BigBear.ai Holdings Inc (NYSE:BBAI) shares traded -5.53% lower at $2.39 on Wall Street last session.
BBAI stock price is now -46.60% away from the 50-day moving average and -14.78% away from the 200-day moving average. The market capitalization of the company currently stands at $690.73M.
With the price target enhanced from $2.50 to $4, Northland Capital Downgraded its rating from Outperform to Market Perform for BigBear.ai Holdings Inc (NYSE: BBAI). On December 30, 2024, H.C. Wainwright reiterated its ‘Buy’ rating on the stock by increasing its target price from $3 to quote $7, while ‘Cantor Fitzgerald’ rates the stock as ‘Overweight’
In other news, PANGIAM ULTIMATE HOLDINGS, LLC, Director sold 27,430,402 shares of the company’s stock on Apr 08 ’25. The stock was sold for $78,450,950 at an average price of $2.86. Upon completion of the transaction, the Director now directly owns 197,614 shares in the company, valued at $0.47 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 08 ’25, Shareholder PANGIAM ULTIMATE HOLDINGS, LLC bought 27,430,402 shares of the business’s stock. A total of $80,371,078 was incurred on buying the stock at an average price of $2.93. A total of 3.49% of the company’s stock is owned by insiders.
During the past 12 months, BigBear.ai Holdings Inc has had a low of $1.16 and a high of $10.36. The fifty day moving average price for BBAI is $4.476 and a two-hundred day moving average price translates $2.8044 for the stock.
The latest earnings results from BigBear.ai Holdings Inc (NYSE: BBAI) was released for 2024-12-31. The net profit margin was -162.48% and return on equity was -738.19% for BBAI. The company reported revenue of $43.83 million for the quarter, compared to $40.56 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.05 percent.
