BigBear.ai (NYSE:BBAI) Shares Down 1.2% – Time to Sell?

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) fell 1.2% during mid-day trading on Tuesday . The company traded as low as $3.77 and last traded at $3.7950. 38,847,233 shares changed hands during trading, a decline of 23% from the average session volume of 50,740,379 shares. The stock had previously closed at $3.84.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on BBAI. Wall Street Zen downgraded BigBear.ai from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. HC Wainwright cut their target price on BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. Cantor Fitzgerald cut their target price on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. 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 Trading Down 1.2%

The firm has a market capitalization of $1.82 billion, a PE ratio of -3.80 and a beta of 3.47. The business has a 50 day moving average price of $3.80 and a 200-day moving average price of $5.38. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 0.16.

BigBear.ai (NYSE:BBAI) last released its quarterly earnings results on Monday, March 2nd. The company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.04. The business had revenue of $27.30 million for the quarter, compared to analysts’ expectations of $33.31 million. BigBear.ai had a negative return on equity of 18.22% and a negative net margin of 230.21%.The company’s revenue was down 37.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.43) EPS. Analysts expect that BigBear.ai Holdings, Inc. will post -0.3 earnings per share for the current year.

Insider Buying and Selling at BigBear.ai

In related news, Director Pamela Joyce Braden sold 80,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $4.00, for a total value of $320,000.00. Following the sale, the director owned 508,687 shares in the company, valued at $2,034,748. This represents a 13.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On BigBear.ai

A number of institutional investors and hedge funds have recently modified their holdings of BBAI. Van ECK Associates Corp acquired a new stake in shares of BigBear.ai in the 4th quarter worth approximately $46,675,000. Vanguard Group Inc. grew its holdings 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 worth $179,984,000 after acquiring an additional 6,790,890 shares during the period. UBS Group AG grew its holdings in shares of BigBear.ai by 145.7% in the 4th quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock worth $56,089,000 after acquiring an additional 6,158,665 shares during the period. Two Sigma Investments LP grew its holdings in shares of BigBear.ai by 165.5% in the 3rd 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 during the period. Finally, Geode Capital Management LLC grew its holdings in shares of BigBear.ai by 35.9% in the 4th quarter. Geode Capital Management LLC now owns 10,247,877 shares of the company’s stock worth $55,347,000 after acquiring an additional 2,706,195 shares during the period. Institutional investors and hedge funds own 7.55% of the company’s stock.

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.