BigBear.ai (NYSE:BBAI) Stock Price Down 1.6% – Time to Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI) was down 1.6% on Wednesday . The company traded as low as $3.88 and last traded at $3.8950. Approximately 22,654,792 shares traded hands during trading, a decline of 53% from the average daily volume of 48,387,504 shares. The stock had previously closed at $3.96.

Analyst Ratings Changes

A number of equities analysts have weighed in on BBAI shares. HC Wainwright lowered their price objective on BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a research note on Tuesday, March 3rd. Wall Street Zen raised BigBear.ai from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. Finally, Cantor Fitzgerald lowered their price objective on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, BigBear.ai presently has a consensus rating of “Hold” and an average price target of $5.50.

BigBear.ai Price Performance

The stock has a 50 day simple moving average of $4.08 and a two-hundred day simple moving average of $4.69. The company has a market cap of $1.87 billion, a price-to-earnings ratio of -4.48 and a beta of 3.27. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.08 and a quick ratio of 6.08.

Insider Buying and Selling at BigBear.ai

In other 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 value of $61,650.00. Following the transaction, the director owned 204,150 shares of the company’s stock, valued at $839,056.50. This represents a 6.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Sean Raymond Ricker sold 10,000 shares of the company’s 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 directly owned 609,256 shares in the company, valued at approximately $2,638,078.48. This trade represents a 1.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On BigBear.ai

Large investors have recently modified their holdings of the business. Root Financial Partners LLC lifted its stake in shares of BigBear.ai by 617.5% in the 4th quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock valued at $29,000 after purchasing an additional 4,631 shares during the last quarter. PNC Financial Services Group Inc. lifted 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. lifted its stake in shares of BigBear.ai by 616.9% in the 4th quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock valued at $39,000 after purchasing an additional 6,169 shares during the last quarter. IFP Advisors Inc lifted its stake in shares of BigBear.ai by 218.1% in the 3rd quarter. IFP Advisors Inc now owns 9,559 shares of the company’s stock valued at $62,000 after purchasing an additional 6,554 shares during the last quarter. Finally, Hodges Capital Management Inc. acquired a new position in shares of BigBear.ai in the 4th quarter valued at $54,000. Institutional investors and hedge funds own 7.55% of the company’s stock.

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.