BigBear.ai (NYSE:BBAI) Trading Up 5.3% – Here’s Why

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) shot up 5.3% during trading on Thursday . The company traded as high as $4.15 and last traded at $4.14. 40,080,311 shares traded hands during trading, a decline of 41% from the average session volume of 67,928,625 shares. The stock had previously closed at $3.93.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on BBAI. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday, January 21st. Cantor Fitzgerald downgraded BigBear.ai from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $7.00 to $6.00 in a research report on Wednesday, January 7th. HC Wainwright restated a “buy” rating and issued a $8.00 price target on shares of BigBear.ai in a research report on Tuesday, November 11th. Finally, Wall Street Zen downgraded BigBear.ai from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $6.00.

BigBear.ai Stock Up 5.3%

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 has a 50 day simple moving average of $5.33 and a two-hundred day simple moving average of $5.95. The firm has a market capitalization of $1.81 billion, a P/E ratio of -2.92 and a beta of 3.45.

Insider Buying and Selling at BigBear.ai

In related news, CFO Sean Raymond Ricker sold 5,000 shares of the firm’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $7.06, for a total transaction of $35,300.00. Following the completion of the transaction, the chief financial officer directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On BigBear.ai

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CWM LLC lifted its holdings in shares of BigBear.ai by 237.5% in the 3rd quarter. CWM LLC now owns 4,640 shares of the company’s stock valued at $30,000 after acquiring an additional 3,265 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its stake in BigBear.ai by 3,355.6% during the third quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock worth $32,000 after buying an additional 4,832 shares during the period. Root Financial Partners LLC raised its stake in shares of BigBear.ai by 617.5% in the fourth quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock valued at $29,000 after acquiring an additional 4,631 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of BigBear.ai by 150.9% during the 4th 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. Finally, Nisa Investment Advisors LLC raised its position in BigBear.ai by 68.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 6,222 shares of the company’s stock worth $42,000 after purchasing an additional 2,527 shares during the period. 7.55% of the stock is owned by institutional investors.

About BigBear.ai

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.