BigBear.ai (NYSE:BBAI) Trading Down 2.1% – Here’s Why

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s stock price was down 2.1% during mid-day trading on Tuesday . The stock traded as low as $3.86 and last traded at $3.9650. Approximately 28,912,498 shares were traded during trading, a decline of 41% from the average daily volume of 48,595,840 shares. The stock had previously closed at $4.05.

Analyst Ratings Changes

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

BigBear.ai Trading Down 2.1%

The stock has a market capitalization of $1.90 billion, a price-to-earnings ratio of -4.56 and a beta of 3.27. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.08 and a current ratio of 6.08. The business has a 50-day moving average of $4.07 and a 200-day moving average of $4.71.

Insider Transactions at BigBear.ai

In related news, CFO Sean Raymond Ricker sold 10,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was 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. This represents a 1.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dorothy D. Hayes sold 15,000 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $4.11, for a total value 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. This trade represents a 6.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.57% of the stock is owned by corporate insiders.

Institutional Trading of BigBear.ai

A number of large investors have recently made changes to their positions in the company. Empowered Funds LLC acquired a new stake in shares of BigBear.ai in the 1st quarter valued at about $53,000. DV Trading LLC boosted its position in shares of BigBear.ai by 160.8% in the 1st quarter. DV Trading LLC now owns 13,344 shares of the company’s stock valued at $47,000 after purchasing an additional 8,227 shares during the period. Amundi acquired a new stake in shares of BigBear.ai in the 1st quarter valued at about $74,000. California State Teachers Retirement System boosted its position in shares of BigBear.ai by 30.4% in the 1st quarter. California State Teachers Retirement System now owns 541,731 shares of the company’s stock valued at $1,907,000 after purchasing an additional 126,303 shares during the period. Finally, Quantinno Capital Management LP boosted its position in shares of BigBear.ai by 108.0% in the 1st quarter. Quantinno Capital Management LP now owns 34,010 shares of the company’s stock valued at $120,000 after purchasing an additional 17,660 shares during the period. 7.55% of the stock is 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.