U.S. stocks steady; Cook’s dismissal, Nvidia earnings in spotlight
Dorothy D. Hayes, a director at BigBear.ai Holdings, Inc. (NYSE:BBAI), has recently sold a portion of her holdings in the company. According to a Form 4 filing with the Securities and Exchange Commission, Hayes sold 16,000 shares of BigBear.ai common stock on March 12, 2025. The shares were sold at a price of $3.29 each, resulting in a total transaction value of $52,640. The sale comes amid significant price volatility for the $821 million market cap company, which has seen its shares trade between $1.17 and $10.36 over the past year. Despite recent market challenges, BBAI stock has posted an impressive 105% gain over the last six months.
Following this transaction, Hayes retains ownership of 281,239 shares in the company. InvestingPro analysis suggests the stock is currently trading above its Fair Value, with additional insights available through 10+ exclusive ProTips. The sale was executed directly, as indicated in the filing.
In other recent news, BigBear.ai secured a $13.2 million contract with the U.S. Department of Defense to enhance the ORION Decision Support Platform. This contract is intended to modernize the platform’s capabilities for better scalability and adaptability. BigBear.ai reported fourth-quarter revenue of $43.8 million, marking an 8% year-over-year increase but falling short of both company forecasts and analyst expectations. For 2025, the company projects revenue between $160 million and $180 million, which is below the $193.9 million anticipated by analysts.
Cantor Fitzgerald adjusted its price target for BigBear.ai to $6.00 from $8.00, while maintaining an Overweight rating. Similarly, H.C. Wainwright revised its price target to $6.00 from $7.00, retaining a Buy rating. Despite the reduced revenue outlook, both firms see potential in BigBear.ai’s long-term growth. The company ended the fourth quarter with a backlog valued at $480 million, a significant increase from the prior year. Additionally, BigBear.ai improved its financial position by reducing its debt-to-cash ratio to 1.2x from 4.0x.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.