New insider activity at BigBearai Holdings ( (BBAI) ) has taken place on March 29, 2025.
Director PANGIAM ULTIMATE HOLDINGS, LLC has recently sold 5,150 shares of BigBearai Holdings stock, amounting to a total sale value of $18,076.
Recent Updates on BBAI stock
In the past 24 hours, BigBear.ai Holdings (BBAI) has experienced significant stock price fluctuations. The company filed to sell 3.77 million shares of common stock, which initially caused a sharp decline in its stock price by 13.2%, attributed to concerns over potential dilution and a delayed 10-K filing. The delay in filing the annual report is due to the need for additional time to reassess the accounting treatment of convertible notes, specifically the embedded conversion option in the 2026 Notes, in collaboration with its auditors. Despite the delay, BigBear.ai anticipates increased revenues and gross margins for 2024 but expects a significant increase in loss before income taxes. Following these announcements, the stock rebounded by 14.9% and 6.4% in subsequent trading sessions, likely due to investor optimism about the company’s revenue outlook and assurances that the accounting changes will not affect key financial metrics for prior periods.
More about BigBearai Holdings
YTD Price Performance: -25.55%
Average Trading Volume: 59,115,559
Technical Sentiment Signal: Sell
Current Market Cap: $884.4M