BigBear.ai (NYSE:BBAI) Shares Down 2.7% – What’s Next?

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares fell 2.7% on Monday . The stock traded as low as $3.77 and last traded at $3.8150. 30,695,812 shares were traded during mid-day trading, a decline of 36% from the average session volume of 48,121,391 shares. The stock had previously closed at $3.92.

Analyst Upgrades and Downgrades

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

BigBear.ai Stock Performance

The firm has a fifty day simple moving average of $4.10 and a 200-day simple moving average of $4.65. 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 stock has a market cap of $1.83 billion, a price-to-earnings ratio of -4.39 and a beta of 3.27.

Insiders Place Their Bets

In other news, CFO Sean Raymond Ricker sold 10,000 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $4.33, for a total transaction of $43,300.00. Following the transaction, the chief financial officer owned 609,256 shares of the company’s stock, valued at $2,638,078.48. This represents a 1.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Dorothy D. Hayes sold 15,000 shares of BigBear.ai stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $4.11, for a total value of $61,650.00. Following the completion of the sale, the director owned 204,150 shares of the company’s stock, valued at approximately $839,056.50. The trade was a 6.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On BigBear.ai

A number of institutional investors and hedge funds have recently modified their holdings of BBAI. Cantor Fitzgerald L. P. bought a new stake in shares of BigBear.ai in the third quarter worth about $1,756,000. M&T Bank Corp bought a new position in shares of BigBear.ai during the 4th quarter valued at about $5,576,000. AlphaQuest LLC acquired a new position in shares of BigBear.ai in the 4th quarter valued at approximately $1,925,000. Vanguard Group Inc. grew its position in shares of BigBear.ai by 32.6% in the 3rd quarter. Vanguard Group Inc. now owns 27,604,836 shares of the company’s stock valued at $179,984,000 after purchasing an additional 6,790,890 shares during the period. Finally, UBS Group AG increased its stake 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 purchasing an additional 6,158,665 shares in the last quarter. 7.55% of the stock is owned by institutional investors.

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.