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AE Industrial Partners Fund II LP, a major shareholder in BigBear.ai Holdings, Inc. (NYSE:BBAI), recently completed the sale of its shares in the company. The transaction occurred on March 15, 2024, and resulted in the sale of 2,461,867 shares at a weighted average price of $2.47. The total value of the shares sold was approximately $6.08 million.
The stock was sold in multiple transactions, with prices ranging from $2.44 to $2.56. Following the sale, AE Industrial Partners Fund II LP still holds the equivalent of his 141,966,365 shares in BigBear.ai Holdings, Inc. Please note that the ownership and disposition of these shares is controlled by Michael R. Greene and David H. Rowe. Managing member of AeroEquity GP, LLC. This entity is the general partner of AE Industrial Partners Fund II GP, LP and is also the general partner of several affiliated funds whose shares are collectively managed.
The Selling Entity may be deemed to be a director of BigBear.ai Holdings, Inc. on behalf of, along with Kirk Michael Konert and Jeffrey Hart, who are partners at AE Industrial Partners, LP. However, each company and individual disclaims beneficial ownership of the reported shares except to the extent of financial interest.
Investors and market watchers often pay close attention to such insider transactions, as they can provide valuable insight into a company’s performance and the trust level of key stakeholders. BigBear.ai Holdings, Inc., publicly traded under the ticker symbol BBAI, specializes in prepackaged software services, an area that continues to rapidly evolve as technology advances.
For more information regarding this transaction, interested parties should refer to the full disclosure provided by AE Industrial Partners Fund II LP on Form 4 filed with the Securities and Exchange Commission.
Investment Pro Insights
Given the recent sale of BigBear.ai Holdings, Inc. (NYSE:BBAI) stock by AE Industrial Partners Fund II LP, investors may be looking for further insight into the company’s financial health and market performance. there is. According to data from InvestingPro, BigBear.ai has a market capitalization of approximately $531.84 million. Although sales grew modestly by 0.51% in the final quarter of 2023, the P/E ratio for the same period was -9.19, indicating that the company’s profitability remains under scrutiny and it has not made a profit in the past 12 months.
Analysts are optimistic about BigBear.ai’s revenue growth this year, but don’t expect the company to turn a profit this year, according to InvestingPro Tips. Additionally, this stock is known for its high price volatility, as evidenced by its significant price increase of 38.12% over the past 6 months and strong return of 24.16% over the past 3 months. . This could attract investors looking for growth opportunities, albeit at a higher risk due to share price volatility.
For those considering investing in BigBear.ai or trying to understand the potential future trajectory of the stock’s price, the InvestingPro platform provides additional in-depth analysis and metrics. Several more InvestingPro Tips are now available that can provide a more comprehensive view of a company’s performance and outlook.Interested readers can use the coupon code pro news 24 Enjoy an additional 10% discount on annual or biennial Pro and Pro+ subscriptions, which include access to these valuable insights.
As BigBear.ai navigates the competitive landscape of packaged software services, these InvestingPro insights will help investors make informed decisions, especially in the context of insider transactions and the company’s growth prospects. may prove important.
This article was generated with the help of AI and reviewed by an editor. Please see our Terms of Use for more information.
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