BigBear.ai (NYSE:BBAI) Stock Price Down 3.1% – What’s Next?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s stock price was down 3.1% on Tuesday . The stock traded as low as $4.06 and last traded at $4.1850. Approximately 34,689,219 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 49,305,637 shares. The stock had previously closed at $4.32.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on BBAI shares. Wall Street Zen upgraded shares of BigBear.ai from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. Cantor Fitzgerald lowered their price objective on shares of BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. Finally, HC Wainwright lowered their price objective on shares of BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, BigBear.ai has a consensus rating of “Hold” and an average price target of $5.50.

BigBear.ai Trading Up 3.9%

The firm’s 50-day moving average is $3.80 and its 200-day moving average is $4.99. The company has a current ratio of 6.08, a quick ratio of 6.08 and a debt-to-equity ratio of 0.01. The firm has a market cap of $2.10 billion, a price-to-earnings ratio of -5.03 and a beta of 3.25.

BigBear.ai (NYSE:BBAI) last posted its quarterly earnings results on Monday, March 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.04. BigBear.ai had a negative net margin of 226.69% and a negative return on equity of 16.02%. The business had revenue of $27.30 million during the quarter, compared to the consensus estimate of $33.31 million. During the same quarter last year, the firm posted ($0.43) EPS. BigBear.ai’s revenue was down 37.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that BigBear.ai Holdings, Inc. will post -0.2 EPS for the current fiscal year.

Insider Buying and Selling at BigBear.ai

In related news, Director Pamela Joyce Braden sold 80,000 shares of BigBear.ai stock in a transaction on Monday, March 16th. The shares were sold at an average price of $4.00, for a total value of $320,000.00. Following the completion of the sale, the director owned 508,687 shares of the company’s stock, valued at approximately $2,034,748. This trade represents a 13.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Dorothy D. Hayes sold 15,000 shares of BigBear.ai stock in a transaction on Friday, May 8th. The shares were sold at an average price of $4.11, for a total transaction of $61,650.00. Following the completion of the sale, the director directly owned 204,150 shares of the company’s stock, valued at approximately $839,056.50. The trade was a 6.84% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.57% of the company’s stock.

Institutional Trading of BigBear.ai

Several hedge funds have recently bought and sold shares of BBAI. Cantor Fitzgerald L. P. purchased a new position in BigBear.ai during the 3rd quarter worth $1,756,000. M&T Bank Corp purchased a new position in BigBear.ai during the 4th quarter worth $5,576,000. PFG Investments LLC purchased a new position in BigBear.ai during the 3rd quarter worth $1,593,000. Vanguard Group Inc. boosted its holdings in BigBear.ai by 32.6% during the 3rd quarter. Vanguard Group Inc. now owns 27,604,836 shares of the company’s stock worth $179,984,000 after acquiring an additional 6,790,890 shares during the last quarter. Finally, UBS Group AG boosted its holdings in BigBear.ai by 145.7% during the 4th quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock worth $56,089,000 after acquiring an additional 6,158,665 shares during the last quarter. Institutional investors and hedge funds own 7.55% of the company’s stock.

BigBear.ai Company Profile

BigBear.ai is a provider of artificial intelligence (AI) and data analytics solutions designed to deliver actionable insights for public sector and commercial clients. Headquartered in Columbia, Maryland, the company specializes in advanced analytics, machine learning, predictive modeling and network analysis to support decision-making in complex, data-rich environments. Its clientele spans defense and intelligence agencies, civil government organizations and enterprise businesses seeking to enhance mission outcomes and operational efficiency.

The company’s flagship offerings include an AI-driven analytics platform that integrates data engineering, algorithm development and visualization tools.