Janney Montgomery Scott LLC Sells 181,364 Shares of BigBear.ai Holdings, Inc. $BBAI

Janney Montgomery Scott LLC trimmed its position in BigBear.ai Holdings, Inc. (NYSE:BBAIFree Report) by 90.1% during the first quarter, HoldingsChannel.com reports. The firm owned 19,820 shares of the company’s stock after selling 181,364 shares during the quarter. Janney Montgomery Scott LLC’s holdings in BigBear.ai were worth $70,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of BBAI. Farther Finance Advisors LLC grew its holdings in shares of BigBear.ai by 6.4% during the fourth quarter. Farther Finance Advisors LLC now owns 31,207 shares of the company’s stock worth $169,000 after buying an additional 1,865 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in BigBear.ai by 150.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock valued at $30,000 after acquiring an additional 3,392 shares in the last quarter. NewEdge Advisors LLC lifted its stake in BigBear.ai by 3.4% in the 4th quarter. NewEdge Advisors LLC now owns 124,239 shares of the company’s stock valued at $671,000 after acquiring an additional 4,073 shares in the last quarter. Root Financial Partners LLC boosted its position in BigBear.ai by 617.5% during the 4th quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock worth $29,000 after acquiring an additional 4,631 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH boosted its position in BigBear.ai by 27.3% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 22,229 shares of the company’s stock worth $120,000 after acquiring an additional 4,767 shares during the last quarter. 7.55% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on BBAI shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a research report on Friday. Wall Street Zen upgraded shares of BigBear.ai from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, BigBear.ai presently has a consensus rating of “Hold” and a consensus target price of $5.50.

View Our Latest Report on BBAI

Insider Buying and Selling

In other news, CFO Sean Raymond Ricker sold 10,000 shares of BigBear.ai stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $4.33, for a total transaction of $43,300.00. Following the completion of the transaction, the chief financial officer directly owned 609,256 shares in the company, valued at approximately $2,638,078.48. The trade was a 1.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Dorothy D. Hayes sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $4.11, for a total value of $61,650.00. Following the transaction, the director directly owned 204,150 shares in the company, valued at $839,056.50. The trade was a 6.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.57% of the stock is owned by insiders.

BigBear.ai Stock Down 0.5%

Shares of BBAI stock opened at $2.83 on Tuesday. BigBear.ai Holdings, Inc. has a 52-week low of $2.77 and a 52-week high of $9.39. The stock has a market cap of $1.35 billion, a price-to-earnings ratio of -3.25 and a beta of 3.32. The firm’s 50-day moving average is $3.90 and its 200-day moving average is $4.23. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.08 and a current ratio of 6.08.

BigBear.ai Company Profile

(Free Report)

BigBear.ai is a provider of artificial intelligence (AI) and data analytics solutions designed to deliver actionable insights for public sector and commercial clients. Headquartered in Columbia, Maryland, the company specializes in advanced analytics, machine learning, predictive modeling and network analysis to support decision-making in complex, data-rich environments. Its clientele spans defense and intelligence agencies, civil government organizations and enterprise businesses seeking to enhance mission outcomes and operational efficiency.

The company’s flagship offerings include an AI-driven analytics platform that integrates data engineering, algorithm development and visualization tools.

Further Reading

Want to see what other hedge funds are holding BBAI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BigBear.ai Holdings, Inc. (NYSE:BBAIFree Report).

Institutional Ownership by Quarter for BigBear.ai (NYSE:BBAI)

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