BigBear.ai (NYSE:BBAI) Stock Price Down 7.7% – Should You Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI) was down 7.7% during trading on Thursday . The stock traded as low as $3.97 and last traded at $4.09. Approximately 61,727,033 shares changed hands during mid-day trading, a decline of 20% from the average daily volume of 77,367,492 shares. The stock had previously closed at $4.43.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. HC Wainwright reaffirmed a “buy” rating and issued a $8.00 target price on shares of BigBear.ai in a report on Tuesday, November 11th. Wall Street Zen lowered BigBear.ai from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday, January 21st. Finally, Cantor Fitzgerald cut shares of BigBear.ai from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $7.00 to $6.00 in a research report on Wednesday, January 7th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $6.00.

BigBear.ai Price Performance

The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of -2.88 and a beta of 3.45. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 0.18. The company’s 50 day simple moving average is $5.81 and its 200-day simple moving average is $6.15.

BigBear.ai (NYSE:BBAI) last announced its quarterly earnings data on Monday, November 10th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.01). The firm had revenue of $33.14 million for the quarter, compared to analysts’ expectations of $31.82 million. BigBear.ai had a negative net margin of 274.70% and a negative return on equity of 26.11%. The business’s quarterly revenue was down 20.1% on a year-over-year basis. During the same period in the previous year, the company posted ($0.05) EPS. On average, equities research analysts predict that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current fiscal year.

Insider Buying and Selling at BigBear.ai

In other news, CFO Sean Raymond Ricker sold 5,000 shares of BigBear.ai stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $7.06, for a total value of $35,300.00. Following the completion of the sale, the chief financial officer owned 488,716 shares of the company’s stock, valued at $3,450,334.96. The trade was a 1.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dorothy D. Hayes sold 22,000 shares of the company’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $6.08, for a total value of $133,760.00. Following the completion of the transaction, the director owned 236,150 shares of the company’s stock, valued at $1,435,792. The trade was a 8.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.54% of the stock is owned by company insiders.

Institutional Investors Weigh In On BigBear.ai

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in BigBear.ai by 32.6% during 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 during the last quarter. UBS Group AG boosted 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 valued at $56,089,000 after acquiring an additional 6,158,665 shares during the last quarter. Jump Financial LLC acquired a new stake in BigBear.ai during the second quarter worth about $37,407,000. Two Sigma Investments LP raised 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 purchasing an additional 3,056,597 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of BigBear.ai by 125.2% in the 2nd quarter. Geode Capital Management LLC now owns 5,074,311 shares of the company’s stock valued at $34,456,000 after purchasing an additional 2,820,698 shares in the last quarter. 7.55% of the stock is owned by institutional investors and hedge funds.

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.