BigBear.ai (NYSE:BBAI) Shares Down 1.7% – What’s Next?

BigBear.ai Holdings, Inc. (NYSE:BBAI) was down 1.7% during mid-day trading on Tuesday . The company traded as low as $3.75 and last traded at $3.8550. Approximately 25,365,723 shares were traded during trading, a decline of 48% from the average daily volume of 48,485,742 shares. The stock had previously closed at $3.92.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on BBAI shares. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a report on Monday, April 20th. HC Wainwright lowered their price target on shares of BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Wall Street Zen raised shares of BigBear.ai from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Cantor Fitzgerald lowered their price target on shares of BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $5.50.

BigBear.ai Trading Down 1.7%

The company has a debt-to-equity ratio of 0.01, a current ratio of 6.08 and a quick ratio of 6.08. The firm has a market capitalization of $1.85 billion, a PE ratio of -4.43 and a beta of 3.25. The company’s fifty day simple moving average is $3.80 and its 200-day simple moving average is $4.95.

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

Insider Transactions at BigBear.ai

In other news, Director Pamela Joyce Braden sold 80,000 shares of the stock in a transaction dated 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 directly owned 508,687 shares in the company, valued at $2,034,748. This represents a 13.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Dorothy D. Hayes sold 15,000 shares of the stock in a transaction dated 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 owned 204,150 shares of the company’s stock, valued at $839,056.50. This trade represents a 6.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.57% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On BigBear.ai

Hedge funds have recently modified their holdings of the business. CWM LLC raised its position in shares of BigBear.ai by 237.5% in the third quarter. CWM LLC now owns 4,640 shares of the company’s stock valued at $30,000 after buying an additional 3,265 shares during the last quarter. Hazlett Burt & Watson Inc. raised its position in shares of BigBear.ai by 3,355.6% in the third quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock valued at $32,000 after buying an additional 4,832 shares during the last quarter. Root Financial Partners LLC raised its position in shares of BigBear.ai by 617.5% in the fourth quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock valued at $29,000 after buying an additional 4,631 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of BigBear.ai by 150.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock valued at $30,000 after buying an additional 3,392 shares during the last quarter. Finally, HM Payson & Co. raised its position in shares of BigBear.ai by 616.9% in the fourth quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock valued at $39,000 after buying an additional 6,169 shares during the last quarter. 7.55% of the stock is currently owned by institutional investors and hedge funds.

About BigBear.ai

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.