Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. BigBear.ai Holdings Inc shares valued at $556,298 were sold by BBAI Ultimate Holdings, LLC on Dec 19 ’24. At $3.63 per share, BBAI Ultimate Holdings, LLC sold 153,250 shares. The insider’s holdings dropped to 70,233,518 shares worth approximately $261.97 million following the completion of this transaction.
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Also, BBAI Ultimate Holdings, LLC purchased 153,250 shares, netting a total of over 479,672 in proceeds.
Before that, BBAI Ultimate Holdings, LLC had added 2,860,843 shares to its account. In a trade valued at $9,726,866, the 10% Owner bought BigBear.ai Holdings Inc shares for $3.40 each.
As published in their initiating research note from Cantor Fitzgerald on January 09, 2024, BigBear.ai Holdings Inc [BBAI] has been an Overweight and the price target has been revised to $3. Analysts at TD Cowen started covering the stock with ‘”a Market perform”‘ outlook in a report released in early October. As of August 29, 2023, H.C. Wainwright has initiated its “Buy” rating for BBAI. Earlier on August 10, 2022, Oppenheimer downgraded its rating. Their new recommendation was “a Perform” for BBAI stock which previously was a “an Outperform”.
Analyzing BBAI Stock Performance
During the last five days, there has been a surge of approximately 6.76%. Over the course of the year, BigBear.ai Holdings Inc shares have jumped approximately 69.63%. Shares of the company reached a 52-week high of $4.80 on 03/04/24 and a 52-week low of $1.16 on 08/05/24. A 50-day SMA is recorded $2.23, while a 200-day SMA reached $1.74. Nevertheless, trading volume fell to 49.68 million shares from 51.44 million shares the previous day.
Support And Resistance Levels for BigBear.ai Holdings Inc (BBAI)
According to the 24-hour chart, there is a support level at 3.32, which, if violated, would cause prices to drop to 2.90. In the upper region, resistance lies at 3.95. The next price resistance is at 4.16. RSI (Relative Strength Index) is 63.45 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.23, which suggests the price will decrease in the coming days. Percent R is at 36.71%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
