BigBear.ai (NYSE:BBAI) Shares Up 2.5% – What’s Next?

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares were up 2.5% during mid-day trading on Friday . The stock traded as high as $3.56 and last traded at $3.4950. Approximately 40,243,760 shares traded hands during trading, a decline of 16% from the average session volume of 47,690,473 shares. The stock had previously closed at $3.41.

Analyst Upgrades and Downgrades

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

BigBear.ai Trading Up 2.5%

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 company has a market cap of $1.67 billion, a PE ratio of -4.02 and a beta of 3.27. The company has a fifty day simple moving average of $4.12 and a two-hundred day simple moving average of $4.56.

Insider Buying and Selling

In related news, Director Dorothy D. Hayes sold 15,000 shares of the business’s 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 transaction, the director owned 204,150 shares in the company, valued at approximately $839,056.50. The trade was a 6.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Sean Raymond Ricker sold 10,000 shares of the business’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 owned 609,256 shares of the company’s stock, valued at approximately $2,638,078.48. This represents a 1.61% decrease in their position. The SEC filing for this sale provides additional information. 0.57% of the stock is owned by insiders.

Institutional Trading of BigBear.ai

Several institutional investors and hedge funds have recently bought and sold shares of BBAI. Root Financial Partners LLC grew its position in BigBear.ai by 617.5% during the 4th quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock worth $29,000 after purchasing an additional 4,631 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings 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. HM Payson & Co. raised its holdings 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. Hollencrest Capital Management purchased a new stake in shares of BigBear.ai in the first quarter valued at about $41,000. Finally, Krilogy Financial LLC acquired a new stake in shares of BigBear.ai during the first quarter worth about $43,000. Hedge funds and other 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.