BigBear.ai Holdings Inc’s recent filing unveils that its Director BBAI Ultimate Holdings, LLC unloaded Company’s shares for reported $5.77 million on Nov 22 ’24. In the deal valued at $2.42 per share,2,382,851 shares were sold. As a result of this transaction, BBAI Ultimate Holdings, LLC now holds 130,286,114 shares worth roughly $293.14 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, BBAI Ultimate Holdings, LLC sold 1,821,619 shares, generating $4,025,778 in total proceeds. Upon selling the shares at $2.21, the Director now owns 132,668,965 shares.
Before that, BBAI Ultimate Holdings, LLC bought 2,181,844 shares. BigBear.ai Holdings Inc shares valued at $5,345,518 were divested by the 10% Owner at a price of $2.45 per share.
Cantor Fitzgerald initiated its BigBear.ai Holdings Inc [BBAI] rating to an Overweight in a research note published on January 09, 2024; the price target was $3. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in early October with a ‘”a Market perform”‘ rating. H.C. Wainwright began covering BBAI with “Buy” recommendation on August 29, 2023. Oppenheimer revised its rating on August 10, 2022. It rated BBAI as “a Perform” which previously was an “an Outperform”.
Price Performance Review of BBAI
On Monday, BigBear.ai Holdings Inc [NYSE:BBAI] saw its stock fall -8.16% to $2.25. Over the last five days, the stock has gained 27.84%. BigBear.ai Holdings Inc shares have risen nearly 5.14% since the year began. Nevertheless, the stocks have risen 20.97% over the past one year. While a 52-week high of $4.80 was reached on 03/04/24, a 52-week low of $1.16 was recorded on 08/05/24. SMA at 50 days reached $1.69, while 200 days put it at $1.73.
Levels Of Support And Resistance For BBAI Stock
The 24-hour chart illustrates a support level at 2.10, which if violated will result in even more drops to 1.94. On the upside, there is a resistance level at 2.52. A further resistance level may holdings at 2.78. The Relative Strength Index (RSI) on the 14-day chart is 63.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.93%. Stochastics %K at 82.05% indicates the stock is a selling.
How much short interest is there in BigBear.ai Holdings Inc?
A steep rise in short interest was recorded in BigBear.ai Holdings Inc stocks on 2024-10-31, dropping by -0.62 million shares to a total of 20.61 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 21.23 million shares. There was a decline of -3.02%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on March 28, 2022 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating along with a $10 price target.
