Susquehanna Financial Group LLLP recently announced the acquisition of new stake in BigBear.ai Holdings Inc. (NYSE:BBAI). This fresh investment now brings its stake to 0.08% valued currently at $63520.0. In addition, Millennium Management LLC raised its holdings by 49637.0 to 78553.0 shares. And UBS Securities LLC has lifted its position by 344.95% or 45247.0 shares – to 58364.0 shares.
With over 34.4 million BigBear.ai Holdings Inc. (BBAI) shares trading Monday and a closing price of $6.11 on the day, the dollar volume was approximately $210.16 million. The shares have shown a positive half year performance of 126.30% and its price on 02/06/23 gained nearly 17.73%. Currently, there are 126.27M common shares owned by the public and among those 4.27M shares have been available to trade.
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Insiders at the company have transacted a total of 25 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 14 of these insider trades were purchases, accounting for 4,309,461 shares. Insider sales of the common stock occurred on 11 occasions, with total insider shares sold totaling 19,175,441 shares.
The top 3 mutual fund holders in BigBear.ai Holdings Inc. are Black Diamond Distressed Opportun, Lumyna Funds – PSAM Global Event, and Marshall Wace UCITS Funds Plc – M. Black Diamond Distressed Opportun owns 0.27 million shares of the company’s stock, all valued at over $0.18 million. The company sold -0.16 million shares recently to bring their total holdings to about 0.21% of the shares outstanding. Marshall Wace UCITS Funds Plc – M bought 67287.0 shares to bring its total holdings to over 67287.0 shares at a value of $45331.0. Marshall Wace UCITS Funds Plc – M now owns shares totaling to 0.05% of the shares outstanding.
Shares of BigBear.ai Holdings Inc. (NYSE: BBAI) opened at $5.778, up $0.59 from a prior closing price of $5.19. However, the script later moved the day high at 6.77, up 17.73%. The company’s stock has a 5-day price change of 53.52% and 413.45% over the past three months. BBAI shares are trading 806.93% year to date (YTD), with the 12-month market performance up to 18.18% higher. It has a 12-month low price of $0.58 and touched a high of $16.12 over the same period. BBAI has an average intraday trading volume of 4.99 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 161.69%, 322.62%, and 100.99% respectively.
Institutional ownership of BigBear.ai Holdings Inc. (NYSE: BBAI) shares accounts for 2.40% of the company’s 126.27M shares outstanding. Mutual fund holders own 1.24%, while other institutional holders and individual stakeholders account for 94.30% and 0.44% respectively.
It has a market capitalization of $535.17M. The earnings-per-share (ttm) stands at -$1.60. Price movements for the stock have been influenced by the stock’s volatility, which stands at 35.89% over the week and 24.05% over the month.
Analysts forecast that BigBear.ai Holdings Inc. (BBAI) will achieve an EPS of -$0.09 for the current quarter, -$0.07 for the next quarter and -$0.32 for 2023. The lowest estimate earnings-per-share for the quarter is -$0.1 while analysts give the company a high EPS estimate of -$0.08. Earnings per share for the fiscal year are expected to increase by 29.60%, and 56.80% over the next financial year.
Oppenheimer coverage for the BigBear.ai Holdings Inc. (BBAI) stock in a research note released on March 28, 2022 offered a Outperform rating with a price target of $10.
