BigBear.ai (NYSE:BBAI) Trading Down 1.6% – What’s Next?

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares fell 1.6% during trading on Tuesday . The stock traded as low as $3.76 and last traded at $3.77. 25,911,085 shares traded hands during mid-day trading, a decline of 46% from the average daily volume of 47,936,297 shares. The stock had previously closed at $3.83.

Analyst Ratings Changes

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

BigBear.ai Price Performance

The company has a quick ratio of 6.08, a current ratio of 6.08 and a debt-to-equity ratio of 0.01. The stock’s 50-day moving average price is $4.11 and its 200-day moving average price is $4.63. The company has a market capitalization of $1.81 billion, a price-to-earnings ratio of -4.33 and a beta of 3.27.

Insider Buying and Selling at BigBear.ai

In other BigBear.ai news, Director Dorothy D. Hayes sold 15,000 shares of the company’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $4.11, for a total transaction of $61,650.00. Following the transaction, the director owned 204,150 shares of the company’s stock, valued at approximately $839,056.50. This represents a 6.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Sean Raymond Ricker sold 10,000 shares of the stock in a transaction 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 transaction, the chief financial officer owned 609,256 shares in the company, valued at $2,638,078.48. The trade was a 1.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.57% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On BigBear.ai

Hedge funds have recently added to or reduced their stakes in the company. Root Financial Partners LLC raised its holdings 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. boosted its stake in shares of BigBear.ai by 150.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock valued at $30,000 after purchasing an additional 3,392 shares during the last quarter. HM Payson & Co. grew its position in shares of BigBear.ai by 616.9% during the 4th quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock worth $39,000 after buying an additional 6,169 shares during the period. Hollencrest Capital Management acquired a new stake in shares of BigBear.ai during the 1st quarter worth approximately $41,000. Finally, Krilogy Financial LLC bought a new stake in shares of BigBear.ai during the first quarter worth approximately $43,000. Institutional investors 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.