BigBear.ai Holdings Inc (NYSE: BBAI) is 2.80% higher on its value in year-to-date trading and has touched a low of $1.16 and a high of $4.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BBAI stock was last observed hovering at around $2.21 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $2.20, the stock is -22.11% and -2.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.13 million and changing -0.45% at the moment leaves the stock 16.65% off its SMA200. BBAI registered 24.29% gain for a year compared to 6-month gain of 34.97%. The firm has a 50-day simple moving average (SMA 50) of $4.54 and a 200-day simple moving average (SMA200) of -$18.45.
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The stock witnessed a -0.45% loss in the last 1 month and extending the period to 3 months gives it a 14.58%, and is -5.58% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 13.75% over the week and 16.31% over the month.
BigBear.ai Holdings Inc (BBAI) has around 480 employees, a market worth around $346.72M and $155.16M in sales. Profit margin for the company is -38.90%. Distance from 52-week low is 89.66% and -54.12% from its 52-week high. The company has generated returns on investments over the last 12 months (-45.99%).
BigBear.ai Holdings Inc quarterly earnings per share for the current quarter are estimated at -$0.06 with sales reaching $43.74M over the same period.The EPS is expected to grow by 50.00% this year, but quarterly earnings will post 30.70% year-over-year. Quarterly sales are estimated to grow 3.80% in year-over-year returns.
BigBear.ai Holdings Inc (BBAI) Top Institutional Holders
91 institutions hold shares in BigBear.ai Holdings Inc (BBAI), with institutional investors hold 12.44% of the company’s shares. The shares outstanding are 157.29M, and float is at 40.39M with Short Float at 28.88%. Institutions hold 4.89% of the Float.
The top institutional shareholder in the company is Armistice Capital, LLC with over 7.5 million shares valued at $17.62 million. The investor’s holdings represent 4.81% of the BBAI Shares outstanding. As of Jun 29, 2023, the second largest holder is Bank of America Corporation with 2.68 million shares valued at $6.29 million to account for 1.72% of the shares outstanding. The other top investors are Blackrock Inc. which holds 2.07 million shares representing 1.33% and valued at over $4.86 million, while Vanguard Group Inc holds 0.53% of the shares totaling 0.83 million with a market value of $1.95 million.
BigBear.ai Holdings Inc (BBAI) Insider Activity
The most recent transaction is an insider sale by BBAI Ultimate Holdings, LLC,the company’sDirector. SEC filings show that BBAI Ultimate Holdings, LLC sold 2,461,867 shares of the company’s common stock on Mar 15 ’24 at a price of $2.47 per share for a total of $6.08 million. Following the sale, the insider now owns 141.97 million shares.
BigBear.ai Holdings Inc disclosed in a document filed with the SEC on Mar 15 ’24 that HAYES DOROTHY D (Director) sold a total of 12,000 shares of the company’s common stock. The trade occurred on Mar 15 ’24 and was made at $2.43 per share for $29194.0. Following the transaction, the insider now directly holds 0.21 million shares of the BBAI stock.
Still, SEC filings show that on Mar 14 ’24, BBAI Ultimate Holdings, LLC (Director) disposed off 8,009,447 shares at an average price of $2.55 for $20.42 million. The insider now directly holds 144,428,232 shares of BigBear.ai Holdings Inc (BBAI).
