BigBear.ai (NYSE:BBAI) Trading 3% Higher – What’s Next?

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) traded up 3% during trading on Wednesday . The company traded as high as $6.33 and last traded at $6.2750. 90,953,220 shares traded hands during mid-day trading, an increase of 28% from the average session volume of 70,866,172 shares. The stock had previously closed at $6.09.

Analyst Ratings Changes

A number of analysts have recently weighed in on BBAI shares. Cantor Fitzgerald cut BigBear.ai from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $7.00 to $6.00 in a research report on Wednesday, January 7th. Wall Street Zen downgraded BigBear.ai from a “hold” rating to a “sell” rating in a research note on Saturday. HC Wainwright reiterated a “buy” rating and issued a $8.00 target price on shares of BigBear.ai in a research note on Tuesday, November 11th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $6.00.

BigBear.ai Trading Up 3.0%

The firm has a 50-day moving average of $6.06 and a 200 day moving average of $6.43. 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 stock has a market capitalization of $2.74 billion, a price-to-earnings ratio of -4.42 and a beta of 3.46.

BigBear.ai (NYSE:BBAI) last released its quarterly earnings results 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 business had revenue of $33.14 million during the quarter, compared to the consensus estimate of $31.82 million. BigBear.ai had a negative return on equity of 26.11% and a negative net margin of 274.70%.The company’s revenue for the quarter was down 20.1% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.05) EPS. As a group, equities analysts predict that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

Insider Transactions at BigBear.ai

In other BigBear.ai news, CFO Sean Raymond Ricker sold 5,000 shares of the firm’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $7.06, for a total transaction of $35,300.00. Following the transaction, the chief financial officer owned 488,716 shares of the company’s stock, valued at approximately $3,450,334.96. This trade represents a 1.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Dorothy D. Hayes sold 22,000 shares of the business’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $6.08, for a total transaction of $133,760.00. Following the sale, the director owned 236,150 shares in the company, valued at $1,435,792. This trade represents a 8.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On BigBear.ai

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. CWM LLC increased its position in shares of BigBear.ai by 237.5% during the 3rd quarter. CWM LLC now owns 4,640 shares of the company’s stock valued at $30,000 after purchasing an additional 3,265 shares during the period. Hazlett Burt & Watson Inc. lifted its holdings in shares of BigBear.ai by 3,355.6% in the third quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock valued at $32,000 after buying an additional 4,832 shares during the period. Nisa Investment Advisors LLC boosted its stake in BigBear.ai by 68.4% during the second quarter. Nisa Investment Advisors LLC now owns 6,222 shares of the company’s stock valued at $42,000 after buying an additional 2,527 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in BigBear.ai by 2,242.9% during the third quarter. Hantz Financial Services Inc. now owns 8,200 shares of the company’s stock worth $53,000 after acquiring an additional 7,850 shares during the period. Finally, Amalgamated Bank raised its position in BigBear.ai by 163.2% in the third quarter. Amalgamated Bank now owns 9,377 shares of the company’s stock worth $61,000 after acquiring an additional 5,814 shares in the last quarter. 7.55% of the stock is owned by institutional investors.

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.