BigBear.ai (NYSE:BBAI) Trading 3.8% Higher on Better-Than-Expected Earnings

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) traded up 3.8% during trading on Monday following a better than expected earnings announcement. The company traded as high as $4.19 and last traded at $4.11. 49,666,923 shares were traded during mid-day trading, a decline of 25% from the average session volume of 66,462,453 shares. The stock had previously closed at $3.96.

The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.04. BigBear.ai had a negative return on equity of 26.11% and a negative net margin of 274.70%.The business had revenue of $27.30 million during the quarter, compared to the consensus estimate of $33.31 million.

Analyst Ratings Changes

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

Insiders Place Their Bets

In other BigBear.ai news, CFO Sean Raymond Ricker sold 5,000 shares of the business’s stock in a transaction on Thursday, December 4th. The stock was 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 owned 488,716 shares in the company, valued at approximately $3,450,334.96. The trade was a 1.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.54% of the stock is owned by insiders.

Institutional Investors Weigh In On BigBear.ai

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Wedbush Securities Inc. purchased a new stake in shares of BigBear.ai in the 2nd quarter valued at approximately $1,669,000. Swiss National Bank grew its holdings in shares of BigBear.ai by 51.1% during the second quarter. Swiss National Bank now owns 552,100 shares of the company’s stock valued at $3,749,000 after buying an additional 186,600 shares in the last quarter. XTX Topco Ltd boosted its position in BigBear.ai by 980.7% during the 2nd quarter. XTX Topco Ltd now owns 368,938 shares of the company’s stock worth $2,505,000 after acquiring an additional 334,799 shares during the period. PFG Investments LLC purchased a new position in BigBear.ai during the 3rd quarter valued at about $1,593,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of BigBear.ai by 3,252.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,398,419 shares of the company’s stock valued at $16,285,000 after purchasing an additional 2,326,883 shares during the period. 7.55% of the stock is currently owned by institutional investors.

BigBear.ai Stock Up 3.8%

The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $1.79 billion, a PE ratio of -2.89 and a beta of 3.49. The business’s 50-day moving average price is $5.25 and its 200-day moving average price is $5.92.

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.