17 and a 12 month high of $10.36.

BigBear.ai Company 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.