BigBear.ai Holdings Inc (NYSE: BBAI) stock jumped 0.56% on Friday to $1.80 against a previous-day closing price of $1.79. With 1.72 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.3 million shares. During the session, the Information Technology Services company that operates in wider Technology sector, reached to the highest price of $1.8800 whereas the lowest price it dropped to was $1.7800. The 52-week range on BBAI shows that it touched its highest point at $6.77 and its lowest point at $0.58 during that stretch. It currently has a 1-year price target of $3.50. Beta for the stock currently stands at 3.13.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BBAI was up-trending over the past week, with a rise of 15.38%, but this was up by 33.33% over a month. Three-month performance surged to 30.43% while six-month performance fell -18.55%. The stock gained 81.82% in the past year, while it has gained 167.18% so far this year. A look at the trailing 12-month EPS for BBAI yields -0.54 with Next year EPS estimates of -0.20. For the next quarter, that number is -0.05. This implies an EPS growth rate of 71.84% for this year and 23.36% for next year.


Float and Shares Shorts:

At present, 117.07 million BBAI shares are outstanding with a float of 46.37 million shares on hand for trading. On Oct 30, 2023, short shares totaled 6.97 million, which was 4.44% higher than short shares on Sep 28, 2023. In addition to Ms. Amanda Long as the firm’s CEO & Director, Ms. Julie Peffer serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 4.20% of BBAI’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 70.42% of BBAI, in contrast to 5.29% held by mutual funds. Shares owned by individuals account for 2.74%. As the largest shareholder in BBAI with 1.62% of the stake, BlackRock Fund Advisors holds 2,525,249 shares worth 2,525,249. A second-largest stockholder of BBAI, Bank of America, NA, holds 2,352,271 shares, controlling over 1.51% of the firm’s shares. The Vanguard Group, Inc. is the third largest shareholder in BBAI, holding 1,834,147 shares or 1.18% stake. With a 0.54% stake in BBAI, the Vanguard Extended Market Index Fu is the largest stakeholder. A total of 847,209 shares are owned by the mutual fund manager. The Vanguard Total Stock Market ETF, which owns about 0.48% of BBAI stock, is the second-largest Mutual Fund holder. It holds 739,669 shares valued at 0.94 million. iShares Russell 2000 ETF holds 0.46% of the stake in BBAI, owning 711,827 shares worth 0.9 million.


Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BBAI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With BBAI analysts setting a high price target of $4.50 and a low target of $2.00, the average target price over the next 12 months is $3.50. Based on these targets, BBAI could surge 150.0% to reach the target high and rise by 11.11% to reach the target low. Reaching the average price target will result in a growth of 94.44% from current levels.

Summary of Insider Activity:

Insiders traded BBAI stock several times over the past three months with 0 Buys and 3 Sells. In these transactions, 0 shares were bought while 1,229 shares were sold. The number of buy transactions has increased to 27 while that of sell transactions has risen to 40 over the past year. The total number of shares bought during that period was 3,411,984 while 10,969,489 shares were sold.

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