BigBear.ai Holdings, Inc. $BBAI Stock Position Lifted by Headlands Technologies LLC

Headlands Technologies LLC grew its position in BigBear.ai Holdings, Inc. (NYSE:BBAI) by 351.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 512,339 shares of the company’s stock after acquiring an additional 398,936 shares during the quarter. Headlands Technologies LLC owned approximately 0.11% of BigBear.ai worth $1,880,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Root Financial Partners LLC lifted its position in shares of BigBear.ai by 617.5% in the 4th quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock worth $29,000 after buying an additional 4,631 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of BigBear.ai by 150.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock valued at $30,000 after buying an additional 3,392 shares during the last quarter. HM Payson & Co. raised its stake in BigBear.ai by 616.9% during the fourth quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock worth $39,000 after acquiring an additional 6,169 shares during the period. A&I Financial Services LLC acquired a new stake in BigBear.ai during the second quarter worth about $37,000. Finally, Hodges Capital Management Inc. bought a new position in BigBear.ai in the fourth quarter worth about $54,000. Institutional investors and hedge funds own 7.55% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on BBAI shares. Wall Street Zen cut BigBear.ai from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Cantor Fitzgerald lowered their price target on shares of BigBear.ai from $5.00 to $4.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a report on Friday, July 17th. 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $5.00.

BigBear.ai Stock Performance

Shares of BBAI stock opened at $3.14 on Tuesday. BigBear.ai Holdings, Inc. has a 12-month low of $2.59 and a 12-month high of $9.39. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.67 and a quick ratio of 5.67. The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of -14.95 and a beta of 3.35. The business has a 50 day simple moving average of $3.17 and a 200 day simple moving average of $3.69.

BigBear.ai (NYSE:BBAI) last announced its quarterly earnings results on Thursday, July 30th. The company reported ($0.05) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.05). BigBear.ai had a negative return on equity of 13.44% and a negative net margin of 65.20%.The company had revenue of $36.75 million during the quarter, compared to analyst estimates of $36.37 million. During the same quarter in the previous year, the firm posted ($0.71) EPS. The firm’s quarterly revenue was up 12.9% on a year-over-year basis. On average, equities research analysts anticipate that BigBear.ai Holdings, Inc. will post -0.22 EPS for the current year.

About BigBear.ai

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.