BigBear.ai (NYSE:BBAI) Trading 2.9% Higher – Time to Buy?

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares shot up 2.9% on Thursday . The company traded as high as $4.15 and last traded at $4.1350. 29,944,525 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 49,150,824 shares. The stock had previously closed at $4.02.

Analyst Ratings Changes

BBAI has been the subject of a number of recent research reports. 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 report on Tuesday, March 3rd. Wall Street Zen upgraded BigBear.ai from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research report on Monday, April 20th. Finally, HC Wainwright lowered their price target on BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a research report on Tuesday, March 3rd. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $5.50.

BigBear.ai Stock Performance

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 business’s 50 day moving average is $4.04 and its two-hundred day moving average is $4.75. The company has a market cap of $1.98 billion, a PE ratio of -4.75 and a beta of 3.27.

Insider Activity at BigBear.ai

In other BigBear.ai 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 transaction, the director directly owned 508,687 shares of the company’s stock, valued at $2,034,748. This trade represents a 13.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Sean Raymond Ricker sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $4.33, for a total value of $43,300.00. Following the completion of the sale, the chief financial officer directly owned 609,256 shares of the company’s stock, valued at $2,638,078.48. The trade was a 1.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 105,000 shares of company stock valued at $424,950. Corporate insiders own 0.57% of the company’s stock.

Institutional Trading of BigBear.ai

Several institutional investors have recently added to or reduced their stakes in the company. Van ECK Associates Corp bought a new stake in shares of BigBear.ai during the fourth quarter worth $46,675,000. Vanguard Group Inc. raised its holdings in BigBear.ai by 32.6% in the third quarter. Vanguard Group Inc. now owns 27,604,836 shares of the company’s stock worth $179,984,000 after purchasing an additional 6,790,890 shares in the last quarter. UBS Group AG grew its holdings in BigBear.ai by 145.7% in the fourth quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock worth $56,089,000 after purchasing an additional 6,158,665 shares during the last quarter. Two Sigma Investments LP boosted its holdings in BigBear.ai by 165.5% in the third quarter. Two Sigma Investments LP now owns 4,903,920 shares of the company’s stock worth $31,974,000 after acquiring an additional 3,056,597 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of BigBear.ai by 35.9% during the fourth quarter. Geode Capital Management LLC now owns 10,247,877 shares of the company’s stock worth $55,347,000 after buying an additional 2,706,195 shares during the period. Institutional investors own 7.55% of the company’s stock.

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.