Bigbear.ai holdings sees $36.7 million in stock sales by major shareholders

BigBear.ai Holdings, Inc. (NYSE:BBAI), a company with a market capitalization of $1.05 billion and known for its high price volatility according to InvestingPro, recently saw significant stock sales by major shareholders, according to a recent SEC filing. The transactions, dated March 5 and March 6, involved the sale of a total of 8,238,383 shares of common stock at prices ranging from $4.31 to $4.61 per share, totaling approximately $36.7 million. The stock has shown remarkable strength with a 272% gain over the past six months.

The sales were conducted by entities associated with AE Industrial Partners, including Pangiam Ultimate Holdings, LLC and BBAI Ultimate Holdings, LLC. Following these transactions, the reporting entities still hold substantial shares in BigBear.ai, with 46,277,540 shares remaining. Despite showing a healthy current ratio of 2.06, indicating strong short-term liquidity, the company’s overall financial health score remains weak.

The filing notes that the price reported for these transactions is a weighted average, with shares sold in multiple transactions within the specified price range. The filing also clarifies that the entities and individuals involved disclaim beneficial ownership of the shares, except to the extent of their pecuniary interest.

These transactions are part of routine filings that provide transparency into stockholder activities, offering investors insight into the trading behaviors of significant shareholders.

In other recent news, BigBear.ai Holdings, Inc. reported fourth quarter earnings that fell short of analyst expectations. The company posted revenue of $43.8 million, which was an 8% increase year-over-year but still below the analyst consensus of $53.84 million. Adjusted earnings per share were reported at -$0.43, missing the estimated -$0.06. For the full year 2025, BigBear.ai projects revenue between $160 million and $180 million, which does not meet the $193.9 million forecasted by analysts. Despite these shortfalls, the company improved its gross margin to 37.4% in Q4 2024, up from 32.1% the previous year, and increased its ending backlog to $418 million, a 2.5 times rise from the prior year. The company has also made strides in reducing its net debt from $150 million to $27 million through warrant exercises and debt conversions. However, BigBear.ai cautioned that potential changes in U.S. government priorities could affect its 2025 outlook.

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