BigBear.ai (NYSE:BBAI) Stock Price Down 6.8% – Here’s What Happened

BigBear.ai Holdings, Inc. (NYSE:BBAIGet Free Report)’s stock price fell 6.8% during trading on Thursday . The company traded as low as $2.91 and last traded at $2.9250. Approximately 35,622,145 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 45,696,727 shares. The stock had previously closed at $3.14.

Analyst Ratings Changes

Several research firms have recently weighed in on BBAI. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a report on Monday, April 20th. Wall Street Zen raised BigBear.ai from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, BigBear.ai has a consensus rating of “Hold” and a consensus price target of $5.50.

Read Our Latest Analysis on BigBear.ai

BigBear.ai Price Performance

The company has a market capitalization of $1.36 billion, a P/E ratio of -3.27 and a beta of 3.32. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.08 and a quick ratio of 6.08. The firm’s 50-day moving average is $3.93 and its 200-day moving average is $4.26.

Insider Buying and Selling at BigBear.ai

In other 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 sale, the director owned 204,150 shares of the company’s stock, valued at $839,056.50. The trade was a 6.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Sean Raymond Ricker sold 10,000 shares of BigBear.ai 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 transaction, the chief financial officer owned 609,256 shares in the company, valued at $2,638,078.48. This trade represents a 1.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.57% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in BBAI. Root Financial Partners LLC raised its stake 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 acquiring an additional 4,631 shares during the period. PNC Financial Services Group Inc. boosted its position 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 worth $30,000 after purchasing an additional 3,392 shares during the period. HM Payson & Co. increased its stake 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 worth $39,000 after purchasing an additional 6,169 shares in the last quarter. IFP Advisors Inc increased its stake in shares of BigBear.ai by 218.1% in the third quarter. IFP Advisors Inc now owns 9,559 shares of the company’s stock worth $62,000 after purchasing an additional 6,554 shares in the last quarter. Finally, A&I Financial Services LLC bought a new stake in shares of BigBear.ai during the 2nd quarter valued at $37,000. 7.55% of the stock is currently owned by institutional investors.

About BigBear.ai

(Get Free Report)

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.

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