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BigBear.ai Holdings Inc (BBAI) Is Down -13.08% in 2024 With Lots of Room to Run

BigBear.ai Holdings Inc (NYSE: BBAI) is -13.08% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BBAI stock was last observed hovering at around $1.96 in the last trading session, with the day’s loss setting it -0.1%.

Currently trading at $1.86, the stock is -27.58% and -18.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.1 million and changing -5.10% at the moment leaves the stock -1.38% off its SMA200. BBAI registered -6.06% loss for a year compared to 6-month gain of 23.18%. The firm has a 50-day simple moving average (SMA 50) of $4.15 and a 200-day simple moving average (SMA200) of -$16.86.

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The stock witnessed a -46.24% loss in the last 1 month and extending the period to 3 months gives it a -13.08%, and is -14.29% 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 6.76% over the week and 11.58% over the month.

BigBear.ai Holdings Inc (BBAI) has around 480 employees, a market worth around $293.14M and $155.16M in sales. Profit margin for the company is -38.90%. Distance from 52-week low is 60.34% and -61.21% 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 52.00% 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

92 institutions hold shares in BigBear.ai Holdings Inc (BBAI), with institutional investors hold 12.15% of the company’s shares. The shares outstanding are 157.29M, and float is at 51.25M with Short Float at 27.63%. Institutions hold 4.90% 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 Ricker Sean Raymond,the company’sChief Accounting Officer. SEC filings show that Ricker Sean Raymond sold 36,250 shares of the company’s common stock on Mar 27 ’24 at a price of $2.07 per share for a total of $75038.0. Following the sale, the insider now owns 99428.0 shares.

BigBear.ai Holdings Inc disclosed in a document filed with the SEC on Mar 20 ’24 that Ricker Sean Raymond (Chief Accounting Officer) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Mar 20 ’24 and was made at $2.16 per share for $10800.0. Following the transaction, the insider now directly holds 0.16 million shares of the BBAI stock.

Still, SEC filings show that on Mar 15 ’24, BBAI Ultimate Holdings, LLC (Director) disposed off 2,461,867 shares at an average price of $2.47 for $6.08 million. The insider now directly holds 141,966,365 shares of BigBear.ai Holdings Inc (BBAI).

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