Wolverine Asset Management LLC Has $54,000 Stock Holdings in BigBear.ai Holdings, Inc. (NYSE:BBAI)

Wolverine Asset Management LLC lessened its holdings in shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) by 72.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 12,201 shares of the company’s stock after selling 32,353 shares during the period. Wolverine Asset Management LLC’s holdings in BigBear.ai were worth $54,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Simon Quick Advisors LLC acquired a new stake in BigBear.ai during the 4th quarter worth $44,000. Retirement Income Solutions Inc acquired a new position in shares of BigBear.ai in the 4th quarter valued at $47,000. Bay Rivers Group acquired a new position in shares of BigBear.ai in the 4th quarter valued at $48,000. Apollon Wealth Management LLC acquired a new position in shares of BigBear.ai in the 4th quarter valued at $65,000. Finally, Choreo LLC acquired a new position in shares of BigBear.ai in the 4th quarter valued at $67,000. Institutional investors and hedge funds own 7.55% of the company’s stock.

BigBear.ai Price Performance

Shares of NYSE BBAI opened at $5.96 on Tuesday. The firm has a market cap of $1.50 billion, a PE ratio of -6.54 and a beta of 3.17. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 2.08. BigBear.ai Holdings, Inc. has a 1-year low of $1.16 and a 1-year high of $10.36. The company has a fifty day moving average price of $5.06 and a 200 day moving average price of $2.94.

Insider Buying and Selling

In related news, Director Sean Bernard Battle sold 44,813 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $4.46, for a total value of $199,865.98. Following the completion of the transaction, the director now directly owns 137,838 shares of the company’s stock, valued at approximately $614,757.48. This represents a 24.53 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Amanda Long sold 200,000 shares of the company’s stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $4.25, for a total transaction of $850,000.00. Following the completion of the transaction, the chief executive officer now directly owns 2,583,254 shares of the company’s stock, valued at approximately $10,978,829.50. The trade was a 7.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 310,953 shares of company stock valued at $1,347,496. Company insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

BBAI has been the subject of several research analyst reports. Cantor Fitzgerald reissued an “overweight” rating and issued a $3.50 price target on shares of BigBear.ai in a report on Wednesday, November 6th. HC Wainwright boosted their price target on shares of BigBear.ai from $3.00 to $7.00 and gave the company a “buy” rating in a report on Monday, December 30th.

BigBear.ai Company Profile

BigBear.ai Holdings, Inc provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.